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T

Tourmaline Oil TOU.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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62.33

-1.11%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Revenue

C$5.82bn

FY2016FY2025

Net income

C$262.7m

FY2016FY2025

Free cash flow

C$379.1m

FY2016FY2025

Shareholders' equity

C$15.44bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueC$5.82bnC$4.35bnC$4.84bnC$7.10bnC$4.77bnC$2.22bnC$1.84bnC$1.69bnC$1.62bnC$1.10bn
Gross profitC$321.0mC$2.20bnC$2.95bnC$5.37bnC$3.43bnC$1.31bnC$1.04bnC$1.00bnC$1.06bnC$712.8m
Operating incomeC$69.5mC$1.78bnC$2.24bnC$5.96bnC$2.59bnC$675.3mC$362.7mC$624.2mC$551.6mC$12.6m
Net incomeC$262.7mC$1.26bnC$1.74bnC$4.49bnC$2.03bnC$618.3mC$319.7mC$401.4mC$346.8m−C$32.0m
Diluted earnings per share0.683.384.9613.255.982.071.181.481.28-0.12

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$22.87bnC$22.70bnC$20.48bnC$19.04bnC$16.16bnC$13.73bnC$11.61bnC$10.73bnC$10.18bnC$9.36bn
Cash and short-term investments———−C$10.2m−C$11.2mC$220.2mC$12.1mC$35.3mC$17.3mC$895,000
Total liabilitiesC$7.43bnC$7.15bnC$6.47bnC$5.35bnC$4.55bnC$4.45bnC$3.65bnC$3.16bnC$2.97bnC$2.59bn
DebtC$1.86bnC$1.30bnC$1.13bnC$629.3mC$880.7mC$1.95bnC$1.63bnC$1.48bnC$1.53bnC$1.41bn
Shareholders' equityC$15.44bnC$15.54bnC$14.02bnC$13.69bnC$11.61bnC$8.81bnC$7.79bnC$7.54bnC$7.19bnC$6.74bn
Shares outstanding387m374m350m339m339m298m271m272m271m269m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsC$3.39bnC$2.73bnC$4.41bnC$4.69bnC$2.85bnC$1.13bnC$1.17bnC$1.27bnC$1.18bnC$696.9m
Capital spending−C$3.01bn−C$2.26bn−C$2.73bn−C$1.95bn−C$1.98bn−C$1.08bn−C$1.24bn−C$1.21bn−C$1.32bn−C$1.92bn
Free cash flowC$379.1mC$470.6mC$1.67bnC$2.74bnC$864.2mC$47.9m−C$66.7mC$59.9m−C$137.3m−C$1.23bn
Dividends paid−C$1.26bn−C$1.19bn−C$2.23bn−C$2.65bn−C$468.6m−C$161.6m−C$125.0m−C$100.6m−C$100.6m−C$100.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueC$1.36bnC$1.62bnC$1.53bnC$1.30bnC$1.08bnC$1.31bnC$1.12bnC$874.2m
Gross profitC$381.4mC$503.3m−C$796.2mC$215.1mC$484.6mC$676.5mC$571.8mC$328.9m
Operating incomeC$320.2mC$453.0m−C$869.8mC$149.9mC$724.0mC$306.3mC$559.1mC$494.6m
Net incomeC$184.4mC$657.6m−C$655.0mC$190.4mC$514.6mC$212.7mC$407.4mC$355.2m
Diluted earnings per share0.471.69-1.690.491.330.551.090.95
Cash from operationsC$643.0mC$942.0mC$700.0mC$853.0mC$745.0mC$1.09bnC$666.0mC$727.0m
Capital spending−C$593.0m−C$661.0m−C$828.0m−C$847.0m−C$505.0m−C$826.0m−C$761.0m−C$591.0m
Free cash flowC$50.0mC$281.0m−C$128.0mC$6.0mC$240.0mC$262.0m−C$95.0mC$136.0m
Total assetsC$22.84bnC$23.06bnC$22.87bnC$23.74bnC$23.36bnC$22.41bnC$22.70bnC$20.25bn
DebtC$1.28bnC$1.11bnC$1.89bnC$1.78bnC$1.61bnC$1.22bnC$1.30bnC$1.43bn
Shareholders' equityC$15.99bnC$15.96bnC$15.44bnC$16.38bnC$16.48bnC$15.49bnC$15.54bnC$14.13bn

Financial ratios

Data as of 24 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin5.5%50.4%61.0%75.7%71.9%58.9%
Operating margin1.2%40.8%46.4%83.9%54.4%30.4%
Net margin4.5%29.0%35.9%63.2%42.5%27.8%
Return on equity1.7%8.1%12.4%32.8%17.5%7.0%
Return on assets1.1%5.6%8.5%23.6%12.5%4.5%
Free cash flow yield27.0%21.8%33.3%32.1%23.3%12.1%
Revenue growth33.7%-10.0%-31.8%49.0%114.2%21.1%
Earnings growth-79.2%-27.2%-61.3%121.5%227.7%93.4%
Current ratio0.83x0.89x0.81x1.56x0.66x1.22x
Debt to equity0.12x0.08x0.08x0.05x0.08x0.22x
Equity ratio67.5%68.5%68.4%71.9%71.8%64.2%
Interest coverage0.99x21.86x58.77x199.03x70.79x16.03x
Buybacks as a share of market value-3.6%-6.7%-3.4%0.0%-13.6%-10.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-6.4%21.2%18.6%
Operating income-77.3%-36.5%-10.3%
Net income-61.2%-15.7%12.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin24.7%49.0%53.5%55.2%
Operating margin18.2%45.4%45.8%41.4%
Net margin15.0%35.0%35.7%31.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings90.819.712.05.26.88.312.911.517.8-302.6
Price to sales4.15.74.33.32.92.32.32.73.88.8

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 15 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.503.303.326.557.901.420.500.46

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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