Cash flow Tourmaline Oil Corp.

Stocks

TOU

CA89156V1067

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-07-17 pm EDT			5-day change	1st Jan Change
62.49 ^CAD	+0.16%		+4.66%	+1.49%

Jul. 13	U.S. Banks Expect Solid 2Q, but Long-Term Growth Questions Remain -- Earnings Preview	DJ
Jun. 04	Tourmaline Oil Declares Quarterly Dividend And Announces Election of Directors	MT

e3770bea4d973faac678.0-U2MWCCqgP_NOVuFQNLQl4LXhfG6T80i32ETDx9LaI.koJCRhnrmnXIXNA7eEYgehxNN0-OunJ3uQ-pJlsFHJCG0G9pLLLSdp55pA

Published financial data: TOURMALINE OIL CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	4.72B	7.04B	4.79B	4.31B	4.56B
Other Revenues, Total	45.73M	53.41M	47.43M	42.1M	31.4M
Total Revenues	4.77B	7.1B	4.84B	4.35B	4.59B
Cost of Goods Sold, Total	1.34B	1.73B	1.89B	2.16B	2.46B
Gross Profit	3.43B	5.37B	2.95B	2.2B	2.13B
Selling General & Admin Expenses, Total	87.25M	103M	128M	164M	182M
Stock-Based Compensation (IS)	16.45M	28.73M	50.3M	63.86M	69.53M
Depreciation & Amortization - (IS)	1.04B	1.15B	1.29B	1.54B	2.98B
Impairment of Oil, Gas & Mineral Properties - (IS)	48.01M	32.53M	17.85M	10.71M	20.96M
Other Operating Expenses	504M	-1.82B	-557M	-1.17B	-1.21B
Other Operating Expenses, Total	1.69B	-503M	925M	608M	2.05B
Operating Income	1.73B	5.87B	2.03B	1.59B	79.61M
Interest Expense, Total	-21.55M	-29.94M	-38.19M	-81.36M	-70.42M
Interest And Investment Income	8M	34.36M	14.88M	14.32M	75.99M
Net Interest Expenses	-13.56M	4.42M	-23.31M	-67.04M	5.57M
Currency Exchange Gains (Loss)	12.84M	14.54M	-20.56M	52.84M	-35.46M
Other Non Operating Income (Expenses)	-15.84M	-108M	121M	-186M	189M
EBT, Excl. Unusual Items	1.72B	5.78B	2.1B	1.39B	239M
Merger & Related Restructuring Charges	-2.8M	-439K	-7.42M	-9.45M	-5.8M
Gain (Loss) On Sale Of Assets	321M	-	-	-	-
Asset Writedown	237M	-	-	-	-
Other Unusual Items	250M	122M	82.2M	279M	111M
EBT, Incl. Unusual Items	2.52B	5.91B	2.18B	1.66B	344M
Income Tax Expense	494M	1.42B	443M	394M	81.23M
Earnings From Continuing Operations	2.03B	4.49B	1.74B	1.26B	263M
Net Income to Company	2.03B	4.49B	1.74B	1.26B	263M
Minority Interest	-3.42M	-	-	-	-
Net Income - (IS)	2.03B	4.49B	1.74B	1.26B	263M
Net Income to Common Incl Extra Items	2.03B	4.49B	1.74B	1.26B	263M
Net Income to Common Excl. Extra Items	2.03B	4.49B	1.74B	1.26B	263M
Per Share Items
Net EPS - Basic	6.49	13.37	5.09	3.54	0.69
Basic EPS - Continuing Operations	6.49	13.37	5.09	3.54	0.69
Basic Weighted Average Shares Outstanding	312M	336M	341M	357M	382M
Net EPS - Diluted	6.4	13.1	5.03	3.51	0.68
Diluted EPS - Continuing Operations	6.4	13.1	5.03	3.51	0.68
Diluted Weighted Average Shares Outstanding	317M	343M	345M	360M	384M
Normalized Basic EPS	3.43	10.77	3.86	2.43	0.39
Normalized Diluted EPS	3.38	10.56	3.81	2.41	0.39
Dividend Per Share	0.67	0.9	1.05	1.32	2
Payout Ratio	10.39	6.74	20.73	37.36	292.2
American Depositary Receipts Ratio (ADR)	0.33	0.33	0.33	0.33	0.33
Supplemental Items
EBITDA	2.83B	7.08B	3.34B	3.16B	1.88B
EBITA	1.75B	5.89B	2.05B	1.62B	115M
EBIT	1.73B	5.87B	2.03B	1.59B	79.61M
EBITDAR	2.83B	7.08B	3.35B	3.17B	1.89B
Total Revenues (As Reported)	4.29B	8.83B	5.54B	5.37B	6.02B
Effective Tax Rate - (Ratio)	19.58	24.03	20.35	23.75	23.62
Total Current Taxes	-	11.93M	431M	84.16M	44.49M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	494M	1.41B	12.2M	310M	36.74M
Normalized Net Income	1.07B	3.62B	1.32B	868M	149M
Interest Capitalized	1.07M	-	-	-	-
Interest on Long-Term Debt	37.66M	29.94M	38.19M	81.36M	139M
Supplemental Operating Expense Items
General and Administrative Expenses	84.95M	101M	124M	160M	175M
Net Rental Expense, Total	2.3M	2.5M	4.6M	4.6M	6.7M
Imputed Operating Lease Interest Expense	294K	793K	1.6M	2.46M	2.36M
Imputed Operating Lease Depreciation	2.01M	1.71M	3M	2.14M	4.34M
Stock-Based Comp., Other (Total)	16.45M	28.73M	50.3M	63.86M	69.53M
Total Stock-Based Compensation	16.45M	28.73M	50.3M	63.86M	69.53M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	-	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	-	-	-	-	-
Accounts Receivable, Total	652M	1.09B	731M	792M	775M
Other Receivables	-	-	-	39.92M	26.81M
Total Receivables	652M	1.09B	731M	832M	802M
Prepaid Expenses	26.28M	63.87M	87.9M	83.03M	131M
Other Current Assets, Total	11.2M	1.09B	476M	438M	1.04B
Total Current Assets	690M	2.25B	1.3B	1.35B	1.98B
Gross Property Plant And Equipment	19.76B	21.87B	25.82B	29.73B	30.55B
Accumulated Depreciation	-5.92B	-7.07B	-8.35B	-9.87B	-10.76B
Net Property Plant And Equipment	13.84B	14.8B	17.47B	19.85B	19.79B
Long-term Investments	746M	648M	608M	428M	332M
Other Long-Term Assets, Total	12.16M	1.2B	722M	676M	520M
Total Assets	15.29B	18.89B	20.1B	22.31B	22.62B
Liabilities
Accounts Payable, Total	775M	1.01B	1.1B	1.31B	1.33B
Accrued Expenses, Total	-	-	-	24.5M	30.7M
Short-term Borrowings	-	-	-	-	800M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	3M	3.11M	5.8M	8.38M	8.03M
Current Income Taxes Payable	-	11.93M	403M	-	-
Other Current Liabilities	272M	408M	83.91M	182M	226M
Total Current Liabilities	1.05B	1.44B	1.59B	1.52B	2.4B
Long-Term Debt	870M	619M	1.1B	1.27B	1.05B
Long-Term Leases	8.17M	7.05M	20.51M	23M	30.34M
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	1.04B	2.48B	2.42B	2.86B	2.92B
Other Non Current Liabilities	720M	663M	950M	1.09B	781M
Total Liabilities	3.69B	5.21B	6.08B	6.77B	7.19B
Common Stock, Total	7.48B	7.73B	8.49B	9.86B	10.67B
Additional Paid In Capital	284M	288M	346M	427M	502M
Retained Earnings	3.84B	5.67B	5.18B	5.26B	4.26B
Total Common Equity	11.61B	13.69B	14.02B	15.54B	15.44B
Minority Interest	-	-	-	-	-
Total Equity	11.61B	13.69B	14.02B	15.54B	15.44B
Total Liabilities And Equity	15.29B	18.89B	20.1B	22.31B	22.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	332M	339M	351M	374M	387M
ECS Total Common Shares Outstanding	331M	339M	351M	374M	387M
Book Value / Share	35.08	40.41	39.89	41.6	39.88
Tangible Book Value	11.61B	13.69B	14.02B	15.54B	15.44B
Tangible Book Value Per Share	35.08	40.41	39.89	41.6	39.88
Total Debt	881M	629M	1.13B	1.3B	1.89B
Net Debt	881M	629M	1.13B	1.3B	1.89B
Debt Equivalent Oper. Leases	18.4M	20M	36.8M	36.8M	53.6M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	746M	648M	608M	428M	332M
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	322	360	389	458	544

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.03B	4.49B	1.74B	1.26B	263M
Depreciation & Amortization - CF	1.04B	1.15B	1.29B	1.54B	1.75B
Amortization of Goodwill and Intangible Assets - (CF)	11.86M	21.15M	19.36M	29.97M	35.16M
Impairment of Oil, Gas & Mineral Properties - (CF)	48.01M	32.53M	17.85M	10.71M	20.96M
Depreciation & Amortization, Total	1.1B	1.21B	1.32B	1.58B	1.81B
Minority Interest in Earnings - (CF)	3.42M	-	-	-	-
(Gain) Loss From Sale Of Asset	-321M	-	-	-	1.23B
(Gain) Loss on Sale of Investments - (CF)	-29.15M	-	-	-	-
Asset Writedown & Restructuring Costs	-237M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-8M	-34.36M	-14.88M	-14.32M	-75.99M
Stock-Based Compensation (CF)	16.45M	28.73M	50.3M	63.86M	69.53M
Other Operating Activities, Total	383M	-791M	1B	-139M	103M
Change in Other Net Operating Assets	-82.01M	-203M	308M	-27.12M	-10.4M
Cash from Operations	2.85B	4.69B	4.41B	2.73B	3.39B
Capital Expenditure	-1.98B	-1.95B	-2.08B	-2.26B	-3.02B
Sale of Property, Plant, and Equipment	393M	71.49M	7.79M	358M	75.62M
Cash Acquisitions	-	-67.77M	-651M	-169M	-
Investment in Marketable and Equity Securities, Total	104M	-	-	331M	221M
Other Investing Activities, Total	106M	-24.01M	122M	100M	-10.68M
Cash from Investing	-1.38B	-1.97B	-2.6B	-1.64B	-2.73B
Short Term Debt Issued, Total	-	-	-	-	800M
Long-Term Debt Issued, Total	448M	307K	372M	250M	-
Total Debt Issued	448M	307K	372M	250M	800M
Long-Term Debt Repaid, Total	-1.85B	-258M	-5.74M	-196M	-230M
Total Debt Repaid	-1.85B	-258M	-5.74M	-196M	-230M
Issuance of Common Stock	172M	189M	57.37M	41.18M	38.48M
Repurchase of Common Stock	-6.54M	-	-	-	-
Common Dividends Paid	-	-303M	-360M	-472M	-768M
Common & Preferred Stock Dividends Paid	-210M	-	-	-	-
Common & Preferred Stock Dividends Paid	-210M	-303M	-360M	-472M	-768M
Special Dividend Paid	-247M	-2.35B	-1.87B	-714M	-494M
Other Financing Activities, Total	9.09M	-	-	-	-
Cash from Financing	-1.69B	-2.72B	-1.8B	-1.09B	-653M
Net Change in Cash	-220M	-	-	-	-
Supplemental Items
Cash Interest Paid	32.7M	28M	37.4M	62.5M	69.5M
Cash Income Tax Paid (Refund)	-	-	-	527M	31.38M
Levered Free Cash Flow	452M	1.77B	1.64B	195M	-1.68B
Unlevered Free Cash Flow	466M	1.78B	1.66B	246M	-1.64B
Change In Net Working Capital	-253M	1.17B	-1.11B	133M	548M
Net Debt Issued / Repaid	-1.4B	-258M	366M	53.57M	570M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.72	21.48	6.5	4.68	0.22
Return on Total Capital	9.14	27.39	8.6	6.21	0.29
Return On Equity %	19.44	35.48	12.53	8.55	1.7
Return on Common Equity	19.85	35.48	12.53	8.55	1.7
Margin Analysis
Gross Profit Margin %	71.89	75.66	61	50.44	46.32
SG&A Margin	1.83	1.46	2.65	3.77	3.96
EBITDA Margin %	59.3	99.68	69.11	72.62	40.95
EBITA Margin %	36.65	83.05	42.28	37.17	2.5
EBIT Margin %	36.4	82.75	41.88	36.48	1.73
Income From Continuing Operations Margin %	42.59	63.21	35.87	29.03	5.72
Net Income Margin %	42.51	63.21	35.87	29.03	5.72
Net Avail. For Common Margin %	42.51	63.21	35.87	29.03	5.72
Normalized Net Income Margin	22.46	50.93	27.18	19.93	3.26
Levered Free Cash Flow Margin	9.5	24.87	33.89	4.49	-36.64
Unlevered Free Cash Flow Margin	9.78	25.13	34.38	5.66	-35.68
Asset Turnover
Asset Turnover	0.34	0.42	0.25	0.21	0.2
Fixed Assets Turnover	0.37	0.5	0.3	0.23	0.23
Receivables Turnover (Average Receivables)	9.29	8.07	5.25	5.66	5.82
Short Term Liquidity
Current Ratio	0.66	1.56	0.81	0.89	0.83
Quick Ratio	0.62	0.76	0.46	0.55	0.33
Operating Cash Flow to Current Liabilities	2.71	3.27	2.76	1.8	1.41
Days Sales Outstanding (Average Receivables)	39.28	45.23	69.49	64.64	62.75
Average Days Payable Outstanding	167.04	188.86	204.36	201.88	195.29
Long Term Solvency
Total Debt/Equity	7.59	4.6	8.04	8.39	12.25
Total Debt / Total Capital	7.05	4.4	7.44	7.74	10.91
LT Debt/Equity	7.56	4.57	8	8.34	7.02
Long-Term Debt / Total Capital	7.03	4.37	7.4	7.69	6.25
Total Liabilities / Total Assets	24.1	27.56	30.26	30.33	31.76
EBIT / Interest Expense	80.49	196.22	53.08	19.53	1.13
EBITDA / Interest Expense	131.3	236.49	87.73	38.97	26.84
(EBITDA - Capex) / Interest Expense	39.3	171.33	33.23	11.2	-16.04
Total Debt / EBITDA	0.31	0.09	0.34	0.41	1
Net Debt / EBITDA	0.31	0.09	0.34	0.41	1
Total Debt / (EBITDA - Capex)	1.04	0.12	0.89	1.43	-1.67
Net Debt / (EBITDA - Capex)	1.04	0.12	0.89	1.43	-1.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	114.23	48.95	-31.82	-10.03	5.42
Gross Profit, 1 Yr. Growth %	161.48	56.76	-45.03	-25.61	-3.19
EBITDA, 1 Yr. Growth %	135	150.39	-52.73	-5.46	-40.59
EBITA, 1 Yr. Growth %	450.22	237.51	-65.28	-20.91	-92.91
EBIT, 1 Yr. Growth %	455.98	238.6	-65.49	-21.64	-94.99
Earnings From Cont. Operations, 1 Yr. Growth %	228.09	121.1	-61.31	-27.18	-79.22
Net Income, 1 Yr. Growth %	227.67	121.47	-61.31	-27.18	-79.22
Normalized Net Income, 1 Yr. Growth %	586.97	237.76	-63.62	-34.02	-82.78
Diluted EPS Before Extra, 1 Yr. Growth %	181.94	104.69	-61.6	-30.22	-80.63
Accounts Receivable, 1 Yr. Growth %	79.37	67.71	-33.17	8.35	-2.11
Net Property, Plant and Equip., 1 Yr. Growth %	13.91	6.93	18.02	13.63	-0.31
Total Assets, 1 Yr. Growth %	19.56	23.55	6.37	11.02	1.39
Tangible Book Value, 1 Yr. Growth %	31.75	17.93	2.4	10.9	-0.69
Common Equity, 1 Yr. Growth %	31.75	17.93	2.4	10.9	-0.69
Cash From Operations, 1 Yr. Growth %	153.05	64.82	-6.11	-38.05	24.08
Capital Expenditures, 1 Yr. Growth %	82.95	-1.62	6.67	8.56	33.67
Levered Free Cash Flow, 1 Yr. Growth %	-589.66	290.14	-7.09	-88.09	-951.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.2K	282.88	-6.73	-85.2	-759.56
Dividend Per Share, 1 Yr. Growth %	34	34.33	16.67	25.71	51.52
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	61.1	78.64	0.78	-21.68	-2.61
Gross Profit, 2 Yr. CAGR %	81.1	102.46	-7.17	-36.05	-15.14
EBITDA, 2 Yr. CAGR %	53.31	142.57	8.79	-33.15	-25.03
EBITA, 2 Yr. CAGR %	122.16	330.94	8.25	-47.6	-76.32
EBIT, 2 Yr. CAGR %	123.26	333.88	8.1	-48	-80.18
Earnings From Cont. Operations, 2 Yr. CAGR %	151.82	169.33	-7.51	-46.92	-61.1
Net Income, 2 Yr. CAGR %	151.72	169.39	-7.44	-46.92	-61.1
Normalized Net Income, 2 Yr. CAGR %	142.7	381.69	10.85	-51.01	-66.3
Diluted EPS Before Extra, 2 Yr. CAGR %	133.24	140.23	-11.35	-48.24	-63.23
Accounts Receivable, 2 Yr. CAGR %	58.43	73.44	5.87	-14.91	2.98
Net Property, Plant and Equip., 2 Yr. CAGR %	12.76	10.37	12.34	15.81	6.43
Total Assets, 2 Yr. CAGR %	16.95	21.54	14.64	8.67	6.09
Tangible Book Value, 2 Yr. CAGR %	22.1	24.65	9.89	6.57	4.95
Common Equity, 2 Yr. CAGR %	22.1	24.65	9.89	6.57	4.95
Cash From Operations, 2 Yr. CAGR %	55.67	104.23	24.4	-23.73	-12.32
Capital Expenditures, 2 Yr. CAGR %	23.72	34.16	2.44	7.61	20.46
Levered Free Cash Flow, 2 Yr. CAGR %	14.05	337.08	90.39	-66.73	1.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	23.39	549.72	88.98	-62.85	-0.79
Dividend Per Share, 2 Yr. CAGR %	20.69	34.16	25.19	21.11	38.01
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	41.33	56.95	29.58	-2.96	-13.52
Gross Profit, 3 Yr. CAGR %	50.66	72.59	31.1	-13.78	-26.57
EBITDA, 3 Yr. CAGR %	27.08	80.54	40.63	3.82	-35.71
EBITA, 3 Yr. CAGR %	44.53	155.39	86.12	-2.51	-73.1
EBIT, 3 Yr. CAGR %	44.68	156.5	86.6	-2.89	-76.16
Earnings From Cont. Operations, 3 Yr. CAGR %	71.59	141.13	41.05	-14.6	-61.17
Net Income, 3 Yr. CAGR %	71.53	141.21	41.07	-14.55	-61.17
Normalized Net Income, 3 Yr. CAGR %	50.63	170.96	103.61	-6.76	-65.43
Diluted EPS Before Extra, 3 Yr. CAGR %	63.01	123.31	30.37	-18.15	-62.7
Accounts Receivable, 3 Yr. CAGR %	35.35	61.46	26.21	6.69	-10.84
Net Property, Plant and Equip., 3 Yr. CAGR %	9.99	10.78	12.86	12.77	10.16
Total Assets, 3 Yr. CAGR %	12.53	19.11	16.26	13.42	6.19
Tangible Book Value, 3 Yr. CAGR %	15.45	20.69	16.74	10.23	4.09
Common Equity, 3 Yr. CAGR %	15.45	20.69	16.74	10.23	4.09
Cash From Operations, 3 Yr. CAGR %	30.9	58.66	57.62	-1.39	-10.3
Capital Expenditures, 3 Yr. CAGR %	15.51	14.62	24.29	4.44	15.68
Levered Free Cash Flow, 3 Yr. CAGR %	58.17	71.84	160.85	-24.42	-1.6
Unlevered Free Cash Flow, 3 Yr. CAGR %	80.77	79.97	240.2	-19.15	-2.81
Dividend Per Share, 3 Yr. CAGR %	21.89	25.07	28.06	25.36	30.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	34.03	34.44	23.45	18.85	15.59
Gross Profit, 5 Yr. CAGR %	36.89	38.31	24.13	16.02	10.17
EBITDA, 5 Yr. CAGR %	34.47	40.67	19.42	21.34	9.35
EBITA, 5 Yr. CAGR %	137.07	63.12	28.75	35.53	-18.41
EBIT, 5 Yr. CAGR %	130.04	63.34	28.76	35.48	-23.9
Earnings From Cont. Operations, 5 Yr. CAGR %	128.12	66.85	34.01	31.62	-15.74
Net Income, 5 Yr. CAGR %	129.29	66.87	34.02	31.64	-15.74
Normalized Net Income, 5 Yr. CAGR %	94.28	64.81	33.24	36.71	-0.84
Diluted EPS Before Extra, 5 Yr. CAGR %	114.79	59.07	27.77	24.44	-21.42
Accounts Receivable, 5 Yr. CAGR %	26.51	32.2	22.68	24.97	16.35
Net Property, Plant and Equip., 5 Yr. CAGR %	8.67	8.47	10.93	12.77	10.24
Total Assets, 5 Yr. CAGR %	10.32	13.16	13.37	14.82	12.08
Tangible Book Value, 5 Yr. CAGR %	11.48	13.75	13.19	14.83	11.87
Common Equity, 5 Yr. CAGR %	11.48	13.75	13.19	14.83	11.87
Cash From Operations, 5 Yr. CAGR %	32.51	31.73	28.26	18.36	24.66
Capital Expenditures, 5 Yr. CAGR %	0.02	6.69	10.09	11.77	22.74
Levered Free Cash Flow, 5 Yr. CAGR %	-19.64	42.32	70.35	-10.9	78.65
Unlevered Free Cash Flow, 5 Yr. CAGR %	-18.9	44.32	84.01	-4.26	107.81
Dividend Per Share, 5 Yr. CAGR %	-	-	23.2	23.47	31.95