Tourmaline Oil Corp. (T:TOU)
Business Focus: Oil & Gas Exploration and Production (NEC)
Mostly sunny as of April 01, 2024
For the latest outlook, get the company report
Insider Filings
Latest 10 SEDI filings for TOU within the last 6 months
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Company News
Mar 06, 2024 16:00 ET
TOURMALINE DELIVERS RECORD PRODUCTION, INCREASES 2P RESERVES TO 5 BILLION BOE AND DECLARES AN INCREASED QUARTERLY BASE DIVIDEND AND A SPECIAL DIVIDEND
CALGARY, AB, March 6, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2023, announce an increase in both 2023 reserves and the quarterly base dividend, as well as declare a special dividend and a quarterly dividend.
Jan 15, 2024 16:00 ET
TOURMALINE PROVIDES EP ACTIVITY UPDATE AND ANNOUNCES TWO ADDITIONAL LNG AGREEMENTS
CALGARY, AB, Jan. 15, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an EP activity update and to announce two additional LNG agreements.
Valuation Ratios
Industry
Sector
Beta
1.40
--
--
Price to Sales - TTM
4.07
3.60
3.66
Price to Book - most recent quarter
1.61
1.41
1.79
Price to Cash Flow per share - TTM
7.41
4.82
5.68
Price to Free Cash Flow per share - TTM
229.49
15.93
16.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 4,788,858 | 797,430 |
| Mar 31, 2024 | 3,991,428 | 1,145,111 |
| Mar 15, 2024 | 2,846,317 | -945,707 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. The Company has ownership interests in 16 natural gas plants in the Alberta Deep Basin. It owns and operates five natural gas processing facilities with an aggregate capacity of approximately 325 million cubic feet per day (MMcf/d) with related gas gathering systems and NGL handling infrastructure at NEBC Montney Gas basin. The Company owns and operates two oil batteries at the Peace River Triassic Oil basin, which handles approximately 48,000 barrels per day of fluids and the associated natural gas is delivered to a third party for processing.
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