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Tourmaline Oil Corp. (T:TOU)

Business Focus: Oil Exploration & Production - Onshore

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Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 3700-250 6 Ave SW
CALGARY AB T2P 3H7
Tel: N/A
Website: N/A
IR: N/A
Key People
Michael L. Rose
Chairman of the Board, President, Chief Executive Officer
Brian G. Robinson
Chief Financial Officer, Vice President - Finance, Director
Allan J. Bush
Chief Operating Officer, Vice President - Operations
Sherra Aspin
Vice President of Marketing
Ronald J. Hill
Vice President - Exploration
Earl Henry McKinnon
Vice President - Drilling and Completions Operations
Drew E. Tumbach
Vice President - Land and Contracts
W. Scott Kirker
General Counsel, Secretary
 
Business Overview
Tourmaline Oil Corp is a Canada-based company engaged in oil and gas exploration and production business sector. The Company is crude oil and natural gas exploration and production company focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. The Company has assembled an undeveloped land position with a multi-year drilling inventory and operating control of natural gas processing and transportation infrastructure in three core long-term growth areas. The Company is focused on three core areas: the Alberta Deep Basin, Northeast British Columbia Montney and the Peace River Triassic Oil Complex.
Financial Overview
For the three months ended 31 March 2019, Tourmaline Oil Corp revenues increased 8% to C$579.1M. Net income decreased 32% to C$87.7M. Revenues reflect Natural Gas Production, Total increase of 8% to 129.53B cubic feet, Oil Equivalent Production (Units/day), T increase of 9% to 293K barrels per day, Commodity sales from production increase of 16% to C$578M, Realized gain on risk management activit increase of 67% to C$88.2M.
Employees: 188 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $2,147M as of Mar 31, 2019
EBITDA (TTM): $1,366M as of Mar 31, 2019
Net annual income (TTM): $359.54M as of Mar 31, 2019
Free cash flow (TTM): -$179.61M as of Mar 31, 2019
Net Debt Last Fiscal Year: $1,480M as of Mar 31, 2019
Shares outstanding: 272,050,159 as of Apr 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization