Tourmaline Oil revenue and financials
$62.91Change from previous close: −0.13%Absolute change: −$0.08
In the fiscal year ended December 2025, Tourmaline Oil reported revenue of $4.59B (+5.42% year over year). Net income was $262.67M, a net margin of 5.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.42%
- 2025 vs 2024
- Net income growth
- −79.22%
- 2025 vs 2024
- Net margin
- 5.7%
- 2024: 29.0%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 22,622 | 22,312 | 20,097 | 18,893 | 15,292 |
| Current assets | 1,977 | 1,353 | 1,295 | 2,245 | 690 |
| Cash and equivalents | — | — | — | — | 0.0 |
| Receivables | 802 | 832 | 731 | 1,094 | 652 |
| Net property, plant and equipment | 19,792 | 19,854 | 17,472 | 14,804 | 13,844 |
| Long-term investments | 332 | 428 | 608 | 648 | 746 |
| Current liabilities | 2,397 | 1,520 | 1,594 | 1,436 | 1,051 |
| Accounts payable | 1,332 | 1,305 | 1,076 | 1,013 | 775 |
| Long-term debt | 1,053 | 1,273 | 1,100 | 619 | 870 |
| Total debt | 1,891 | 1,304 | 1,127 | 629 | — |
| Total liabilities | 7,185 | 6,768 | 6,082 | 5,206 | 3,686 |
| Total equity (incl. minority) | 15,436 | 15,544 | 14,016 | 13,687 | 11,606 |
| Retained earnings | 4,261 | 5,261 | 5,182 | 5,673 | 3,840 |
| Minority interest | — | — | — | — | 0.0 |