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 |
|---|---|---|---|---|---|
| Operating cash flow | 3,387 | 2,730 | 4,406 | 4,693 | 2,847 |
| Depreciation and amortization | 1,811 | 1,584 | 1,323 | 1,206 | 1,095 |
| Capital expenditure | -3,020 | -2,259 | -2,081 | -1,951 | -1,983 |
| Investing cash flow | -2,734 | -1,639 | -2,602 | -1,971 | -1,380 |
| Financing cash flow | -653 | -1,091 | -1,804 | -2,722 | -1,687 |
| Dividends paid | -768 | -472 | -360 | -303 | -210 |
| Share repurchases | — | — | — | 0.0 | -6.5 |
| Debt issued | 800 | 62.8 | 372 | 0.3 | 448 |
| Debt repaid | -230 | -9.2 | -5.7 | -258 | — |
| Net change in cash | — | — | — | — | -220 |
| Free cash flow | 367 | 471 | 2,325 | 2,742 | 864 |
| Levered free cash flow | -1,682 | 197 | 1,640 | 1,765 | 452 |