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 revenue | 4,590 | 4,354 | 4,840 | 7,098 | 4,765 |
| Cost of revenue | 2,464 | 2,158 | 1,888 | 1,728 | 1,339 |
| Gross profit | 2,126 | 2,196 | 2,952 | 5,371 | 3,426 |
| Selling, general and administrative | 182 | 164 | 128 | 103 | 87.2 |
| Operating income | 79.6 | 1,589 | 2,027 | 5,874 | 1,735 |
| EBIT | 79.6 | 1,589 | 2,027 | 5,874 | 1,735 |
| EBITDA | 1,880 | 3,164 | 3,345 | 7,076 | 2,826 |
| Interest expense | 70.4 | 81.4 | 38.2 | 29.9 | 21.6 |
| Pre-tax income | 344 | 1,658 | 2,179 | 5,906 | 2,523 |
| Income tax | 81.2 | 394 | 443 | 1,419 | 494 |
| Net income | 263 | 1,264 | 1,736 | 4,487 | 2,026 |
| Net income to common shareholders | 263 | 1,264 | 1,736 | 4,487 | 2,026 |
| Basic EPS | 0.69 | 3.54 | 5.09 | 13.37 | 6.49 |
| Diluted EPS | 0.68 | 3.51 | 5.03 | 13.10 | 6.40 |
| Average shares (basic) | 382 | 357 | 341 | 336 | 312 |
| Average shares (diluted) | 384 | 360 | 345 | 343 | 317 |
| Dividend per share | 2.00 | 1.32 | 1.05 | 0.90 | 0.67 |