Tourmaline Oil revenue and financials

TOU · TSX · CAD

$62.91−0.13%−$0.08

Close · October 6, 2026

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%.

Annual revenue · 2025: $4.59B
  1. $4.77B2021
  2. $7.1B2022
  3. $4.84B2023
  4. $4.35B2024
  5. $4.59B2025

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets22,84123,06022,62223,74423,36222,40922,31220,24619,88520,02420,09717,789
Current assets1,3961,6641,9771,0921,0911,1361,3531,1641,0941,1521,2951,265
Cash and equivalents———————————70.0
Receivables752751802735661786832672621635731672
Net property, plant and equipment20,35620,04419,79221,52621,16220,32619,85417,79117,52817,56417,47215,239
Long-term investments309330332406415420428577587596608616
Current liabilities1,9491,8962,3972,2941,5091,7031,5201,1509821,2861,5941,426
Accounts payable1,1121,2581,3321,3651,0751,4971,3051,0378401,1451,076913
Long-term debt6979481,0539381,2701,1921,2731,3981,4121,3211,100449
Total debt1,3181,1391,891—1,6011,222——————
Total liabilities6,8547,1007,1857,3696,8806,9156,7686,1195,8446,0076,0824,745
Total equity (incl. minority)15,98715,96115,43616,37516,48215,49415,54414,12714,04014,01714,01613,043
Retained earnings4,7154,7254,2615,2075,3455,1555,2615,1705,1145,1465,1824,921