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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 644 | 943 | 700 | 854 | 745 | 1,088 | 666 | 727 | 696 | 641 | 1,013 | 883 |
| Depreciation and amortization | 419 | 445 | 480 | 470 | 430 | 430 | 416 | 391 | 382 | 395 | 377 | 316 |
| Capital expenditure | -594 | -662 | -829 | -859 | -506 | -826 | -761 | -592 | -345 | -562 | -636 | -565 |
| Investing cash flow | -635 | -34.3 | -524 | -692 | -803 | -714 | -124 | -416 | -515 | -584 | -1,196 | -319 |
| Financing cash flow | -8.6 | -908 | -176 | -161 | 58.2 | -374 | -543 | -311 | -181 | -56.4 | 113 | -540 |
| Dividends paid | -194 | -194 | -193 | -193 | -325 | -187 | -131 | -123 | -113 | -105 | -98.3 | -88.5 |
| Debt issued | 175 | 249 | 0.0 | 500 | 380 | 0.1 | -235 | — | 249 | 221 | 371 | 0.1 |
| Debt repaid | -3.3 | -1,003 | 112 | -336 | -2.9 | -84.1 | -2.9 | -15.7 | -161 | -2.0 | 169 | -140 |
| Net change in cash | — | — | — | — | — | — | — | — | — | — | -70.0 | 23.5 |
| Free cash flow | 49.8 | 281 | -129 | -5.4 | 239 | 262 | -94.9 | 136 | 351 | 78.9 | 377 | 317 |
| Levered free cash flow | -118 | 800 | -1,776 | 63.8 | -152 | 183 | 128 | 186 | 17.3 | -134 | 294 | 440 |