Tourmaline Oil Past Earnings Performance

Past criteria checks 5/6

Tourmaline Oil has been growing earnings at an average annual rate of 26.8%, while the Oil and Gas industry saw earnings growing at 37.8% annually. Revenues have been growing at an average rate of 21% per year. Tourmaline Oil's return on equity is 11%, and it has net margins of 34.7%.

Key information

26.8%

Earnings growth rate

24.2%

EPS growth rate

Oil and Gas Industry Growth	42.1%
Revenue growth rate	21.0%
Return on equity	11.0%
Net Margin	34.7%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Nov 13

Recent updates

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 44% Undervalued

Nov 14

Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly

Oct 06

A Look At The Fair Value Of Tourmaline Oil Corp. (TSE:TOU)

Aug 09

Tourmaline Oil Corp. (TSE:TOU) Analysts Just Slashed This Year's Estimates

May 05

If EPS Growth Is Important To You, Tourmaline Oil (TSE:TOU) Presents An Opportunity

Apr 24

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Mar 26

Tourmaline Oil Corp.'s (TSE:TOU) Intrinsic Value Is Potentially 42% Above Its Share Price

Jan 30

With EPS Growth And More, Tourmaline Oil (TSE:TOU) Makes An Interesting Case

Jan 16

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Dec 18

Revenue & Expenses Breakdown

How Tourmaline Oil makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:TOU Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	4,481	1,557	207
30 Jun 24	4,802	1,476	200
31 Mar 24	4,837	1,730	190
31 Dec 23	4,840	1,736	179
30 Sep 23	5,264	1,005	176
30 Jun 23	5,475	2,829	161
31 Mar 23	6,732	4,061	145
31 Dec 22	7,098	4,487	132
30 Sep 22	6,992	5,514	120
30 Jun 22	6,822	3,777	118
31 Mar 22	5,507	2,454	110
31 Dec 21	4,765	2,026	104
30 Sep 21	3,886	1,659	95
30 Jun 21	3,208	1,303	85
31 Mar 21	2,658	902	81
31 Dec 20	2,224	618	74
30 Sep 20	2,129	50	73
30 Jun 20	1,919	61	72
31 Mar 20	1,820	196	69
31 Dec 19	1,836	320	66
30 Sep 19	1,652	449	64
30 Jun 19	1,706	489	65
31 Mar 19	1,752	360	66
31 Dec 18	1,688	401	66
30 Sep 18	1,717	299	65
30 Jun 18	1,619	294	62
31 Mar 18	1,680	377	60
31 Dec 17	1,616	347	60
30 Sep 17	1,569	318	57
30 Jun 17	1,543	292	55
31 Mar 17	1,297	106	54
31 Dec 16	1,102	-32	53
30 Sep 16	1,003	-57	53
30 Jun 16	986	-53	55
31 Mar 16	1,046	20	55
31 Dec 15	1,056	80	56
30 Sep 15	1,066	311	59
30 Jun 15	1,101	350	57
31 Mar 15	1,169	421	56
31 Dec 14	1,277	489	54
30 Sep 14	1,201	280	50
30 Jun 14	1,058	222	47
31 Mar 14	898	186	43
31 Dec 13	708	148	40

Quality Earnings: TOU has high quality earnings.

Growing Profit Margin: TOU's current net profit margins (34.7%) are higher than last year (19.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TOU's earnings have grown significantly by 26.8% per year over the past 5 years.

Accelerating Growth: TOU's earnings growth over the past year (54.9%) exceeds its 5-year average (26.8% per year).

Earnings vs Industry: TOU earnings growth over the past year (54.9%) exceeded the Oil and Gas industry -31.2%.

Tourmaline Oil Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Tourmaline Oil Corp. to Report Q1, 2024 Results on May 01, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Third quarter 2023 earnings released: EPS: CA$0.81 (vs CA$6.23 in 3Q 2022)

Recent updates

Tourmaline Oil's (TSE:TOU) Profits Appear To Have Quality Issues

Tourmaline Oil Corp. Appoints Travis Toews to the Board of Directors

Insider recently sold CA$4.4m worth of stock

Tourmaline Oil Corp. (TSX:TOU) completed the acquisition of Crew Energy Inc. (TSX:CR) from Equinox Partners LP, a fund managed by Equinox Partners Investment Management LLC and others.

Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly

Upcoming dividend of CA$0.33 per share

Tourmaline Oil Corp. Declares Quarterly Dividend, Payable on September 27, 2024

Tourmaline Oil (TSE:TOU) Has Announced A Dividend Of CA$0.33

Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.33

Tourmaline Oil Corp. (TSX:TOU) entered into an agreement to acquire Crew Energy Inc. (TSX:CR) from Equinox Partners LP, a fund managed by Equinox Partners Investment Management LLC and others for CAD 1.1 billion.

Dividend of CA$0.33 announced

Dividend of CA$0.50 announced

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Tourmaline Oil Corp. Provides Production Guidance for the Third Quarter 2024 and Revised Production Guidance for the Full Year 2024

Tourmaline Oil's (TSE:TOU) Dividend Will Be CA$0.32

Upcoming dividend of CA$0.32 per share

Tourmaline Oil Corp. Declares Quarterly Cash Dividend, Payable on June 28, 2024

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

Tourmaline Oil (TSE:TOU) Is Due To Pay A Dividend Of CA$0.32

Tourmaline Oil Corp. announced that it expects to receive CAD 250 million in funding

Dividend of CA$0.32 announced

Chairman of the Board exercised options to buy CA$4.0m worth of stock.

Dividend of CA$0.50 announced

Tourmaline Oil Corp. to Report Q1, 2024 Results on May 01, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Tourmaline Oil Corp. Approves an Increase to the Quarterly Base Dividend Effective Second Quarter 2024, Payable on June 28, 2024

Tourmaline Oil Corp., Annual General Meeting, Jun 05, 2024

Consensus EPS estimates fall by 15%

Dividend of CA$0.50 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Tourmaline Oil Corp. Declares Quarterly Base Dividend on Its Common Share Dividend, Payable on March 28, 2024

Estimating The Intrinsic Value Of Tourmaline Oil Corp. (TSE:TOU)

Chairman of the Board exercised options to buy CA$1.8m worth of stock.

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Tourmaline Oil Corp.'s (TSE:TOU) Share Price Matching Investor Opinion

Upcoming dividend of CA$0.28 per share at 11% yield

Tourmaline Oil Corp Declares Quarterly Cash Dividend, Payable on December 29, 2023

New minor risk - Shareholder dilution

Chairman of the Board exercised options to buy CA$2.0m worth of stock.

Tourmaline Oil Corp. (TSX:TOU) completed the acquisition of Bonavista Energy Corporation.

An Intrinsic Calculation For Tourmaline Oil Corp. (TSE:TOU) Suggests It's 44% Undervalued

Consensus EPS estimates fall by 18%

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: CA$0.81 (vs CA$6.23 in 3Q 2022)

Tourmaline Oil Corp. to Report Q3, 2023 Results on Nov 01, 2023

Tourmaline Oil Corp. Declares Fourth Quarter 2023 Special Dividend, Payable on November 1, 2023

Tourmaline Oil (TSE:TOU) Seems To Use Debt Quite Sensibly

Tourmaline Oil Corp. Declares A Quarterly Cash Dividend, Payable on September 29, 2023

Now 21% undervalued

A Look At The Fair Value Of Tourmaline Oil Corp. (TSE:TOU)

Second quarter 2023 earnings released: EPS: CA$1.51 (vs CA$5.20 in 2Q 2022)

Tourmaline Oil Corp. Declares a Quarterly Cash Dividend, Payable on June 30, 2023

Tourmaline Oil Corp. Provides an Update on Operations Impacted by Alberta Wildfires

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Tourmaline Oil Corp. (TSE:TOU) Analysts Just Slashed This Year's Estimates

Consensus revenue estimates fall by 18%

Tourmaline Oil Corp. Elects to Increase the Quarterly Base Dividend Effective Second Quarter of 2023

Tourmaline Oil Corp. Declares to Pay Special Dividend, Payable on May 19, 2023

Consensus EPS estimates fall by 13%

If EPS Growth Is Important To You, Tourmaline Oil (TSE:TOU) Presents An Opportunity

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 18%

Is Tourmaline Oil (TSE:TOU) Using Too Much Debt?

Upcoming dividend of CA$0.25 per share at 13% yield

Chairman of the Board recently bought CA$293k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Tourmaline Oil Corp.'s (TSE:TOU) Intrinsic Value Is Potentially 42% Above Its Share Price