Tourmaline Oil Past Earnings Performance

Past criteria checks 2/6

Tourmaline Oil has been growing earnings at an average annual rate of 38.6%, while the Oil and Gas industry saw earnings growing at 28.6% annually. Revenues have been growing at an average rate of 27.5% per year. Tourmaline Oil's return on equity is 12.3%, and it has net margins of 35.8%.

Key information

38.6%

Earnings growth rate

35.6%

EPS growth rate

Oil and Gas Industry Growth27.8%
Revenue growth rate27.5%
Return on equity12.3%
Net Margin35.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

BMV:TOU N Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 244,8371,7301900
31 Dec 234,8401,7361790
30 Sep 235,2641,0051760
30 Jun 235,4752,8291610
31 Mar 236,7324,0611450
31 Dec 227,0984,4871320
30 Sep 226,9925,5141200
30 Jun 226,8223,7771180
31 Mar 225,5072,4541100
31 Dec 214,7652,0261040
30 Sep 213,8861,659950
30 Jun 213,2081,303850
31 Mar 212,658902810
31 Dec 202,224618740
30 Sep 202,12950730
30 Jun 201,91961720
31 Mar 201,820196690
31 Dec 191,836320660
30 Sep 191,652449640
30 Jun 191,706489650
31 Mar 191,752360660
31 Dec 181,688401660
30 Sep 181,717299650
30 Jun 181,619294620
31 Mar 181,680377600
31 Dec 171,616347600
30 Sep 171,569318570
30 Jun 171,543292550
31 Mar 171,297106540
31 Dec 161,102-32530
30 Sep 161,003-57530
30 Jun 16986-53550
31 Mar 161,04620550
31 Dec 151,05680560
30 Sep 151,066311590
30 Jun 151,101350570
31 Mar 151,169421560
31 Dec 141,277489540
30 Sep 141,201280500
30 Jun 141,058222470
31 Mar 14898186430
31 Dec 13708148400
30 Sep 13625108360
30 Jun 1356694330

Quality Earnings: TOU N has high quality earnings.

Growing Profit Margin: TOU N's current net profit margins (35.8%) are lower than last year (60.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TOU N's earnings have grown significantly by 38.6% per year over the past 5 years.

Accelerating Growth: TOU N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TOU N had negative earnings growth (-57.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-36.9%).


Return on Equity

High ROE: TOU N's Return on Equity (12.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/05 02:16
End of Day Share Price 2024/03/08 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tourmaline Oil Corp. is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Patrick O'RourkeATB Capital Markets
Anthony LintonBarclays