Tourmaline Oil Corp.

Toronto Stock Exchange:TOU.TO

Sector

⚡️ Energy

Industries

⛽ Oil & Gas

🛠 Drilling

🤔 Fracking

🛢 Offshore Drilling

🛢 Oil Sands

Location

Canada

Market Cap

USD 17.99 B

Share Price

USD 48.03

Avg Daily Volume

2,689,398

Change (1 day)

1.06%

Change (1 year)

5.80%

Change (YTD)

3.91%

Tourmaline Oil Corp. Debt to Equity Ratio for the year ending December 31, 2024

Tourmaline Oil Corp. Debt to Equity Ratio is NA for the year ending December 31, 2024. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Tourmaline Oil Corp. Debt to Equity Ratio for the year ending December 31, 2023 was 0.08, a 74.82% change year over year.
Tourmaline Oil Corp. Debt to Equity Ratio for the year ending December 31, 2022 was 0.05, a -39.41% change year over year.
Tourmaline Oil Corp. Debt to Equity Ratio for the year ending December 31, 2021 was 0.08, a -65.80% change year over year.
Tourmaline Oil Corp. Debt to Equity Ratio for the year ending December 31, 2020 was 0.22, a 5.97% change year over year.

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Key data

Date	Debt to Equity Ratio	Quick Ratio	Current Ratio	Interest Coverage Ratio

Toronto Stock Exchange: TOU.TO

Tourmaline Oil Corp.

CEO	Mr. Michael L. Rose P.Geol
IPO Date	Nov. 23, 2010
Location	Canada
Headquarters	250-6th Avenue SW
Employees	458
Sector	⚡️ Energy
Industries Oil & Gas 🛠 Drilling 🤔 Fracking 🛢 Offshore Drilling 🛢 Oil Sands

Description

Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.