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OTCMKTS:TRMLF

Tourmaline Oil 11/6/2024 Earnings Results & Report

Tourmaline Oil logo
$45.87 +0.69 (+1.53%)
As of 03:58 PM Eastern

Tourmaline Oil missed analyst expectations on both earnings and revenue in results released November 6, 2024. The company reported EPS of $0.73 versus the $0.91 consensus estimate, while revenue of $1.07 billion fell short of the $1.18 billion estimate by $109.36 million.

Earnings Announcement Details

Report Date
Time
After Market Closes

Tourmaline Oil EPS Results

Actual EPS
$0.73
Consensus EPS
$0.91
Beat/Miss
Missed by -$0.18
One Year Ago EPS
N/A
EPS Beat Rate
3 of last 7 quarters

Tourmaline Oil Revenue Results

Actual Revenue
$1.07 billion
Expected Revenue
$1.18 billion
Beat/Miss
Missed by -$109.36 million
YoY Revenue Growth
N/A

Upcoming Earnings

Tourmaline Oil's next earnings date is estimated for Wednesday, November 4, 2026, based on past reporting schedules.

Conference Call Resources

Tourmaline Oil Earnings FAQ

Tourmaline Oil (OTCMKTS:TRMLF) reported earnings of $0.73 per share for the quarter, missing the consensus estimate of $0.91. The report was announced on Wednesday, November 6, 2024.

Tourmaline Oil reported revenue of $1.07 billion for the quarter, against a consensus estimate of $1.18 billion.

Tourmaline Oil's next earnings date is estimated for Wednesday, November 4, 2026. MarketBeat tracks confirmed and estimated earnings dates for Tourmaline Oil on the company's earnings history page.

Tourmaline Oil Earnings Headlines

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About Tourmaline Oil

Tourmaline Oil (OTCMKTS:TRMLF) is a Canadian natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on the acquisition, development and operation of long-life, resource-rich properties in the Western Canadian Sedimentary Basin.

Tourmaline’s operations are concentrated in three core areas: the Alberta Deep Basin, northeast British Columbia and the Peace River region of Alberta. Its production portfolio includes natural gas, natural gas liquids, condensate and crude oil, supported by related gathering, processing, transportation and marketing infrastructure.

The company was established in 2008 and has grown through exploration, development and strategic acquisitions. Tourmaline is led by co-founder Michael Rose, who serves as president and chief executive officer. Its Canadian operations primarily serve domestic and North American energy markets.

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