Tourmaline Oil 7/31/2024 Earnings Report

Tourmaline Oil EPS Results

• Actual EPS: $0.53
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Tourmaline Oil Revenue Results

• Actual Revenue: $954.74 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Tourmaline Oil Announcement Details

• Date: 7/31/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Tourmaline Oil (OTCMKTS:TRMLF) Corp is an independent oil and gas exploration and production company headquartered in Calgary, Alberta. Founded in 2008, the company focuses on the identification, acquisition and development of natural gas and natural gas liquids (NGL) reserves in Western Canada. Tourmaline’s operations are supported by a blend of horizontal drilling technology, multi-well pads and advanced completion techniques, enabling efficient resource extraction across its acreage positions.

The company’s core asset base spans the Montney and Christina Lake formations in British Columbia, as well as several key plays in Alberta such as the Deep Basin, Peace River Arch and Pembina Cardium. Tourmaline also manages a network of midstream infrastructure, including gas processing plants, pipelines and condensate stabilization facilities, to ensure reliable market access and product quality. Its integrated approach allows the company to optimize field development, reduce operating costs and capture value across the natural gas value chain.

Tourmaline’s management team is led by President and Chief Executive Officer Michael L. Rose, who has overseen the company’s growth from a junior explorer into one of Canada’s largest natural gas producers. Chief Financial Officer Bruce M. Campbell supports capital allocation and financial planning, while a board of directors with deep energy sector expertise provides governance and strategic oversight. Committed to operational excellence and environmental stewardship, Tourmaline pursues initiatives to reduce greenhouse gas emissions, recycle produced water and enhance safety performance across all its operations.