Tourmaline Oil Q2 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

• Quarter: Q2 2024
• Date: 7/31/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Tourmaline Oil (OTCMKTS:TRMLF) is a Canadian energy company engaged principally in the exploration, development and production of natural gas, natural gas liquids (NGLs) and oil. The company focuses on upstream activities across multiple resource plays, targeting conventional and unconventional reservoirs with the aim of delivering stable production and reserves growth. In addition to well drilling and completion, Tourmaline develops associated surface facilities and infrastructure needed to gather, process and market its production.

Production from Tourmaline is weighted toward natural gas and associated liquids, and the company emphasizes operational efficiency and capital discipline in its development programs. Tourmaline has invested in midstream and processing capacity to capture more value along the supply chain, including gas processing, compression and transportation arrangements that enable it to connect product to domestic and export markets. Its asset base and technical capabilities support a program of infill development, facility optimization and targeted exploration to sustain and grow volumes over time.

Headquartered in Calgary, Alberta, Tourmaline’s activities are concentrated in the Western Canadian Sedimentary Basin, with operations across provinces such as Alberta, British Columbia and Saskatchewan. The company serves North American gas markets and participates in both domestic and export supply channels. Tourmaline is widely followed by investors and is listed on Canadian and U.S. markets, including an over‑the‑counter quotation under the symbol TRMLF.