NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

TSX · Oil & Gas E&P · CAD

Tourmaline Oil Corp. (TOU.TO) Stock Analysis

Tourmaline Oil Corp. (TOU.TO) is a Oil & Gas E&P stock listed on TSX and quoted in Canadian Dollar.

TOU.TO

CA$62.79

−CA$0.50 (−0.79%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare TOU.TO with… →

TOU.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$63.04
Previous Close
CA$63.29
Day's Range
62.36–63.38
52-Week Range
57.61–70.57
Volume
1.19M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.24
Valuation
Market Cap
CA$24.40B
P/E Ratio
68.25
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.47
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.30
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.08
EPS (ttm)Profit attributable to each share over the last twelve months.
0.92
Financials (FY)
Revenue (FY)
CA$6.30B+11.56%
Net Income (FY)
CA$262.67M−79.22%
Profit marginThe share of revenue left as profit after all costs and taxes.
7.85%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
388.60M
1-Year Return
+11.02%
Dividend and dates
Dividend
CA$2.00+3.16%
Ex-Dividend Date
September 15, 2026
Earnings Date
November 4, 2026
Avg Volume
2.57M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

TOU.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+3.57%
2025−2.47%
2024+17.80%
2023−3.54%
2022+88.19%
2021+147.05%
2020+17.24%
2019−7.69%
2018−24.08%
2017−36.56%
2016 (partial year)+2.98%

As of September 4, 2026.

TOU.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$6.30BCA$262.67M4.2%
2024CA$5.65BCA$1.26B22.4%
2023CA$6.24BCA$1.74B27.8%
2022CA$8.68BCA$4.49B51.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$6.30BCA$2.67BCA$38.10MCA$262.67M4.2%
2024CA$5.65BCA$3.52BCA$1.17BCA$1.26B22.4%
2023CA$6.24BCA$4.27BCA$2.21BCA$1.74B27.8%
2022CA$8.68BCA$6.33BCA$4.50BCA$4.49B51.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TOU.TO Dividend History

CA$3.30−0.6% vs 2024

Dividends per share, 2025 · 8 payments

YearDividends per sharePaymentsChange
2026*CA$1.002—
2025CA$3.308−0.6%
2024CA$3.328−49.3%
2023CA$6.558−17.1%
YearDividends per sharePaymentsChange
2026 (partial year)CA$1.002—
2025CA$3.308−0.6%
2024CA$3.328−49.3%
2023CA$6.558−17.1%
2022CA$7.908+456.3%
2021CA$1.425+184.0%
2020CA$0.504+8.7%
2019CA$0.464+24.3%
2018CA$0.374—

Most recent payment: CA$0.50 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

TOU.TO Valuation vs Oil & Gas E&P Median

Median of 122 stocks
MetricTOU.TOOil & Gas E&P medianvs median
P/E68.2515.004.5x the median
P/S ratio5.082.33118% above
Profit margin7.85%11.54%3.7 pts below

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Tourmaline Oil Corp. (TOU.TO) at CA$24.40B. The company sits in the Energy sector, in the Oil & Gas E&P industry. Headcount on file is 544.

Over the past 52 weeks the price has ranged from CA$57.61 to CA$70.57. TOU.TO last closed at CA$62.79 on September 4, 2026. That is −CA$0.50 (−0.79%) against the previous close. The latest close sits 8.99% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$6.30B. That is +11.56% against the prior fiscal year, when revenue was CA$5.65B. Net income for the same year was CA$262.67M. That is −79.22% against the prior fiscal year. Profit margin runs at 7.85%. That is 3.7 percentage points below the Oil & Gas E&P median of 11.54%. Trailing earnings per share are 0.92.

Across the 4 fiscal years on file, revenue moves from CA$8.68B in 2022 to CA$6.30B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

TOU.TO trades at a trailing price-to-earnings ratio of 68.25. That is 4.6 times the Oil & Gas E&P median of 15. The forward P/E on file is 12.47. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.3. The price-to-sales ratio is 5.08. On price-to-sales that is 117.97% above the Oil & Gas E&P median of 2.33. 122 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +11.02%. Across 10 years the annualized return works out at +10.48%. The reported beta is 0.25. Daily returns over the trailing 10 years annualize to a volatility of 35.45%.

Growth & Income

The trailing dividend yield is 3.16%. That is 0.3 percentage points below the Oil & Gas E&P median yield of 3.49%. At the indicated rate that is CA$2.00 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 9 calendar years; 2026 shows 2 payments totalling CA$1.00 a share. The year before, 2025, totalled CA$3.30 a share.

The strongest complete calendar year on file is 2021 at +147.05%; the weakest is 2017 at −36.56%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the price is +3.57%.

Peer Comparison

Tourmaline Oil Corp. (TOU.TO) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Tourmaline Oil Corp. TOU.TO CA$24.40B 68.3
ConocoPhillips COP CA$161.29B 17.9
Canadian Natural Resources Limited CNQ CA$104.02B 12.5
EOG Resources, Inc. EOG CA$76.16B 11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Tourmaline Oil Corp. trades at a P/E of 68.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Oil & Gas E&P Stocks

COP

ConocoPhillips

$161.29B

 CNQ

Canadian Natural Resources Limited

$104.02B

 EOG

EOG Resources, Inc.

$76.16B

 OXY

Occidental Petroleum Corporation

$60.02B

 FANG

Diamondback Energy, Inc.

$55.79B

 DVN

Devon Energy Corporation

$52.87B
View all Oil & Gas E&P stocks →

Popular Energy Stocks

XOM

ExxonMobil Holdings Corporation

$655.73B

 CVX

Chevron Corporation

$409.19B

 SHEL

Shell plc

$265.91B

 TTE

TotalEnergies SE

$196.02B

 PBR

Petróleo Brasileiro S.A. - Petrobras

$129.66B
View all Energy stocks →

About Tourmaline Oil Corp.

Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. Tourmaline Oil Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.

Visit website →