Tourmaline Oil (TRMLF) Expected to Announce Quarterly Earnings on Wednesday

Posted by James Conley on Feb 26th, 2025

Tourmaline Oil (OTCMKTS:TRMLF – Get Free Report) will likely be issuing its quarterly earnings data on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $1.59 billion for the quarter.

Tourmaline Oil Stock Performance

Shares of OTCMKTS TRMLF opened at $47.19 on Wednesday. The stock has a fifty day moving average price of $46.62 and a two-hundred day moving average price of $45.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $17.63 billion, a P/E ratio of 14.56, a PEG ratio of 0.83 and a beta of -0.56. Tourmaline Oil has a 1 year low of $36.93 and a 1 year high of $51.15.

Tourmaline Oil Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.2486 per share. This represents a yield of 2.24%. The ex-dividend date was Monday, December 16th. Tourmaline Oil’s payout ratio is currently 30.25%.

About Tourmaline Oil

(Get Free Report)

Tourmaline Oil Corp. explores for and develops oil 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.