The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

TOU.TO

Concerning the House

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.

Canada · www.tourmalineoil.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$1.81B$1.43B$1.66B$1.78B
Gross profit$1.20B$891.56M-$204.22M$1.08B
Operating income$511.40M$246.29M-$861.32M$403.46M
Net income$212.68M$514.59M-$655.00M$657.56M
Diluted EPS0.561.351.69
Free cash flow$262.27M$239.09M-$128.68M$280.64M
CapEx-$826.04M-$505.96M-$828.79M-$661.99M
Quotation

$59.47

-0.03 (-0.1%)

52w hi$68.97
52w lo$54.85
Vol1.45M
As ofAug 13
The Verdict

Hold

Our score -0.22

Short-0.17
Medium-0.11
Long-0.53

computed 2026-08-13

By the Numbers

Tourmaline Oil Corp.

Energy · Oil & Gas E&P

Market cap$23.11B
Enterprise value
Trailing P/E64.64x
Forward P/E11.81x
EV / EBITDA
P / S (ttm)4.81x
Profit margin7.9%
Return on equity2.3%
Revenue growth+14.9%
Earnings growth-65.2%
Debt / equity8.24
Risk Metrics
Beta vs SPX0.27
Corr SPX0.17
Annual vol26.9%
Annual ret+3.2%
Sharpe0.12
Max DD-20.3%

Window: 504 trading days (493 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.11
Sector+0.13
Technical-0.10
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$59.14$59.70$59.08$59.471.45M
Aug 12$59.86$60.03$59.49$59.501.71M
Aug 11$60.00$60.74$59.91$59.931.92M
Aug 10$59.60$60.34$59.52$60.151.69M
Aug 7$59.36$59.59$59.01$59.151.49M