Business description: Tourmaline Oil Corp.

Tourmaline Oil Corp. is a Canadian senior oil and natural gas company. The Company is a natural gas producer focused on long-term growth through an active exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. Its operations include Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. Its target exploration and production area are in that portion of the Alberta Deep Basin where the entire lower Cretaceous stratigraphic section is gas saturated with no mobile formation water. Its Montney EP program has been focused on the Groundbirch/Sunrise/Dawson area of the Peace River Arch, as well as the Gundy CK area. Its third core area is the Company’s exploration and production complex at Spirit River-Mulligan-Earring, Alberta. Its production in the complex is derived from oil and natural gas-charged reservoirs of the Triassic Charlie Lake and Montney formations, as well as the newly added Wapiti Cardium formation.

Number of employees: 544

Sales by Activity: Tourmaline Oil Corp.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Petroleum and Natural Gas Properties

4.77B 7.1B 4.84B 4.84B 4.59B

Geographical breakdown of sales: Tourmaline Oil Corp.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Canada

4.77B 7.1B 4.84B 4.84B 4.59B

Executive Committee: Tourmaline Oil Corp.

Manager TitleAgeSince
Chief Executive Officer 69 05/08/2008
Director of Finance/CFO 69 26/10/2008
Chief Operating Officer - 30/11/2023
General Counsel - 31/07/2008
General Counsel - 28/02/2021

Composition of the Board of Directors: Tourmaline Oil Corp.

Director TitleAgeSince
Chairman 69 05/08/2008
Director/Board Member 66 26/10/2008
Director/Board Member 69 26/10/2008
Director/Board Member 70 21/03/2011
Director/Board Member 66 21/03/2011
Director/Board Member 58 03/11/2015
Director/Board Member 74 06/06/2017
Director/Board Member 62 02/06/2020
Director/Board Member - 31/10/2023
Director/Board Member - 05/11/2024

Shareholders: Tourmaline Oil Corp.

NameStocks%Valuation
4.476 %
17,380,967 4.476 % 794 M $
Franklin ClearBridge Investment Management
0.3542 %
1,375,314 0.3542 % 63 M $
Manulife Investment Management Ltd.
0.3436 %
1,334,098 0.3436 % 61 M $
0.3323 %
1,290,433 0.3323 % 59 M $
Global X Investments Canada, Inc.
0.2334 %
906,366 0.2334 % 41 M $

Holdings: Tourmaline Oil Corp.

NameStocks%Valuation
23,529,49415.2% 542 M $

Company details: Tourmaline Oil Corp.

Tourmaline Oil Corp.

250-6th Avenue South West

T2P 3H7, Calgary

+403 266 5992

http://www.tourmalineoil.com
address Tourmaline Oil Corp.(TOU)

Other Oil & Gas Exploration and Production

Change 5-day change 1-year change 3-year change Capi.($)
-2.59%-0.20%-4.87%-7.70% 16.4B
+0.94%+4.12%+14.33%+4.49% 133B
-0.51%+4.27%+35.99%+58.89% 86.96B
+0.42%+2.54%+10.16%+15.83% 71.43B
+1.13%+8.14%+15.35%-9.90% 52.61B
+0.76%+6.60%+28.22%+36.77% 51.59B
+1.38%+5.96%+90.22%+61.73% 49.45B
+0.50%+4.35%+24.39%-14.15% 48.71B
-0.85%+4.23%+21.04%-14.56% 38.41B
-2.59%-7.15%-10.40%+21.25% 30.55B
Average -0.14%+3.36%+22.44%+15.27% 57.89B
Weighted average by Cap. +0.25%+3.98%+24.33%+18.23%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
59.71CAD
Average target price
70.78CAD
Spread / Average Target
+18.53%

Quarterly revenue - Rate of surprise

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