About (TOU) Tourmaline Oil Corp.

Company Background

Tourmaline Oil Corp., symbol TOU on the Toronto Stock Exchange (TSX), is one of Canada’s largest and most successful natural gas and oil producers. Founded in 2008 and headquartered in Calgary, Alberta, Tourmaline has established itself as a leading exploration and production company with a focus on low-cost, high-efficiency operations. The company’s core assets are located in the Western Canadian Sedimentary Basin, including the Alberta Deep Basin, the Peace River High Triassic oil complex, and the Montney gas region. Through disciplined management, advanced technology, and a focus on sustainability, Tourmaline has achieved significant growth while maintaining strong environmental stewardship and community engagement.

Market Position

Tourmaline Oil Corp. holds a dominant position as Canada’s largest natural gas producer and one of the top independent energy companies in North America. Its strategic advantage lies in its vast, high-quality reserves and vertically integrated operations that optimize efficiency and profitability. The company’s low operating costs, robust infrastructure, and strong balance sheet enable it to generate sustainable returns even in volatile commodity price environments. Tourmaline’s commitment to innovation and its use of advanced drilling and completion technologies have positioned it as a key player in the North American energy transition, supplying clean-burning natural gas to meet growing domestic and international demand. The company’s partnerships in liquefied natural gas (LNG) projects further expand its market reach into global energy markets.

Key Financial and Industry Highlights

Tourmaline demonstrates exceptional financial performance, driven by strong production growth, disciplined capital allocation, and industry-leading cost efficiency. The company consistently delivers robust free cash flow, allowing for regular dividend increases, special shareholder distributions, and strategic reinvestment in its operations. Tourmaline’s commitment to maintaining a conservative balance sheet and prudent hedging strategies provides stability and resilience amid market fluctuations.

As an industry leader in environmental performance, Tourmaline continues to reduce its carbon intensity through technological innovation, emissions reduction initiatives, and investments in renewable energy integration. With a strong asset base, scalable infrastructure, and a focus on sustainable growth, Tourmaline Oil Corp. remains well-positioned to capitalize on the global shift toward cleaner energy while delivering long-term value to its shareholders and stakeholders.