Tourmaline Oil Corp.

Tourmaline Oil Corp.verified

TRMLF

Price:

$48.35

Market Cap:

$25.11B

Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2011-04-06

Stock Exchange

PNK

Ticker

TRMLF

The Current Ratio as of November 2024 (TTM) for Tourmaline Oil Corp. (TRMLF) is 1.01

According to Tourmaline Oil Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of 5.54% compared to the average of 0.96 of the last 4 quarters.

Tourmaline Oil Corp. (TRMLF) Historical Current Ratio (quarterly & annually)

How has TRMLF Current Ratio performed in the past?

The mean historical Current Ratio of Tourmaline Oil Corp. over the last ten years is 0.78. The current 1.01 Current Ratio has changed 12.94% with respect to the historical average. Over the past ten years (40 quarters), TRMLF's Current Ratio was at its highest in in the December 2022 quarter at 1.56. The Current Ratio was at its lowest in in the September 2018 quarter at 0.36.

Quarterly (TTM)
Annual

Average

0.78

Median

0.65

Minimum

0.48

Maximum

1.56

Tourmaline Oil Corp. (TRMLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tourmaline Oil Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 138.24%

Maximum Annual Current Ratio = 1.56

Minimum Annual Increase = -48.02%

Minimum Annual Current Ratio = 0.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.81-48.02%
20221.56138.24%
20210.66-46.01%
20201.2286.83%
20190.6512.43%
20180.580.25%
20170.5818.47%
20160.491.14%
20150.48-33.98%
20140.7398.09%

Tourmaline Oil Corp. (TRMLF) Average Current Ratio

How has TRMLF Current Ratio performed in the past?

The current Current Ratio of Tourmaline Oil Corp. (TRMLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.01

5-year avg

0.98

10-year avg

0.78

Tourmaline Oil Corp. (TRMLF) Current Ratio vs. Peers

How is TRMLF’s Current Ratio compared to its peers?

Tourmaline Oil Corp.’s Current Ratio is greater than PrairieSky Royalty Ltd. (0.29), less than MEG Energy Corp. (0), less than Cardinal Energy Ltd. (1.55), greater than Crew Energy Inc. (0.50), greater than Pine Cliff Energy Ltd. (0.69), greater than Athabasca Oil Corporation (0.47), less than Headwater Exploration Inc. (2.54), less than Whitecap Resources Inc. (1.53), greater than ARC Resources Ltd. (0.88), greater than Surge Energy Inc. (0.93), greater than null (0.66),

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