Revenue distribution by sectors:

• Natural gas: approx. 70%
• Crude oil and liquefied gas: approx. 30%

TOP 3 markets:

1. Canada: approx. 60%
2. USA: approx. 25%
3. Asia (via LNG exports): approx. 15%

Tourmaline Oil Corp. generates the majority of its revenue from the sale of natural gas, followed by crude oil and liquefied gas. The Canadian market is the dominant sales market, followed by the USA. Through the export of liquefied natural gas (LNG), the company also has a significant share in the Asian market, which has been steadily growing in recent years.

Production Sites:

• Alberta, Canada
• British Columbia, Canada

Tourmaline Oil Corp. is a leading Canadian oil and gas company that operates primarily in the western provinces of Alberta and British Columbia. The company focuses on the exploration and production of natural gas and oil in these regions, which are known for their abundant natural resources. Alberta and British Columbia offer well-developed infrastructure and favorable conditions for energy production, enabling Tourmaline to operate efficiently and achieve its production goals.

Production Growth: 5-7% annually (forecast 2025-2030)
Investments in Renewable Energies: 500 million CAD by 2030

Tourmaline Oil Corp. pursues a growth strategy based on a combination of organic production growth and strategic investments in renewable energies. The company plans to increase its natural gas production by 5-7% annually by using existing resources more efficiently and developing new drilling projects in promising areas.

In addition, Tourmaline is investing in renewable energies to reduce its dependence on fossil fuels and adapt to global decarbonization trends. Investments totaling 500 million CAD by 2030 are planned for projects involving wind and solar energy utilization as well as carbon capture technologies.

This strategy aims to position the company for future success in both the traditional oil and gas industry and the renewable energy sector.

Imported raw materials/materials: Oil and gas drilling equipment, chemicals for fracturing

Countries of origin: USA, China, Germany

Tourmaline Oil Corp. is a leading Canadian company in the field of oil and gas production. The company mainly imports specialized equipment and chemicals necessary for the exploration and production of oil and gas. The USA is a significant supplier of technologically advanced drilling rigs and fracturing equipment. China often provides more cost-effective components and materials, while Germany is known for high-quality machinery and equipment.

Tourmaline Oil Corp.'s import strategy is focused on maximizing the efficiency and effectiveness of their production processes by relying on a mix of cost-effective and high-quality materials.

Market share in Canada: 10% (estimated, 2025)
Production growth: 8% (2024)
Cost structure: 5% below industry average (2025)

Tourmaline Oil Corp. has established itself as one of the leading natural gas producers in Canada and holds a significant market share. The company benefits from an efficient cost structure, which is approximately 5% below the industry average, giving it a substantial competitive advantage.

The production growth of 8% in 2024 demonstrates the company's ability to continuously expand its capacities and respond to market changes. These factors, combined with strategic investments in infrastructure and technology, significantly strengthen Tourmaline Oil Corp.'s competitive position.

Furthermore, diversification into different regions and a focus on sustainable practices contribute to the stability and attractiveness of the company to investors. The competitive advantage of Tourmaline Oil Corp. is further solidified by these strategic measures.

Institutional Investor Share: 70% (estimated for 2025)
Insider Buys/Sells: No significant changes reported (last year)

The institutional investor share in Tourmaline Oil Corp. is estimated to be around 70%. This high participation indicates a strong confidence of institutional investors in the company's long-term performance.

Regarding insider buys and sells, no significant changes were reported in the last year. This could suggest that the management and other insiders are satisfied with the current strategic direction and business outlook of the company.

Market share of Tourmaline Oil Corp.: Estimate 5-7% (2025)

Top competitors and market shares:

1. Canadian Natural Resources Limited (TSX:CNQ): Estimate 15-18%
2. Suncor Energy Inc. (TSX:SU): Estimate 12-15%
3. Imperial Oil Limited (TSX:IMO): Estimate 10-12%
4. Cenovus Energy Inc. (TSX:CVE): Estimate 8-10%
5. Tourmaline Oil Corp. (TSX:TOU): Estimate 5-7%
6. Husky Energy Inc. (TSX:HSE): Estimate 4-6%
7. Pembina Pipeline Corporation (TSX:PPL): Estimate 3-5%

Moat of Tourmaline Oil Corp.:

In recent years, Tourmaline Oil Corp. has established itself as one of the leading producers of natural gas in Canada. The company's moat lies in its efficient cost structure and strategic positioning in lucrative gas fields. This enables Tourmaline to remain profitable even at low commodity prices.

Compared to its competitors, Tourmaline has an advantage due to its focus on natural gas, while many other companies are more heavily reliant on oil. This can be advantageous during times of volatility in the oil market.

However, some of the larger competitors like Canadian Natural Resources and Suncor Energy have diversified portfolios and greater financial resources, giving them a broader moat in terms of risk diversification and investment power. These companies also have a stronger international presence, providing them with additional stability and growth opportunities.

Overall, Tourmaline has a solid but specific moat that focuses on efficiency and specialization, while some competitors excel through diversification and size.

Revenue Growth: 18% (2024)
Profit Growth: 20% (2024)
Debt Ratio: 25% (2024)

Tourmaline Oil Corp. experienced strong revenue and profit growth in 2024, driven by increased production and efficiency improvements. The company expanded its production capacities and benefited from rising commodity prices, which had a positive impact on its financial position.

The debt ratio of 25% indicates solid financial stability, allowing Tourmaline to invest in future projects without taking on excessive financial risks. This is particularly important in the volatile oil and gas industry, where flexibility and financial health are crucial.

Additionally, the company has invested in sustainable and environmentally friendly technologies to remain competitive in the long term and minimize regulatory risks. These strategic investments could further increase growth potential and strengthen market position.

Overall, Tourmaline Oil Corp.'s financial metrics and strategic direction support a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 4.2% (2025, estimated)
Dividend History: Regular payouts for several years

Tourmaline Oil Corp. has pursued a stable dividend policy in recent years. The company regularly pays out dividends, indicating a solid financial foundation and consistent cash flow.

The dividend yield of approximately 4.2% in 2025 shows that Tourmaline continues to strive to provide its shareholders with an attractive return. The reliability of the payout is supported by strong operational performance and strategic positioning in the energy sector.

Overall, Tourmaline Oil Corp.'s dividend policy is considered reliable, with the company having been able to maintain dividends even in volatile market phases in the past.