Tourmaline Historical Income Statement

TOU Stock

CAD 67.76 0.42 0.62%

Historical analysis of Tourmaline Oil income statement accounts such as Gross Profit of 4.5 B, Other Operating Expenses of 5 B, Operating Income of 2.4 B or Ebit of 5.5 B can show how well Tourmaline Oil Corp performed in making a profits. Evaluating Tourmaline Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tourmaline Oil's future profits or losses.

Cash Flow Balance Sheet Income Statement

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Tourmaline Oil Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tourmaline Oil Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tourmaline Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Tourmaline Income Statement Analysis

Tourmaline Oil Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tourmaline Oil shareholders. The income statement also shows Tourmaline investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tourmaline Oil Income Statement Chart

Tourmaline Oil Corp Income Statement is one of the three primary financial statements used for reporting Tourmaline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tourmaline Oil Corp revenue and expense. Tourmaline Oil Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Tourmaline Oil's EBIT is very stable compared to the past year. As of the 27th of April 2024, EBITDA is likely to grow to about 7 B, while Interest Expense is likely to drop about 31.4 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Tourmaline Oil Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tourmaline Oil Corp minus its cost of goods sold. It is profit before Tourmaline Oil operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tourmaline Oil Corp. It is also known as Tourmaline Oil overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Tourmaline Oil Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tourmaline Oil Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Tourmaline Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tourmaline Oil Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tourmaline Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Interest Expense	36.6M	29.9M	38.2M	31.4M
Depreciation And Amortization	742.2M	1.2B	1.4B	1.4B

Interest Expense Depreciation And Amortization

Tourmaline Oil income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.67	0.59	0.81	0.74	0.92	0.62	0.75	0.82	0.94	0.83	0.61	0.36	0.63	0.75	0.0	0.54	0.24	0.46	-0.17	0.08	0.82
Interest Expense	0.67		0.51	0.31	0.24	0.42	0.16	0.15	0.25	0.5	0.27	0.14	0.02	0.15	0.11	0.09	0.12	0.34	0.02	0.48	-0.48	0.26
Selling General Administrative	0.59	0.51		0.71	0.7	0.56	0.72	0.43	0.47	0.7	0.27	0.77	0.69	0.79	0.37	-0.14	0.79	0.24	0.71	0.17	0.19	0.48
Total Revenue	0.81	0.31	0.71		0.99	0.94	0.96	0.94	0.95	0.96	0.82	0.93	0.53	0.94	0.91	-0.14	0.89	-0.15	0.84	-0.41	0.43	0.8
Gross Profit	0.74	0.24	0.7	0.99		0.91	0.98	0.93	0.94	0.92	0.79	0.95	0.52	0.95	0.91	-0.16	0.91	-0.21	0.87	-0.43	0.46	0.77
Other Operating Expenses	0.92	0.42	0.56	0.94	0.91		0.81	0.94	0.97	0.97	0.94	0.77	0.36	0.78	0.93	-0.11	0.7	-0.03	0.64	-0.38	0.28	0.87
Operating Income	0.62	0.16	0.72	0.96	0.98	0.81		0.87	0.86	0.85	0.66	0.98	0.57	0.98	0.84	-0.15	0.95	-0.31	0.94	-0.45	0.55	0.66
Ebit	0.75	0.15	0.43	0.94	0.93	0.94	0.87		0.99	0.88	0.93	0.8	0.3	0.81	0.99	-0.15	0.74	-0.31	0.71	-0.56	0.44	0.78
Ebitda	0.82	0.25	0.47	0.95	0.94	0.97	0.86	0.99		0.93	0.95	0.8	0.32	0.81	0.98	-0.13	0.73	-0.22	0.69	-0.52	0.39	0.82
Cost Of Revenue	0.94	0.5	0.7	0.96	0.92	0.97	0.85	0.88	0.93		0.84	0.84	0.52	0.85	0.87	-0.06	0.78	0.04	0.72	-0.33	0.3	0.86
Total Operating Expenses	0.83	0.27	0.27	0.82	0.79	0.94	0.66	0.93	0.95	0.84		0.58	0.11	0.6	0.93	-0.13	0.49	-0.12	0.44	-0.45	0.23	0.81
Income Before Tax	0.61	0.14	0.77	0.93	0.95	0.77	0.98	0.8	0.8	0.84	0.58		0.72	1.0	0.78	-0.15	0.99	-0.19	0.97	-0.45	0.57	0.68
Total Other Income Expense Net	0.36	0.02	0.69	0.53	0.52	0.36	0.57	0.3	0.32	0.52	0.11	0.72		0.72	0.32	-0.08	0.76	0.3	0.75	-0.31	0.47	0.56
Net Income	0.63	0.15	0.79	0.94	0.95	0.78	0.98	0.81	0.81	0.85	0.6	1.0	0.72		0.79	-0.15	0.99	-0.16	0.96	-0.43	0.56	0.71
Income Tax Expense	0.75	0.11	0.37	0.91	0.91	0.93	0.84	0.99	0.98	0.87	0.93	0.78	0.32	0.79		-0.13	0.71	-0.3	0.7	-0.64	0.46	0.8
Selling And Marketing Expenses	0.0	0.09	-0.14	-0.14	-0.16	-0.11	-0.15	-0.15	-0.13	-0.06	-0.13	-0.15	-0.08	-0.15	-0.13		-0.17	-0.08	-0.15	-0.14	0.21	-0.16
Net Income From Continuing Ops	0.54	0.12	0.79	0.89	0.91	0.7	0.95	0.74	0.73	0.78	0.49	0.99	0.76	0.99	0.71	-0.17		-0.15	0.98	-0.43	0.58	0.67
Minority Interest	0.24	0.34	0.24	-0.15	-0.21	-0.03	-0.31	-0.31	-0.22	0.04	-0.12	-0.19	0.3	-0.16	-0.3	-0.08	-0.15		-0.3	0.43	-0.34	0.26
Tax Provision	0.46	0.02	0.71	0.84	0.87	0.64	0.94	0.71	0.69	0.72	0.44	0.97	0.75	0.96	0.7	-0.15	0.98	-0.3		-0.5	0.62	0.58
Interest Income	-0.17	0.48	0.17	-0.41	-0.43	-0.38	-0.45	-0.56	-0.52	-0.33	-0.45	-0.45	-0.31	-0.43	-0.64	-0.14	-0.43	0.43	-0.5		-0.75	-0.49
Net Interest Income	0.08	-0.48	0.19	0.43	0.46	0.28	0.55	0.44	0.39	0.3	0.23	0.57	0.47	0.56	0.46	0.21	0.58	-0.34	0.62	-0.75		0.34
Reconciled Depreciation	0.82	0.26	0.48	0.8	0.77	0.87	0.66	0.78	0.82	0.86	0.81	0.68	0.56	0.71	0.8	-0.16	0.67	0.26	0.58	-0.49	0.34

Click cells to compare fundamentals

Tourmaline Oil Account Relationship Matchups

Tourmaline Oil income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	864.0M	1.1B	742.2M	1.2B	1.4B	1.4B
Interest Expense	59.1M	42.1M	36.6M	29.9M	38.2M	31.4M
Selling General Administrative	476.0M	583.6M	787.4M	1.0B	178.5M	330.0M
Total Revenue	2.1B	2.1B	5.1B	8.7B	6.2B	6.6B
Gross Profit	1.2B	892.2M	3.8B	6.3B	4.3B	4.5B
Other Operating Expenses	1.8B	2.2B	2.6B	4.1B	4.7B	5.0B
Operating Income	362.7M	(13.6M)	2.6B	4.6B	2.3B	2.4B
Ebit	362.7M	(13.6M)	2.6B	4.6B	5.3B	5.5B
Ebitda	1.2B	1.1B	3.3B	5.8B	6.6B	7.0B
Cost Of Revenue	969.8M	1.3B	1.3B	2.3B	2.0B	2.1B
Total Operating Expenses	794.1M	905.8M	1.4B	1.8B	4.0B	4.2B
Income Before Tax	298.9M	619.5M	2.5B	5.9B	2.2B	2.3B
Total Other Income Expense Net	(63.8M)	633.1M	(66.9M)	1.3B	(44.6M)	(42.4M)
Net Income	319.7M	618.3M	2.0B	4.5B	1.7B	1.8B
Income Tax Expense	(21.1M)	931K	494.0M	1.4B	1.6B	1.7B
Selling And Marketing Expenses	13.3M	23.5M	33.3M	48.0M	43.2M	50.4M
Net Income From Continuing Ops	320.0M	618.6M	2.0B	4.5B	1.7B	1.1B
Net Income Applicable To Common Shares	319.7M	618.3M	2.0B	4.5B	5.2B	5.4B
Minority Interest	27.8M	28.1M	181.6M	467.4M	(3.4M)	0.0
Tax Provision	(21.1M)	931K	494.0M	1.4B	443.5M	334.2M
Interest Income	57.9M	48.3M	50.7M	29.9M	26.9M	36.9M
Net Interest Income	(59.1M)	(42.1M)	(36.6M)	(29.9M)	(38.2M)	(40.1M)
Reconciled Depreciation	853.4M	1.1B	846.5M	1.2B	1.3B	1.1B

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tourmaline Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tourmaline Oil's short interest history, or implied volatility extrapolated from Tourmaline Oil options trading.

Currently Active Assets on Macroaxis

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Tourmaline Stock analysis

When running Tourmaline Oil's price analysis, check to measure Tourmaline Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tourmaline Oil is operating at the current time. Most of Tourmaline Oil's value examination focuses on studying past and present price action to predict the probability of Tourmaline Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourmaline Oil's price. Additionally, you may evaluate how the addition of Tourmaline Oil to your portfolios can decrease your overall portfolio volatility.

	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.

Please note, there is a significant difference between Tourmaline Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tourmaline Historical Income Statement

About Tourmaline Income Statement Analysis

Tourmaline Oil Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Tourmaline Oil income statement Correlations

Tourmaline Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tourmaline Oil income statement Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Tourmaline Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 1.0	Income Before Tax
Gross Profit	+ 0.99	Total Revenue
Ebitda	+ 0.99	Ebit
Income Tax Expense	+ 0.99	Ebit
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income

Net Interest Income	- 0.75	Interest Income
Interest Income	- 0.64	Income Tax Expense
Interest Income	- 0.56	Ebit
Interest Income	- 0.52	Ebitda
Interest Income	- 0.5	Tax Provision
Reconciled Depreciation	- 0.49	Interest Income