Tourmaline Historical Income Statement

TOU Stock

CAD 66.56 1.05 1.55%

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

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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

At this time, Tourmaline Oil's EBIT is very stable compared to the past year. As of the 4th of June 2024, EBITDA is likely to grow to about 7 B, while Interest Expense is likely to drop about 31.4 M.

Total Revenue Gross Profit Other Operating Expenses

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.

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.

At this time, Tourmaline Oil's EBIT is very stable compared to the past year. As of the 4th of June 2024, EBITDA is likely to grow to about 7 B, while Interest Expense is likely to drop about 31.4 M.

	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

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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

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Tourmaline Historical Income Statement

About Tourmaline Income Statement Analysis

Tourmaline Oil Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tourmaline Oil income statement Correlations

Tourmaline Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tourmaline Oil income statement Accounts

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Other Information on Investing in Tourmaline Stock

COMMON DESTINATIONS

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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