Tourmaline Oil Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	-	-	-	-	-	220.17	Upgrade
Cash & Short-Term Investments	-	-	-	-	-	220.17	Upgrade
Cash Growth	-	-	-	-	-	1715.37%	Upgrade
Accounts Receivable	617.81	792.07	731.06	1,094	652.25	363.64	Upgrade
Other Receivables	117.57	39.92	-	-	-	-	Upgrade
Receivables	735.38	831.99	731.06	1,094	652.25	363.64	Upgrade
Prepaid Expenses	123.79	83.03	87.9	63.87	26.28	22.59	Upgrade
Other Current Assets	233.1	437.74	476.45	1,087	11.2	23.07	Upgrade
Total Current Assets	1,092	1,353	1,295	2,245	689.72	629.47	Upgrade
Property, Plant & Equipment	21,526	19,854	17,472	14,804	13,844	12,154	Upgrade
Long-Term Investments	406.44	428.47	608.03	648.23	745.92	-	Upgrade
Other Long-Term Assets	719.04	675.89	721.65	1,196	12.16	7.14	Upgrade
Total Assets	23,744	22,312	20,097	18,893	15,292	12,790	Upgrade
Accounts Payable	1,365	1,305	1,076	1,013	775.49	450.51	Upgrade
Accrued Expenses	18.6	24.5	25.5	-	-	-	Upgrade
Current Portion of Leases	8.53	8.39	5.8	3.11	3	3.41	Upgrade
Current Income Taxes Payable	-	-	402.68	11.93	-	-	Upgrade
Other Current Liabilities	102.72	182.37	83.91	408.02	272.28	63.81	Upgrade
Total Current Liabilities	2,294	1,520	1,594	1,436	1,051	517.73	Upgrade
Long-Term Debt	937.62	1,273	1,100	619.11	869.57	1,942	Upgrade
Long-Term Leases	30.57	23	20.51	7.05	8.17	8.76	Upgrade
Long-Term Deferred Tax Liabilities	3,180	2,860	2,418	2,482	1,037	405.74	Upgrade
Other Long-Term Liabilities	926.25	1,092	949.55	662.83	719.96	639.18	Upgrade
Total Liabilities	7,369	6,768	6,082	5,206	3,686	3,514	Upgrade
Common Stock	10,671	9,856	8,488	7,725	7,483	6,328	Upgrade
Additional Paid-In Capital	497.76	426.9	345.57	288.33	284.29	307.15	Upgrade
Retained Earnings	5,207	5,261	5,182	5,673	3,840	2,174	Upgrade
Total Common Equity	16,375	15,544	14,016	13,687	11,606	8,809	Upgrade
Minority Interest	-	-	-	-	-	467.44	Upgrade
Shareholders' Equity	16,375	15,544	14,016	13,687	11,606	9,277	Upgrade
Total Liabilities & Equity	23,744	22,312	20,097	18,893	15,292	12,790	Upgrade
Total Debt	1,777	1,304	1,127	629.26	880.74	1,954	Upgrade
Net Cash (Debt)	-1,777	-1,304	-1,127	-629.26	-880.74	-1,734	Upgrade
Net Cash Per Share	-4.67	-3.62	-3.26	-1.84	-2.78	-6.37	Upgrade
Filing Date Shares Outstanding	387.01	374.27	351.47	338.92	332.3	296.85	Upgrade
Total Common Shares Outstanding	386.98	373.68	351.35	338.68	330.86	296.57	Upgrade
Working Capital	-1,202	-167.62	-298.28	809.45	-361.03	111.74	Upgrade
Book Value Per Share	42.32	41.60	39.89	40.41	35.08	29.70	Upgrade
Tangible Book Value	16,375	15,544	14,016	13,687	11,606	8,809	Upgrade
Tangible Book Value Per Share	42.32	41.60	39.89	40.41	35.08	29.70	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.