Tourmaline Oil Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 27, 2026	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
Market Capitalization	24,792	24,854	20,909	23,124	13,482	5,089
Market Cap Growth	-2.73%	18.87%	-9.58%	71.52%	164.94%	23.29%
Enterprise Value	26,569	26,285	21,313	23,494	14,692	6,996
Last Close Price	64.04	63.13	53.59	55.56	29.52	11.95
PE Ratio	18.38	19.66	12.05	5.15	6.65	8.23
Forward PE	15.15	13.34	8.69	6.68	6.07	9.46
PS Ratio	5.66	5.71	4.32	3.26	2.83	2.29
PB Ratio	1.51	1.60	1.49	1.69	1.16	0.55
P/TBV Ratio	1.51	1.60	1.49	1.69	1.16	0.58
P/FCF Ratio	61.82	52.81	8.99	8.43	15.60	123.28
P/OCF Ratio	7.39	9.11	4.75	4.93	4.74	4.52
PEG Ratio	1.28	1.10	1.10	1.10	1.10	1.10
EV/Sales Ratio	6.07	6.04	4.40	3.31	3.08	3.15
EV/EBITDA Ratio	8.00	8.31	6.37	3.32	5.20	5.82
EV/EBIT Ratio	16.80	16.55	10.51	4.00	8.47	22.42
EV/FCF Ratio	66.25	55.85	9.17	8.57	17.00	169.49
Debt / Equity Ratio	0.11	0.08	0.08	0.05	0.08	0.21
Debt / EBITDA Ratio	0.54	0.41	0.34	0.09	0.31	1.62
Debt / FCF Ratio	4.43	2.77	0.49	0.23	1.02	47.35
Net Debt / Equity Ratio	0.11	0.08	0.08	0.05	0.08	0.19
Net Debt / EBITDA Ratio	0.54	0.41	0.34	0.09	0.31	1.44
Net Debt / FCF Ratio	4.43	2.77	0.49	0.23	1.02	42.02
Asset Turnover	0.20	0.21	0.25	0.42	0.34	0.19
Quick Ratio	0.32	0.55	0.46	0.76	0.62	1.13
Current Ratio	0.48	0.89	0.81	1.56	0.66	1.22
Return on Equity (ROE)	8.69%	8.55%	12.53%	35.48%	19.44%	7.17%
Return on Assets (ROA)	4.50%	4.68%	6.50%	21.48%	7.72%	1.63%
Return on Invested Capital (ROIC)	6.59%	7.57%	10.96%	33.30%	11.87%	3.02%
Return on Capital Employed (ROCE)	7.40%	7.60%	11.00%	33.60%	12.20%	2.50%
Earnings Yield	5.34%	5.09%	8.30%	19.40%	15.03%	12.15%
FCF Yield	1.62%	1.89%	11.12%	11.86%	6.41%	0.81%
Dividend Yield	5.15%	2.09%	1.96%	1.62%	2.27%	4.18%
Payout Ratio	53.19%	37.36%	20.72%	6.74%	10.39%	21.94%
Buyback Yield / Dilution	-7.50%	-4.30%	-0.83%	-8.13%	-16.43%	-0.07%
Total Shareholder Return	-2.35%	-2.21%	1.13%	-6.51%	-14.16%	4.11%

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