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Tourmaline Oil Corp (TOU.TO)

TOU.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tourmaline Qtrly Net Earnings Per Share (Diluted) $0.09
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Tourmaline Oil Corp ::TOURMALINE DELIVERS STRONG Q2 FREE CASH FLOW, INCREASES 2018 EXIT PRODUCTION ESTIMATE AND INCREASES QUARTERLY DIVIDEND.ESTIMATE AND INCREASES QUARTERLY DIVIDEND.QUARTERLY DIVIDEND WILL BE INCREASED BY 11% TO $0.10/COMMON SHARE FOR Q3 OF 2018.COMPANY EXPECTS FULL-YEAR AVERAGE PRODUCTION OF 267,500-275,000 BOEPD.QTRLY REVENUE $463.8 MILLION VERSUS $479.3 MILLION.QTRLY NET EARNINGS PER SHARE (DILUTED) $0.09.Q2 EARNINGS PER SHARE VIEW C$0.22 -- THOMSON REUTERS I/B/E/S.  Full Article

Tourmaline Delivers Earnings Of $129.6 Mln In Q1 2018
Wednesday, 9 May 2018 

May 8 (Reuters) - Tourmaline Oil Corp ::TOURMALINE DELIVERS EARNINGS OF $129.6 MILLION IN Q1 2018 AND ANNOUNCES Q2 2018 DIVIDEND INCREASE.TOURMALINE OIL CORP - Q2 2018 DIVIDEND TO BE INCREASED BY 12.5% TO $0.09/COMMON SHARE.TOURMALINE OIL CORP - REMAINS ON TRACK TO ACHIEVE FULL-YEAR PRODUCTION GUIDANCE OF 270,000-280,000 BOEPD.TOURMALINE OIL CORP - 2018 EXIT PRODUCTION TARGET OF 285,000-290,000 BOEPD.TOURMALINE OIL CORP - 2019 TOTAL FORECAST PRODUCTION, LIQUIDS PRODUCTION AND CASH FLOW EXPECTATIONS INCREASED FROM PREVIOUSLY RELEASED FIVE-YEAR PLAN.TOURMALINE OIL CORP - Q1 2018 PRODUCTION OF 268,526 BOEPD WAS A 15% INCREASE FROM Q1 2017 PRODUCTION OF 233,278 BOEPD.TOURMALINE OIL CORP - INCREASING 2019 PRODUCTION GUIDANCE FROM 283,000 TO 291,000 BOEPD.TOURMALINE OIL CORP - PROJECTED 2019 CASH FLOW OF $1.62 BILLION ($5.96/SHARE) IS 8% HIGHER THAN $1.50 BILLION IN PREVIOUS PLAN.TOURMALINE OIL CORP - FREE CASH FLOW BEFORE DIVIDENDS IN 2019 IS UP MATERIALLY TO $231 MILLION FROM $110 MILLION PREVIOUSLY.TOURMALINE OIL CORP QTRLY REVENUE $550.2 MILLION, UP 18 PERCENT.TOURMALINE OIL CORP QTRLY EARNINGS PER SHARE $0.48.  Full Article

Tourmaline Oil Corp Says ‍Achieved 2017 Exit Target Of 270,000-280,000 Boepd​
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - Tourmaline Oil Corp ::TOURMALINE PROVIDES MARKET UPDATE.TOURMALINE OIL CORP - ‍ACHIEVED 2017 EXIT TARGET OF 270,000-280,000 BOEPD, AVERAGING APPROXIMATELY 274,000 BOEPD IN DECEMBER​.TOURMALINE OIL CORP - ‍ACHIEVED YEAR-OVER-YEAR PRODUCTION GROWTH OF 30% IN 2017, ALSO ON TARGET​.TOURMALINE OIL CORP - LIQUIDS PRODUCTION IS ANTICIPATED TO GROW TO 70,000 BPD-75,000 BPD BY Q4 2019.TOURMALINE OIL CORP - TOTAL Q4 2017 LIQUIDS PRODUCTION GREW BY APPROXIMATELY 60% OVER Q4 2016​.TOURMALINE OIL CORP - INCREASED ITS OIL HEDGES FOR 2018 TO 8,663 BPD AT AN AVERAGE FIXED PRICE OF $53.87 US/BBL.TOURMALINE OIL CORP - COMPANY HAS ELECTED TO LEAVE FIVE YEAR PLAN GUIDANCE UNCHANGED AT THIS TIME.TOURMALINE OIL CORP - ‍CURRENT PRODUCTION IS RANGING BETWEEN 270,000 AND 275,000 BOEPD​.TOURMALINE OIL - ‍Q4 2017 AVERAGE PRODUCTION WAS APPROXIMATELY 263,000 BOEPD​.TOURMALINE OIL CORP - ‍CURRENT TOTAL LIQUIDS PRODUCTION IS APPROXIMATELY 48,000 BPD​.TOURMALINE OIL CORP - EXPECTS TO GENERATE APPROXIMATELY $1.6 BILLION IN FREE CASH FLOW BASED ON CURRENT FIVE-YEAR PLAN.TOURMALINE OIL - CURRENTLY SEES FY 2018 PRODUCTION GROWTH OF ABOUT 10% FROM A CAPITAL PROGRAM EXPECTED TO GENERATE "SIGNIFICANT" FREE CASH FLOW.TOURMALINE OIL - ‍ESTIMATES 2018 AVERAGE PRODUCTION OF 270,000-280,000 BOEPD​.  Full Article

Tourmaline Oil Forecasts 2018 Average Production Of 270,000 Boepd
Tuesday, 12 Dec 2017 

Dec 11 (Reuters) - Tourmaline Oil Corp ::TOURMALINE OIL - CONTINUE TO FORECAST 2018 AVERAGE PRODUCTION OF 270,000 BOEPD.TOURMALINE OIL - ACHIEVED 2017 EXIT PRODUCTION TARGET OF 270,000 BOEPD ON DECEMBER 1.TOURMALINE - CURRENT PRODUCTION IS 277,000 BOEPD; FURTHER EP ACTIVITIES EXPECTED TO GROW PRODUCTION TO EXCESS OF 280,000 BOEPD BY DEC.-END.  Full Article

Tourmaline reports qtrly revenue $410.6 million
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Tourmaline Oil Corp ::Tourmaline continues profitable growth in q3 2017 and introduces growth/dividend five-year plan.Q3 earnings per share C$0.19.Tourmaline Oil Corp - ‍Q3 average production was 236,905 boepd - a 40pct increase over q3 2016​.Tourmaline Oil Corp - ‍expecting 2018 production to average between 270,000 boepd and 280,000 boepd​.Tourmaline Oil Corp - ‍expecting 2017 full-year production to average between 240,000 boepd and 250,000 boepd​.Tourmaline Oil Corp - qtrly revenue $410.6 million versus $304.5 mln‍​.  Full Article