Tourmaline Oil Corp
TSX:TOU
Net Margin
Tourmaline Oil Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
Tourmaline Oil Corp
TSX:TOU
|
25.2B CAD |
22%
|
|
| US |
|
Conocophillips
NYSE:COP
|
118.4B USD |
17%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
737B CNY |
32%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
96.6B CAD |
20%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
68.2B USD |
26%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
25%
|
|
| US |
|
Hess Corp
NYSE:HES
|
44.4B USD |
18%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
42.7B USD |
31%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
44.2B USD |
17%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
35.5B USD |
7%
|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
49.1B AUD |
27%
|
Tourmaline Oil Corp
Glance View
Tourmaline Oil Corp., founded in 2008, stands as a testament to strategic growth and operational expertise within Canada's energy sector. Helmed by Michael Rose, a seasoned veteran of the industry, Tourmaline has swiftly positioned itself as one of the country's largest natural gas producers. The company's operations are primarily rooted in Western Canada, where it exploits rich natural resources across regions like the Alberta Deep Basin, Northeast British Columbia, and the Peace River High area. By focusing on large, contiguous land positions, Tourmaline maximizes operational efficiencies, enabling it to produce substantial volumes of natural gas and condensate at competitive costs. The company’s vertically integrated model, which includes its own processing facilities, allows for better control over production processes, thereby optimizing the entire value chain from extraction to delivery. Tourmaline's business model revolves around the extraction of natural gas and associated liquids from vast reserves, capitalizing on the growing demand for cleaner fossil fuels both domestically and abroad. With a keen eye on innovation and sustainability, Tourmaline combines cutting-edge drilling techniques with robust environmental strategies, ensuring it meets regulatory standards while enhancing production output. Revenue generation hinges on the sale of natural gas, natural gas liquids, and crude oil at prevailing market prices, supplemented by strategic hedging practices that mitigate price volatility. As global energy dynamics shift, Tourmaline continuously leverages its extensive resource base and operational acumen to adapt to changing market conditions, ensuring robust financial performance and shareholder value enhancement.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Tourmaline Oil Corp's most recent financial statements, the company has Net Margin of 22.4%.
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