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Tourmaline Oil Corp (Alberta) Stock

Tourmaline Oil Corp (Alberta) ROA 2024

Tourmaline Oil Corp (Alberta) ROA

0.09

Ticker

TOU.TO

ISIN

CA89156V1067

WKN

A1C8W0

In 2024, Tourmaline Oil Corp (Alberta)'s return on assets (ROA) was 0.09, a -63.63% increase from the 0.24 ROA in the previous year.

Tourmaline Oil Corp (Alberta) Aktienanalyse

What does Tourmaline Oil Corp (Alberta) do?

Tourmaline Oil Corp is one of the leading Canadian energy companies in the natural gas and oil industry. The company is headquartered in Calgary, Alberta, and has experienced rapid growth since its founding in 2008. Tourmaline is listed on the Toronto Stock Exchange under the ticker symbol "TOU". History Tourmaline Oil Corp was founded by current CEO Mike Rose in 2008. Rose had previously worked at EnCana Corporation, one of Canada's largest energy companies. Tourmaline started as a small company with only four employees and a single drilling site in Alberta. Since then, the company has experienced impressive expansion through mergers and acquisitions. Today, Tourmaline has over 2,000 employees, operates over 150 drilling sites, and has established itself as one of the leading Canadian energy producers. Business Model Tourmaline's business model focuses on the exploration, development, production, and marketing of oil, natural gas, and NGLs (Natural Gas Liquids) in Canada. However, the company is able to cover the full value chain, including transportation and processing infrastructure, making it more effective in controlling margins and improving profitability. Segments Tourmaline operates in three main segments: natural gas, oil, and NGLs. The company produces natural gas in the three major North American formations: the Montney-Fairway system, the Deep Basin, and the Greater Peace River Arch. The company is also active in oil sands, with a focus on the Peace River formation. Tourmaline is also a leading producer and marketer of NGLs such as propane, butane, and ethane. Products Tourmaline's primary product is natural gas. The company markets its natural gas to a wide range of customers, including energy utilities and industrial end-users. Tourmaline is also a significant oil producer and markets the oil to refineries and other end-users. In terms of NGLs, Tourmaline produces a variety of products such as propane, butane, and ethane. These are primarily used by the petrochemical industry and other end-users. Tourmaline has also invested in renewable energy in recent years and acquired a portfolio of solar parks that generate electricity in Canada. This has helped expand Tourmaline's portfolio into renewable energy and make the company more sustainable. Conclusion Tourmaline Oil Corp is a major player in the Canadian energy industry and has become one of the leading energy producers in a short period of time. The company specializes in the exploration, development, production, and marketing of oil, natural gas, and NGLs, and can cover the full value chain. With its investment in renewable energy, Tourmaline also demonstrates a strong commitment to sustainability. Overall, Tourmaline is a company that follows a clear strategy and is well-positioned to continue growing and succeeding. Tourmaline Oil Corp (Alberta) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Tourmaline Oil Corp (Alberta)'s Return on Assets (ROA)

Tourmaline Oil Corp (Alberta)'s Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Tourmaline Oil Corp (Alberta)'s ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Tourmaline Oil Corp (Alberta)'s ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Tourmaline Oil Corp (Alberta)’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Tourmaline Oil Corp (Alberta) stock

What is the Return on Assets (ROA) of Tourmaline Oil Corp (Alberta) this year?

The Return on Assets (ROA) of Tourmaline Oil Corp (Alberta) is 0.09 undefined this year.

What was the ROA of Tourmaline Oil Corp (Alberta) compared to the previous year?

The ROA of Tourmaline Oil Corp (Alberta) has increased by -63.63% compared to the previous year.

What consequences do high ROA have for investors of Tourmaline Oil Corp (Alberta)?

A high ROA is advantageous for investors of Tourmaline Oil Corp (Alberta), as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Tourmaline Oil Corp (Alberta)?

A low ROA can be unfavorable for investors of Tourmaline Oil Corp (Alberta) as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Tourmaline Oil Corp (Alberta) affect the company?

An increase in ROA of Tourmaline Oil Corp (Alberta) can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Tourmaline Oil Corp (Alberta) impact the company?

A reduction in the ROA of Tourmaline Oil Corp (Alberta) can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Tourmaline Oil Corp (Alberta)?

Some factors that can influence the ROA of Tourmaline Oil Corp (Alberta) include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Tourmaline Oil Corp (Alberta) important for investors?

The ROA of Tourmaline Oil Corp (Alberta) is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Tourmaline Oil Corp (Alberta) take to improve ROA?

To improve ROA, Tourmaline Oil Corp (Alberta) can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Tourmaline Oil Corp (Alberta) pay?

Over the past 12 months, Tourmaline Oil Corp (Alberta) paid a dividend of 6.55 CAD . This corresponds to a dividend yield of about 10.47 %. For the coming 12 months, Tourmaline Oil Corp (Alberta) is expected to pay a dividend of 7.74 CAD.

What is the dividend yield of Tourmaline Oil Corp (Alberta)?

The current dividend yield of Tourmaline Oil Corp (Alberta) is 10.47 %.

When does Tourmaline Oil Corp (Alberta) pay dividends?

Tourmaline Oil Corp (Alberta) pays a quarterly dividend. This is distributed in the months of July, September, October, December.

How secure is the dividend of Tourmaline Oil Corp (Alberta)?

Tourmaline Oil Corp (Alberta) paid dividends every year for the past 9 years.

What is the dividend of Tourmaline Oil Corp (Alberta)?

For the upcoming 12 months, dividends amounting to 7.74 CAD are expected. This corresponds to a dividend yield of 12.37 %.

In which sector is Tourmaline Oil Corp (Alberta) located?

Tourmaline Oil Corp (Alberta) is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Tourmaline Oil Corp (Alberta) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tourmaline Oil Corp (Alberta) from 11/26/2024 amounting to 0.5 CAD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.

When did Tourmaline Oil Corp (Alberta) pay the last dividend?

The last dividend was paid out on 11/26/2024.

What was the dividend of Tourmaline Oil Corp (Alberta) in the year 2023?

In the year 2023, Tourmaline Oil Corp (Alberta) distributed 7.9 CAD as dividends.

In which currency does Tourmaline Oil Corp (Alberta) pay out the dividend?

The dividends of Tourmaline Oil Corp (Alberta) are distributed in CAD.

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Andere Kennzahlen von Tourmaline Oil Corp (Alberta)

Our stock analysis for Tourmaline Oil Corp (Alberta) Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tourmaline Oil Corp (Alberta) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.