Tourmaline Oil Corp.

Tourmaline Oil Corp. is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.26 per share. The dividend will be payable on June 30, 2023 to shareholders of record at the close of business on June 15, 2023. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. ELECTION OF DIRECTORS Tourmaline also announces that [...]

Tourmaline Oil Corp. is providing an operations update in the wildfire-affected areas of Alberta. Seven of Tourmaline's nine facilities, previously shut-in due to the wildfires, have resumed operations and are operating at previous production rates. The remaining two facilities, West Wolf and Columbia, are undamaged and ready to resume operations; both are awaiting final start-up clearance from the Ministry of Forestry [...]

Tourmaline Oil Corp. provides an update on operations impacted by Alberta wildfires. Tourmaline staff and families have been safely evacuated from certain operated facilities and homes in the greater Edson area. The Company evacuated and shut down nine South and West Deep Basin gas processing facilities between the afternoon of Friday, May 5 and the afternoon of Saturday, May 6 as nearby fires expanded and new wildfires [...]

Tourmaline Oil Corp. is pleased to release financial and operating results for the first quarter of 2023, announce an increase to its quarterly base dividend and declare a special dividend. HIGHLIGHTS First quarter cash flow of $1.13 billion ). Generated quarterly free cash flow of $525.4 million enabling the Company to declare a special dividend of $1.50 per common share to be paid on May 19, 2023 to holders of record on [...]

Investment will establish a commercial fueling network for heavy-duty natural gas trucks across Western Canada Tourmaline Oil Corp. and Clean Energy Fuels Corp. announced today a $70 million Joint Development Agreement to build and operate a network of compressed natural gas stations along key highway corridors across Western Canada. Through this 50-50 shared investment, Tourmaline and Clean Energy expect to construct and [...]

Tourmaline Oil Corp. is pleased to release financial and operating results for the full year and fourth quarter of 2022, as well as 2022 reserves. HIGHLIGHTS Full-year 2022 cash flow was a record $4.9 billion ) up 67% over 2021. Fourth quarter 2022 CF was $1.4 billion . Tourmaline generated a record $3.2 billion of free cash flow in 2022. Full-year 2022 after tax net earnings were $4.5 billion . Tourmaline paid [...]

S&P Dow Jones Indices announces the following index changes as a result of the annual S&P/TSX Canadian Dividend Aristocrats Index review. These changes will be effective prior to the open of trading on Wednesday, February 1, 2023. S&P/TSX Canadian Dividend Aristocrats Index - February 1, 2023 Symbol COMPANY ADDED H Hydro One Limited ADDED MI.UN Minto Apartment REIT ADDED NTR Nutrien Ltd. ADDED TOU [...]

Tourmaline Oil Corp. is pleased to announce a special dividend and provide an operational and 2023 guidance update. SPECIAL DIVIDEND Tourmaline is pleased to announce the declaration of a special dividend of $2.00/share, given the continued strong financial performance and outlook for the Company. The special dividend is part of Tourmaline's comprehensive shareholder return plan and will be paid on February 1, 2023 to [...]

Tourmaline Oil Corp. is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.25 per common share. The dividend will be payable on December 30, 2022 to shareholders of record at the close of business on December 15, 2022. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader Advisories CURRENCY All amounts [...]

Tourmaline Oil Corp. is pleased to release financial and operating results for the third quarter of 2022, increase the quarterly base dividend and declare a special dividend. HIGHLIGHTS Third quarter 2022 before tax cash flow was $1.056 billion and $1.051 billion after tax ), a 38% increase over third quarter 2021 CF. Third quarter 2022 free cash flow was $568.3 million . The Company will pay a special dividend of [...]