Tourmaline Oil Reports Higher Net Earnings, Revenue for Third Quarter

04:34 PM EST, 11/04/2026 (MT Newswires) -- Tourmaline Oil (TOU.TO) after trade Wednesday reported third-quarter net earnings of CA$1.64 per diluted share, up from CA$0.49 a year ago. Analysts polled by FactSet expected CA$0.87. Total revenue from commodity sales and realized gains for the quarter ended Sept. 30 was CA$1.52 billion, up from CA$1.48 billion a year earlier. Analysts polled by FactSet expected sales of CA$1.45 billion. Shares of Tourmaline Oil closed down 5% at CA$63 on the Toronto Stock Exchange.