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Tourmaline Oil Corp. (TRMLF) Q2 Earnings and Revenues Beat Estimates
ZACKS·2025-07-30 23:31

Group 1 - Tourmaline Oil Corp. reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.66 per share, and showing an increase from $0.53 per share a year ago, resulting in an earnings surprise of +48.48% [1] - The company posted revenues of $1.32 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 36.28%, compared to revenues of $954.74 million in the same quarter last year [2] - Tourmaline Oil Corp. has surpassed consensus revenue estimates two times over the last four quarters [2] Group 2 - The stock has underperformed the market, losing about 1.2% since the beginning of the year, while the S&P 500 has gained 8.3% [3] - The current consensus EPS estimate for the coming quarter is $0.80 on revenues of $1.1 billion, and for the current fiscal year, it is $3.00 on revenues of $4.59 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - Canadian is currently in the top 37% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]