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Tourmaline OilTRMLF +0.07%81 EV-to-EBITDA is 6.44 as of Jul. 26, 2026, which is 13% above its 10-year median of 5.68. GuruFocus rates TRMLF with a GF Score™ of 81/100 and a GF Value™ of $44.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 759 Oil & Gas companies, Tourmaline Oil ranks better than 58.76% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tourmaline Oil's enterprise value is $18,771 Mil.
Tourmaline Oil's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,915 Mil. Therefore, Tourmaline Oil's EV-to-EBITDA for today is 6.44.
The historical rank and industry rank for Tourmaline Oil's EV-to-EBITDA or its related term are showing as below:
TRMLF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.69 Med: 5.68 Max: 15.86
Current: 6.6
During the past 13 years, the highest EV-to-EBITDA of Tourmaline Oil was 15.86. The lowest was 2.69. And the median was 5.68.
TRMLF's EV-to-EBITDA is ranked better than 58.76% of 759
companies
in the Oil & Gas industry
Industry Median: 7.68
vs TRMLF: 6.60
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Tourmaline Oil's PE Ratio (TTM) for today is calculated as:
Tourmaline Oil's share price for today is $46.14.
Tourmaline Oil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.320.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Tourmaline Oil's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Tourmaline Oil's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tourmaline Oil EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's EV-to-EBITDA falls into.
Tourmaline Oil's current Enterprise Value is $18,771 Mil.
Tourmaline Oil's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,915 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tourmaline Oil (TRMLF) has a EV-to-EBITDA of 6.44 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tourmaline Oil. This is 13% above median its historical median of 5.68. Over the past decade, Tourmaline Oil's EV-to-EBITDA has ranged from 2.69 to 15.86. According to the industry distribution chart, Tourmaline Oil ranks #313 out of 759 companies in the Oil & Gas industry, placing it in the top 41.2%.
Is Tourmaline Oil's EV-to-EBITDA too high?
Tourmaline Oil's current EV-to-EBITDA of 6.44 is 13% above median its 10-year median of 5.68. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 15.86. The Oil & Gas industry median EV-to-EBITDA is 7.68. Tourmaline Oil's value of 6.44 is 16.1% below this industry median. Based on the distribution chart, Tourmaline Oil ranks #313 out of 759 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tourmaline Oil has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #313 out of 759 companies for EV-to-EBITDA. This puts Tourmaline Oil in the upper half of its industry. The industry median EV-to-EBITDA is 7.68. Tourmaline Oil's value of 6.44 is 16.1% below this benchmark. Historically, Tourmaline Oil's own EV-to-EBITDA has ranged from 2.69 to 15.86 over the past decade. While the company's 10-year median is 5.68 vs. the industry median of 7.68, Tourmaline Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.68, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourmaline Oil's current EV-to-EBITDA of 6.44 is 16.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tourmaline Oil. For the Oil & Gas industry, the median EV-to-EBITDA is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourmaline Oil's current EV-to-EBITDA is 6.44, which is 13% above median its own 10-year median of 5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourmaline Oil stock overvalued right now?
Based on GuruFocus' analysis, Tourmaline Oil (TRMLF) is currently considered Fairly Valued. The stock's GF Value™ is $44.24, compared to a current price of $46.14 — trading 4.3% above its estimated fair value. The current EV-to-EBITDA is 6.44, which is 13% above median its 10-year median of 5.68 and 16.1% below the Oil & Gas industry median of 7.68. Tourmaline Oil's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tourmaline Oil (TRMLF), the current EV-to-EBITDA is 6.44 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tourmaline Oil (TRMLF) Overvalued in 2026?
Based on GuruFocus' analysis, Tourmaline Oil stock appears to be overvalued.
The current stock price of $46.14 is trading 4.3% above its estimated GF Value™ of $44.24.
GuruFocus considers Tourmaline Oil to be Fairly Valued.
Key valuation signals for TRMLF:
EV-to-EBITDA: 6.44 (13% above median its 10-year median of 5.68)
GF Value™: $44.24 vs. price of $46.14 (4.3% above fair value)
Industry Position: 16.1% below the Oil & Gas median (#313 of 759)
No single metric tells the full story. See the TRMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourmaline Oil is a Canadian natural gas producer with an integrated midstream gathering and processing operation. Its primary product is natural gas, but also produces natural gas liquids, condensates, and oil. As a result of multiple acquisitions, it has become the largest natural gas producer in Canada.
81GF Score
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