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Tourmaline OilTRMLF -2.63%85 EV-to-OCF is 7.69 as of Aug. 06, 2026, which is 17% above its 10-year median of 6.59. GuruFocus rates TRMLF with a GF Score™ of 85/100 and a GF Value™ of $43.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,018 Oil & Gas companies, Tourmaline Oil ranks worse than 62.87% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tourmaline Oil's Enterprise Value is $17,450 Mil.
Tourmaline Oil's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $2,270 Mil. Therefore, Tourmaline Oil's EV-to-OCF for today is 7.69.
The historical rank and industry rank for Tourmaline Oil's EV-to-OCF or its related term are showing as below:
TRMLF'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.26 Med: 6.59 Max: 14.17
Current: 7.69
During the past 13 years, the highest EV-to-OCF of Tourmaline Oil was 14.17. The lowest was 3.26. And the median was 6.59.
TRMLF's EV-to-OCF is ranked worse than 62.87% of 1018
companies
in the Oil & Gas industry
Industry Median: 5.795
vs TRMLF: 7.69
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $42.1725.
Tourmaline Oil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.667.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Tourmaline Oil EV-to-OCF Related Terms
Tourmaline Oil EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Tourmaline Oil's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's EV-to-OCF falls into.
Tourmaline Oil's current Enterprise Value is $17,450 Mil.
Tourmaline Oil's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,270 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-OCF of 7.69 as of Aug. 06, 2026. This is 17% above median its historical median of 6.59. Over the past decade, Tourmaline Oil's EV-to-OCF has ranged from 3.26 to 14.17. According to the industry distribution chart, Tourmaline Oil ranks #640 out of 1018 companies in the Oil & Gas industry, placing it in the top 62.9%.
Is Tourmaline Oil's EV-to-OCF too high?
Tourmaline Oil's current EV-to-OCF of 7.69 is 17% above median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 14.17. The Oil & Gas industry median EV-to-OCF is 5.80. Tourmaline Oil's value of 7.69 is 32.7% above this industry median. Based on the distribution chart, Tourmaline Oil ranks #640 out of 1018 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Tourmaline Oil has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #640 out of 1018 companies for EV-to-OCF. This places Tourmaline Oil in the lower half of its industry. The industry median EV-to-OCF is 5.80. Tourmaline Oil's value of 7.69 is 32.7% above this benchmark. Historically, Tourmaline Oil's own EV-to-OCF has ranged from 3.26 to 14.17 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 5.80, Tourmaline Oil has consistently been above 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.80, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourmaline Oil's current EV-to-OCF of 7.69 is 32.7% above 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourmaline Oil's current EV-to-OCF is 7.69, which is 17% above median its own 10-year median of 6.59. 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 $43.91, compared to a current price of $42.17 — trading 4% below its estimated fair value. The current EV-to-OCF is 7.69, which is 17% above median its 10-year median of 6.59 and 32.7% above the Oil & Gas industry median of 5.80. Tourmaline Oil's overall GF Score™ is 85/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Tourmaline Oil (TRMLF), the current EV-to-OCF is 7.69 as of Aug. 06, 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 undervalued.
The current stock price of $42.17 is trading 4% below its estimated GF Value™ of $43.91.
GuruFocus considers Tourmaline Oil to be Fairly Valued.
Key valuation signals for TRMLF:
EV-to-OCF: 7.69 (17% above median its 10-year median of 6.59)
GF Value™: $43.91 vs. price of $42.17 (4% below fair value)
Industry Position: 32.7% above the Oil & Gas median (#640 of 1018)
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.
85GF Score
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