Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tourmaline Oil's Enterprise Value is $17,233 Mil.
Tourmaline Oil's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $726 Mil. Therefore, Tourmaline Oil's EV-to-EBIT ratio for today is 23.73.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tourmaline Oil's Enterprise Value is $17,233 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 ratio for today is 5.91.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tourmaline Oil's Enterprise Value is $17,233 Mil.
Tourmaline Oil's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $4,556 Mil. Therefore, Tourmaline Oil's EV-to-Revenue ratio for today is 3.78.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tourmaline Oil's Enterprise Value is $17,233 Mil.
Tourmaline Oil's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $291 Mil. Therefore, Tourmaline Oil's EV-to-FCF ratio for today is 59.25.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Tourmaline Oil (OTCPK:TRMLF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Tourmaline Oil's current Enterprise Value is $17,233 Mil.
Tourmaline Oil's EBIT 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 $726 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tourmaline Oil's current Enterprise Value is $17,233 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.
Tourmaline Oil's current Enterprise Value is $17,233 Mil.
Tourmaline Oil's Revenue 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 $4,556 Mil.
Tourmaline Oil's current Enterprise Value is $17,233 Mil.
Tourmaline Oil's Cash Flow from Operations 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 $2,357 Mil.
Tourmaline Oil's current Enterprise Value is $17,233 Mil.
Tourmaline Oil's Free Cash Flow 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 $291 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 Enterprise Value Related Terms
Tourmaline Oil Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tourmaline Oil's Enterprise Value 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.
TRMLF vs COP, EOG, OXY: Enterprise Value Comparison
For the Oil & Gas E&P subindustry, Tourmaline Oil's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tourmaline Oil's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of $17,233 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tourmaline Oil and its competitors.
Is Tourmaline Oil's Enterprise Value too high?
Tourmaline Oil's current Enterprise Value is $17,233 Mil. Overall, Tourmaline Oil has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's Enterprise Value compare to COP and EOG?
Tourmaline Oil's Enterprise Value of $17,233 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tourmaline Oil and its competitors. Tourmaline Oil's current Enterprise Value is $17,233 Mil. 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 $43.73, compared to a current price of $42.40 — trading 3% below its estimated fair value. The current Enterprise Value is $17,233 Mil. Tourmaline Oil's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tourmaline Oil (TRMLF), the current Enterprise Value is $17,233 Mil as of Jun. 27, 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 $42.40 is trading 3% below its estimated GF Value™ of $43.73.
GuruFocus considers Tourmaline Oil to be Fairly Valued.
Key valuation signals for TRMLF:
Enterprise Value: $17,233 Mil
GF Value™: $43.73 vs. price of $42.40 (3% below fair value)
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.
75GF Score
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