Tourmaline OilTRMLF +0.38%75 Interest Coverage is 27.92 as of Mar. 2026, which is 121% above its 10-year median of 12.61. GuruFocus rates TRMLF with a GF Score™ of 75/100 and a GF Value™ of $43.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 728 Oil & Gas companies, Tourmaline Oil ranks worse than 137362.5% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Tourmaline Oil's
Operating Income
for the
three
months ended in Mar. 2026 was $294 Mil. Tourmaline Oil's Interest Expense for the
three
months ended in Mar. 2026 was $-11 Mil.
Tourmaline Oil's interest coverage for the quarter that ended in Mar. 2026 was 27.92.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Tourmaline Oil's Interest Coverage or its related term are showing as below:
TRMLF's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Tourmaline Oil Interest Coverage Related Terms
Tourmaline Oil Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tourmaline Oil's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
TRMLF vs COP, EOG, OXY: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Tourmaline Oil's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 27.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tourmaline Oil and its competitors. This is 121% above median its historical median of 12.61. According to the industry distribution chart, Tourmaline Oil ranks #999999 out of 728 companies in the Oil & Gas industry.
Is Tourmaline Oil's Interest Coverage too high?
Tourmaline Oil's current Interest Coverage of 27.92 is 121% above median its 10-year median of 12.61. The Oil & Gas industry median Interest Coverage is 5.84. Tourmaline Oil's value of 27.92 is 378.1% above this industry median. Based on the distribution chart, Tourmaline Oil ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #999999 out of 728 companies for Interest Coverage. This places Tourmaline Oil in the lower half of its industry. The industry median Interest Coverage is 5.84. Tourmaline Oil's value of 27.92 is 378.1% above this benchmark. While the company's 10-year median is 12.61 vs. the industry median of 5.84, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourmaline Oil's current Interest Coverage of 27.92 is 378.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tourmaline Oil and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourmaline Oil's current Interest Coverage is 27.92, which is 121% above median its own 10-year median of 12.61. 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 Interest Coverage is 27.92, which is 121% above median its 10-year median of 12.61 and 378.1% above the Oil & Gas industry median of 5.84. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Tourmaline Oil (TRMLF), the current Interest Coverage is 27.92 as of Mar. 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:
Interest Coverage: 27.92 (121% above median its 10-year median of 12.61)
GF Value™: $43.73 vs. price of $42.40 (3% below fair value)
Industry Position: 378.1% above the Oil & Gas median (#999999 of 728)
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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