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Tourmaline Oil (Tourmaline Oil) Market Cap : $17,301 Mil (As of May. 01, 2024)


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What is Tourmaline Oil Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tourmaline Oil's share price for the quarter that ended in Dec. 2023 was $45.06. Tourmaline Oil's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 351 Mil. Therefore, Tourmaline Oil's market cap for the quarter that ended in Dec. 2023 was $15,832 Mil.

Tourmaline Oil's quarterly market cap increased from Jun. 2023 ($16,007 Mil) to Sep. 2023 ($17,201 Mil) but then declined from Sep. 2023 ($17,201 Mil) to Dec. 2023 ($15,832 Mil).

Tourmaline Oil's annual market cap increased from Dec. 2021 ($10,687 Mil) to Dec. 2022 ($17,104 Mil) but then declined from Dec. 2022 ($17,104 Mil) to Dec. 2023 ($15,832 Mil).

Enterprise Value is 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 and cash equivalents. Tourmaline Oil's Enterprise Value for Today is $18,084 Mil.


Tourmaline Oil Market Cap Historical Data

The historical data trend for Tourmaline Oil's Market Cap 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.

* Premium members only.

Tourmaline Oil Market Cap Chart

Tourmaline Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,181.50 4,024.48 10,686.78 17,103.59 15,831.88

Tourmaline Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,103.59 14,114.53 16,006.58 17,200.91 15,831.88

Competitive Comparison of Tourmaline Oil's Market Cap

For the Oil & Gas E&P subindustry, Tourmaline Oil's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tourmaline Oil's Market Cap distribution charts can be found below:

* The bar in red indicates where Tourmaline Oil's Market Cap falls into.



Tourmaline Oil Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Tourmaline Oil's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$45.06*351.351
=$15,832

Tourmaline Oil's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$45.06*351.351
=$15,832

* 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  (OTCPK:TRMLF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Tourmaline Oil Market Cap Related Terms

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Tourmaline Oil (Tourmaline Oil) Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue S.W., Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

Tourmaline Oil (Tourmaline Oil) Headlines

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