Tourmaline Competitors

Pink Sheets . USA . 
Stock . Tourmaline Oil Corp
TRMLF Stock  USD 47.45  0.34  0.72%   
Tourmaline Oil Corp competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, and Ecopetrol; as well as few others. The company classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Analyzing Tourmaline Oil competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tourmaline Oil to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tourmaline Oil Correlation with its peers.
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Tourmaline Oil Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tourmaline Oil and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Tourmaline and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tourmaline Oil Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TGS
+ 0.97
YPF
TTE
+ 0.91
E
BP
+ 0.9
EC
TTE
+ 0.88
BP
BP
+ 0.86
E
EC
+ 0.85
PBR
  
High negative correlations   
TTE
- 0.88
YPF
TGS
- 0.87
TTE
TGS
- 0.79
E
YPF
- 0.77
E
TGS
- 0.72
BP
BP
- 0.66
YPF

Risk-Adjusted Indicators

There is a big difference between Tourmaline Pink Sheet performing well and Tourmaline Oil Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tourmaline Oil's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PBR  1.18 (0.18) 0.00 (0.39) 0.00 
 0.00 
 1.92 
(2.53)
 7.41 
EQNR  1.54 (0.11) 0.00  0.89  0.00 
 0.00 
 3.30 
(4.50)
 8.46 
E  0.97 (0.18) 0.00 (2.95) 0.00 
 0.00 
 1.51 
(2.34)
 4.90 
YPF  2.12  0.85  0.50  1.12  1.09 
(2.83)
 5.61 
(2.51)
 10.08 
EC  1.37 (0.37) 0.00 (1.21) 0.00 
 0.00 
 2.46 
(3.86)
 8.46 
BP  1.19 (0.26) 0.00 (0.48) 0.00 
 0.00 
 1.68 
(3.34)
 7.70 
SHEL  0.97 (0.17) 0.00 (0.69) 0.00 
 0.00 
 1.42 
(2.79)
 5.88 
TTE  1.03 (0.27) 0.00 (1.94) 0.00 
 0.00 
 1.62 
(2.57)
 7.40 
NFG  1.02  0.06  0.01  0.23  1.22 
(1.13)
 2.82 
(1.75)
 8.65 
TGS  2.22  0.73  0.25  3.39  1.94 
(2.48)
 6.42 
(3.08)
 12.65 
All Fundamental Data

Tourmaline Oil Competitive Analysis

The better you understand Tourmaline Oil competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tourmaline Oil's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tourmaline Oil's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TRMLF PBR EQNR E YPF EC BP SHEL TTE NFG
 0.72 
 47.45 
Tourmaline
 0.56 
 14.28 
Petroleo
 0.78 
 24.18 
Equinor
 0.14 
 28.18 
Eni
 1.49 
 40.30 
YPF
 0.12 
 8.03 
Ecopetrol
 0.62 
 29.31 
BP PLC
 0.26 
 64.74 
Shell
 1.45 
 57.99 
TotalEnergies
 0.80 
 63.97 
National
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Very Weak
Strong
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Very Low
Low
Very Low
Low
Very Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Under Valued
Under Valued
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Buy
Buy
Buy
Hold
Buy
Strong Buy
Buy
Buy
Trade Advice
(90 Days Macroaxis Advice)
Hold
Hold
Sell
Sell
Strong Buy
Cautious Hold
Hold
Cautious Hold
Hold
Strong Hold
Current Ratio
0.62
1.31
1.65
1.3
1.04
1.46
1.16
1.39
1.18
0.53
Net Asset
15.29 B
217.07 B
143.58 B
142.61 B
25.04 B
282.28 T
280.29 B
406.27 B
283.65 B
8.32 B
Profit Margin
0.79
0.17
0.0898
0.0278
-0.0602
0.11
0.014
0.0527
0.083
0.0399
EBITDA
3.41 B
51.23 B
50.18 B
17.76 B
4.17 B
59.83 T
43.5 B
68.55 B
50.78 B
682.98 M
Operating Margin
1.01
0.4
0.27
0.0691
0.11
0.27
0.0784
0.1
0.12
0.33
Current Valuation
18.56 B
135.74 B
66.72 B
63.2 B
23.94 B
39.23 B
110.06 B
231.15 B
157.15 B
8.5 B
Price To Book
1.73
1.28
1.5
0.82
1.33
1.04
1.17
1.06
1.12
2.02
Retained Earnings
N/A
32.77 B
56.52 B
38.72 B
4.45 B
20.6 T
35.34 B
203.21 B
126.86 B
1.73 B
Current Asset
N/A
43.43 B
27.95 B
37.49 B
76.97 B
19.87 T
70.02 B
N/A
N/A
306.07 M
Five Year Return
N/A
N/A
3.93
6.18
0.73
4.85
6.49
5.64
6.09
3.4
Beta
1.59
0.91
0.27
0.99
1.47
0.69
0.51
0.49
0.74
0.64
Number Of Employees
322
46.73 K
23.45 K
33.14 K
21.59 K
N/A
87.8 K
103 K
102.58 K
N/A
Shares Outstanding
338.02 M
3.72 B
2.74 B
1.56 B
393.31 M
2.06 B
2.61 B
3.06 B
2.26 B
90.82 M
Cash Flow From Operations
2.85 B
43.21 B
24.7 B
15.12 B
1.77 T
19.8 T
32.04 B
51.87 B
40.68 B
1.07 B
Annual Yield
0.0159
0.12
0.0554
0.0745
N/A
0.37
0.0659
0.0424
0.0573
0.0325
Total Debt
869.57 M
62.6 B
31.8 B
33.11 B
8.86 B
105.82 T
63.08 B
81.54 B
47.87 B
2.78 B
Return On Equity
0.44
0.22
0.2
0.0484
-0.11
0.21
0.0392
0.0837
0.14
0.0267
Z Score
10.2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
0.25
0.11
0.14
0.0361
0.0445
0.079
0.0301
0.0475
0.0531
0.0549
Book Value Per Share
42.97
30.54
16.07
16.15
24117.66
1906.58
3.97
30.15
50.89
31.3
Number Of Shares Shorted
N/A
22.48 M
15.53 M
771.94 K
7.59 M
14.23 M
11.81 M
7.16 M
4.11 M
2.82 M
Current Liabilities
N/A
28.57 B
19.14 B
23.59 B
79.79 B
17.43 T
54.63 B
N/A
N/A
303.74 M
Total Asset
15.29 B
217.07 B
143.58 B
142.61 B
25.04 B
282.28 T
280.29 B
406.27 B
283.65 B
8.32 B
Debt To Equity
0.039
0.68
0.75
0.63
0.74
1.04
0.75
0.43
0.52
1.52
Last Dividend Paid
0.83
6.08
1.4
0.23
N/A
N/A
0.31
1.38
3.62
2.02
Short Ratio
N/A
1.55
3.34
3.12
4.55
5.77
1.19
1.47
2.56
6.16
Target Price
N/A
16.91
28.33
34.75
29.56
9.63
38.87
80.95
76.06
68.0
Shares Owned By Institutions
56.01
19.89
6.06
1.22
49.12
1.3
11.46
12.09
7.07
76.89
Market Capitalization
15.51 B
90.9 B
66.19 B
43.97 B
13.64 B
16.87 B
76.79 B
198.51 B
136.52 B
5.81 B
Price To Earning
31.49
55.7
4.99
2.86
2.1
4.84
15.93
4.91
6.93
11.98
Price To Earnings To Growth
N/A
2.71
3.57
2.58
-0.17
0.3
13.74
2.46
7.12
2.05
Price To Sales
2.63
0.18
0.63
0.48
0.0015
1.0E-4
0.4
0.67
0.64
2.99
Net Income
2.03 B
25.69 B
11.88 B
4.86 B
(1.56 T)
19.06 T
15.24 B
19.36 B
21.38 B
77.51 M
Earnings Per Share
12.37
2.56
3.27
1.61
1.98
1.9
1.0
4.92
7.09
0.84
Shares Owned By Insiders
5.47
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.24
Revenue
5.12 B
105.54 B
106.85 B
94.79 B
17 B
143.08 T
210.13 B
316.62 B
218.94 B
1.94 B
Working Capital
N/A
(6.87 B)
25.86 B
11.39 B
(486 M)
25.05 T
18.07 B
38.65 B
10.74 B
(391.88 M)
Cash And Equivalents
211.05 M
40.6 B
44.34 B
10.15 B
11.94 B
15.4 T
29.2 B
38.97 B
33.03 B
55.45 M
Cash Per Share
0.64
15.37
14.09
9.77
499.52
2.43
10.29
10.6
18.86
4.73
Gross Profit
3.43 B
334.1 B
85.59 B
31.16 B
650.78 B
81.43 T
70.17 B
97.31 B
92.26 B
1.26 B
Day Typical Price
47.41
14.18
24.14
28.21
40.44
8.04
29.26
64.8
57.85
64.1
Accumulation Distribution
0.0117
519006.0
12213.95
1309.09
63111.93
14312.46
30044.33
12323.82
12524.79
3853.38
Market Facilitation Index
0.56
N/A
N/A
0.0
0.0
N/A
N/A
N/A
N/A
0.0
Daily Balance Of Power
0.6071
(0.15)
(0.83)
(0.18)
0.4958
(0.10)
0.9
(0.47)
1.509091
0.5313
Period Momentum Indicator
0.34
(0.08)
(0.19)
(0.04)
0.59
(0.01)
0.18
(0.17)
0.83
0.51
Rate Of Daily Change
1.01
0.99
0.99
1.0
1.01
1.0
1.01
1.0
1.01
1.01
Day Median Price
47.39
14.13
24.13
28.23
40.5
8.04
29.24
64.83
57.79
64.17
Price Action Indicator
0.23
0.11
(0.04)
(0.07)
0.09
(0.01)
0.16
(0.18)
0.62
0.055
Relative Strength Index
49.16
47.54
34.16
40.07
80.73
20.11
35.59
47.03
30.49
41.98
Coefficient Of Variation
2086.51
(1,232)
(1,736)
(751.71)
263.76
(566.82)
(787.94)
(969.60)
(553.96)
946.42
Mean Deviation
1.39
1.18
1.54
0.974
2.12
1.37
1.19
0.9738
1.03
1.02
Jensen Alpha
0.0123
(0.18)
(0.11)
(0.18)
0.8528
(0.37)
(0.26)
(0.17)
(0.27)
0.0594
Total Risk Alpha
(0.22)
(0.38)
(0.46)
(0.38)
0.534
(0.65)
(0.47)
(0.36)
(0.48)
(0.1)
Sortino Ratio
(0.03)
N/A
N/A
N/A
0.5049
N/A
N/A
N/A
N/A
0.0065
Downside Variance
3.06
N/A
N/A
N/A
2.73
N/A
N/A
N/A
N/A
1.91
Standard Deviation
1.74
1.51
2.01
1.22
2.56
1.86
1.56
1.31
1.36
1.39
Kurtosis
(0.1)
1.51
0.4304
(0.19)
(0.14)
1.4
1.27
0.9464
1.23
3.84
Potential Upside
2.45
1.92
3.3
1.51
5.61
2.46
1.68
1.42
1.62
2.82
Treynor Ratio
0.1531
(0.39)
0.8886
(2.95)
1.12
(1.21)
(0.48)
(0.69)
(1.94)
0.2257
Maximum Drawdown
7.5
7.41
8.46
4.9
10.08
8.46
7.7
5.88
7.4
8.65
Variance
3.04
2.28
4.04
1.49
6.57
3.46
2.45
1.72
1.85
1.93
Market Risk Adjusted Performance
0.1631
(0.38)
0.8986
(2.94)
1.13
(1.20)
(0.47)
(0.68)
(1.93)
0.2357
Risk Adjusted Performance
0.0423
(0.06)
(0.04)
(0.1)
0.2968
(0.13)
(0.09)
(0.07)
(0.13)
0.0853
Skewness
0.0198
0.4075
(0.40)
(0.62)
0.545
(0.26)
(1.16)
(0.68)
(0.90)
(0.62)
Semi Deviation
1.67
N/A
N/A
N/A
1.09
N/A
N/A
N/A
N/A
1.22
Information Ratio
(0.03)
(0.17)
(0.13)
(0.25)
0.3255
(0.25)
(0.21)
(0.21)
(0.28)
0.0065
Value At Risk
(2.84)
(2.53)
(4.50)
(2.34)
(2.51)
(3.86)
(3.34)
(2.79)
(2.57)
(1.75)
Expected Short fall
(1.43)
N/A
N/A
N/A
(2.83)
N/A
N/A
N/A
N/A
(1.13)
Downside Deviation
1.75
N/A
N/A
N/A
1.65
N/A
N/A
N/A
N/A
1.38
Semi Variance
2.78
N/A
N/A
N/A
1.19
N/A
N/A
N/A
N/A
1.48

Tourmaline Oil Competition Performance Charts

Five steps to successful analysis of Tourmaline Oil Competition

Tourmaline Oil's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tourmaline Oil Corp in relation to its competition. Tourmaline Oil's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Tourmaline Oil in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tourmaline Oil's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tourmaline Oil Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Tourmaline Pink Sheet

Tourmaline Oil financial ratios help investors to determine whether Tourmaline Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tourmaline with respect to the benefits of owning Tourmaline Oil security.
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