Katie Beck - Tourmaline Oil Corp Counsel

TRMLF Stock  USD 46.68  0.43  0.91%   

Insider

Katie Beck is Corp Counsel of Tourmaline Oil Corp
Phone403-266-5992
Webhttps://www.tourmalineoil.com

Tourmaline Oil Management Efficiency

The company has return on total asset (ROA) of 0.2523 % which means that it generated a profit of $0.2523 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4386 %, meaning that it generated $0.4386 on every $100 dollars invested by stockholders. Tourmaline Oil's management efficiency ratios could be used to measure how well Tourmaline Oil manages its routine affairs as well as how well it operates its assets and liabilities.
Tourmaline Oil Corp has accumulated 869.57 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Tourmaline Oil Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tourmaline Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Tourmaline Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tourmaline Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tourmaline to invest in growth at high rates of return. When we think about Tourmaline Oil's use of debt, we should always consider it together with cash and equity.

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Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. The company was incorporated in 2008 and is headquartered in Calgary, Canada. TOURMALINE OIL operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 322 people. Tourmaline Oil Corp [TRMLF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Tourmaline Oil Corp Leadership Team

Elected by the shareholders, the Tourmaline Oil's board of directors comprises two types of representatives: Tourmaline Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tourmaline. The board's role is to monitor Tourmaline Oil's management team and ensure that shareholders' interests are well served. Tourmaline Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tourmaline Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Robinson, CFO, VP of Fin. and Director
Michael PGeol, Pres Chairman
Colin Frostad, VP Exploration
Katie Beck, Corp Counsel
William Kirker, Chief Affairs
Allan Bush, COO and VP of Operations
Sherra Aspin, Vice President of Marketing
Sarah Tait, Controller

Tourmaline Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Tourmaline Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.