Corporate Presentations
News Releases
- Tourmaline Delivers Strong Free Cash Flow in the Third Quarter, Updates Five-Year EP Plan and Declares a Special Dividend
- Tourmaline and Clean Energy Open New CNG Stations, Advancing Western Canada’s First Commercial-Grade Natural Gas Fueling Corridor
- Tourmaline Announces Closing of Crew Energy Acquisition and Gross Overriding Royalty Sale to Topaz Energy
Base Dividend
Tourmaline’s current quarterly base dividend payment is as follows:
September 3, 2024
Declaration date
September 13, 2024
Record date
September 27, 2024
Payment date
$0.35
Amount (C$ per common share)
Special Dividend
Tourmaline’s current special dividend payment is as follows:
November 6, 2024
Declaration date
November 15, 2024
Record date
November 26, 2024
Payment date
$0.50
Amount (C$ per common share)
Eligibility of Dividends for Canadian Tax Purposes
All dividends paid by Tourmaline are designated as “eligible dividends” for Canadian tax purposes. This designation will apply until a notification of a change is posted on this website.
Hedging Summary
The Board of Directors has overall responsibility for the establishment and oversight of the Company’s risk management framework. The Company’s risk management policies are established to identify and analyze the risks faced by the Company, to set appropriate risk limits and controls, and to monitor risks and adherence to market conditions and the Company’s activities. As part of its approach to risk management, the Company has entered into certain financial derivative contracts in order to manage commodity risk.