EarningsTourmaline generated $262 million in revenue related to physical hedges, driving a realized gas price of $3.34/mcf, a 94% premium to AECO.
Financial PerformanceTourmaline's deep resource base and extensive gas processing infrastructure provides a long-term advantage, preserving more than $350 million per year in cash flow.
Shareholder ReturnsTourmaline currently returns cash to shareholders through its reliable base dividend and quarterly special dividend, targeting returns of over 10%.