Tourmaline Oil Corp, founded in 2008 and headquartered in Calgary, Alberta, is a leading Canadian natural gas and oil producer focused on efficient and sustainable resource development. The company primarily engages in the exploration, production, and development of natural gas and oil reserves, with a strong emphasis on maximizing shareholder value through prudent capital management and operational excellence.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TOUCN 2.08% 2028-01-25 CADTourmaline Oil Corp | Canada | 2028-01-25 | 2.077 | 2.99 |
| TOUCN 2.53% 2029-02-12 CADTourmaline Oil Corp | Canada | 2029-02-12 | 2.529 | 3.27 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tourmaline Oil Corp has a history of active bond issuances, first entering the bond market in 2013. Notably, the company issued a $1 billion senior unsecured note in 2021 to refinance existing debt and fund expansion projects, demonstrating confidence in its growth trajectory. With current bond yields around 3.5%, Tourmaline's debt instruments generally compare favorably to the industry averages, reflecting solid credit ratings and investor trust. Recent market activities include a successful issuance of green bonds aimed at funding environmentally sustainable projects, underscoring the company's commitment to responsible energy development.