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Tourmaline Oil Corp

Common Name
Tourmaline Oil
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
458
Ticker
TOU
Exchange
TORONTO STOCK EXCHANGE
Description
Tourmaline Oil Corp. is a Canadian independent exploration and production company focused on developing petroleum and natural gas resources in the Western Canadian Sedimentary Basin. Its core assets s...

Tourmaline Oil's GHG Emissions Data Preview

In 2024, Tourmaline Oil completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Tourmaline Oil has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Tourmaline Oil’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Tourmaline Oil’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Tourmaline Oil’s data sources below and access millions more through our Disclosure Search.

a. Tourmaline Oil's Sustainability Report 2024
b. Tourmaline Oil's Sustainability Report 2022

Insights into Tourmaline Oil's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Tourmaline Oil amounted to 3,759,015 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Tourmaline Oil increased by 18.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Tourmaline Oil's Scope 1 Emissions Over Time

2019202020212022202320240950 k1.9 M2.85 M3.8 MtCO2e+3%+26%+13%+5%+19%
  • Total Scope 1
  • Year-over-Year Change

What are Tourmaline Oil's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Tourmaline Oil were 3,668,283 metric tons of CO₂ equivalent (tCO₂e).a

Has Tourmaline Oil reduced its Scope 1 emissions over time?

Since 2019, Tourmaline Oil's Scope 1 emissions have increased by 83.16%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Tourmaline Oil's Scope 1 emissions increased by 18.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Tourmaline Oil's Scope 2 emissions?

In 2024, Tourmaline Oil reported Scope 2 greenhouse gas (GHG) emissions of 90,732 tCO₂e using the location-based method.a

Has Tourmaline Oil reduced its Scope 2 emissions over time?

Since 2019, Tourmaline Oil's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 10.85%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Tourmaline Oil's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Tourmaline Oil's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Tourmaline Oil use for Scope 2 reporting?

In 2024, Tourmaline Oil reported its Scope 2 emissions using the location-based method.a

Tourmaline Oil's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based

Insights into Tourmaline Oil’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Tourmaline Oil reported Scope 1 greenhouse gas (GHG) emissions of 3,668,283 tCO₂e and total revenues of USD 3,928 millions. This translates into an emissions intensity of 933.94 tCO₂e per millions USD.a

Tourmaline Oil's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)VARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MParamount ResourcesYear: 2024Scope 1: 524,527 tCO2eRevenue: $M 1,444Scope 1 Intensity: 363.19 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MEnbridgeYear: 2024Scope 1: 7,532,000 tCO2eRevenue: $M 37,173Scope 1 Intensity: 202.62 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MStrathcona ResourcesYear: 2024Scope 1: 3,577,855 tCO2eRevenue: $M 3,762Scope 1 Intensity: 951.09 tCO2e/$MVVVermilion EnergyYear: 2024Scope 1: 519,051 tCO2eRevenue: $M 1,442Scope 1 Intensity: 359.96 tCO2e/$MAthabasca OilYear: 2023Scope 1: 877,205 tCO2eRevenue: $M 958Scope 1 Intensity: 915.48 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MCamecoYear: 2024Scope 1: 131,381 tCO2eRevenue: $M 1,581Scope 1 Intensity: 83.12 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MTourmaline OilYear: 2024Scope 1: 3,668,283 tCO2eRevenue: $M 3,928Scope 1 Intensity: 933.94 tCO2e/$M

How does Tourmaline Oil's GHG emissions intensity compare to its peers?

In 2024, Tourmaline Oil reported a Scope 1 emissions intensity of 933.94 tCO₂e per millions USD. Compared to the peer group median of 361.58, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Tourmaline Oil rank on GHG emissions intensity within its industry?

In 2024, Tourmaline Oil ranked 21 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Tourmaline Oil among the least efficient performers, with one of the highest emissions intensities in its sector.a

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