Tourmaline Oil Corp. (TOU) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Termaline Q1 2026 results conference call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star and then the number zero for the operator. This call is being recorded on Thursday, May 7, 2026. I would now like to turn the conference over to Scott Kirker, Chief Legal Officer. Please go ahead. Thank you, Operator, and welcome, everyone, to our discussion of Termaline's financial and operating results as of March 31, 2026, and with the three months ended March 31, 26, and 25. My name is Scott Kirker, and I'm the Chief Legal Officer here at Termaline Oil Corp. Before we get started, I refer you to the advisories on forward-looking statements contained in the news release, as well as the advisories contained in the Termaline Annual Information Forum and our MD&A available on CDAR and on our website. I also draw your attention to the material factors and assumptions in those advisories. I'm here with Mike Rose, Tourmaline's President and Chief Executive Officer, Brian Robinson, our Chief Financial Officer, and Jamie Hurd, Tourmaline's Vice President of Capital Markets. We'll start with Mike speaking to some of the highlights of the last quarter and the full 2025 year. After his remarks, we will be open for questions. Mike, go ahead. Thanks, Scott. Thanks, everybody, for dialing in, and we're pleased to review our Q1 26 results and provide an update on our broad range of activities. The company achieved record production in the first quarter, generated very strong earnings, and our cash flow and free cash flow forecasts for 26 and 27 are steadily moving up. Some sel...