• Tourmaline Oil average operating margin for 2024 was 36.49%, a 33.89% decline from 2023.
• Tourmaline Oil average operating margin for 2023 was 55.2%, a 12.67% decline from 2022.
• Tourmaline Oil average operating margin for 2022 was 63.21%, a 4.6% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.