The WACC of Tourmaline Oil Corp (TOU.TO) is 9.1%.
| Range | Selected | |
| Cost of equity | 8.10% - 10.30% | 9.20% |
| Tax rate | 14.60% - 21.40% | 18.00% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 8.0% - 10.1% | 9.1% |
| Category | Low | High |
| Long-term bond rate | 3.6% | 4.1% |
| Equity market risk premium | 5.5% | 6.5% |
| Adjusted beta | 0.83 | 0.89 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 10.30% |
| Tax rate | 14.60% | 21.40% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 8.0% | 10.1% |
| Selected WACC | 9.1% | |