Topaz Energy (TPZ) Stock Price, News & Analysis

Company Overview

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019. Topaz Energy Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$28.74 to C$29.47
• 50-Day Range: C$24.81 to C$28.55
• 52-Week Range: C$18.03 to C$29.47
• Volume: 99,963 shs
• Average Volume: 267,269 shs
• Market Capitalization: C$4.27 billion
• P/E Ratio: 79.57
• Dividend Yield: 4.48%
• Price Target: C$31.13
• Consensus Rating: Moderate Buy

Topaz Energy Stock Analysis - MarketRank™

Topaz Energy scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Topaz Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Topaz Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Topaz Energy is 78.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Topaz Energy is 78.38, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 109.55.

Price to Book Value per Share Ratio

Topaz Energy has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TPZ.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Topaz Energy is a leading dividend payer. It pays a dividend yield of 4.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Topaz Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Topaz Energy is 356.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TPZ.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Topaz Energy has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Topaz Energy this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for TPZ on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

4 people have added Topaz Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Topaz Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.66% of the stock of Topaz Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.50% of the stock of Topaz Energy is held by institutions.

TPZ Stock Analysis - Frequently Asked Questions

How have TPZ shares performed this year?

Topaz Energy's stock was trading at C$19.38 on January 1st, 2024. Since then, TPZ stock has increased by 49.6% and is now trading at C$29.00.
View the best growth stocks for 2024 here.

How were Topaz Energy's earnings last quarter?

Topaz Energy Corp. (TSE:TPZ) issued its quarterly earnings results on Thursday, July, 29th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by $0.03. Topaz Energy had a trailing twelve-month return on equity of 4.39% and a net margin of 16.70%.

How do I buy shares of Topaz Energy?

Shares of TPZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Topaz Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Topaz Energy investors own include NVIDIA (NVDA), PayPal (PYPL), TELUS (T), Enbridge (ENB), Bank of Nova Scotia (BNS), Whitecap Resources (WCP) and Freehold Royalties (FRU).

Company Calendar

• Last Earnings: 7/29/2021
• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Midstream
• Sub-Industry: N/A
• Current Symbol: TSE:TPZ
• CUSIP: N/A
• CIK: N/A
• Web: cef.tortoiseadvisors.com
• Phone: 19139811020
• Fax: N/A
• Employees: 8
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$31.13
• High Stock Price Target: C$35.00
• Low Stock Price Target: C$27.00
• Potential Upside/Downside: +9.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.90
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.37
• Trailing P/E Ratio: 77.16
• Forward P/E Ratio: 141.35
• P/E Growth: N/A
• Net Income: C$54.30 million
• Net Margins: 16.70%
• Pretax Margin: N/A
• Return on Equity: 4.39%
• Return on Assets: 3.99%

Debt

• Debt-to-Equity Ratio: 37.52
• Current Ratio: 2.12
• Quick Ratio: 7.17

Sales & Book Value

• Annual Sales: C$325.17 million
• Price / Sales: 12.72
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 417.86
• Book Value: C$8.14 per share
• Price / Book: 3.51

Miscellaneous

• Outstanding Shares: 144,880,000
• Free Float: N/A
• Market Cap: C$4.14 billion
• Optionable: Not Optionable
• Beta: 0.50