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Topaz Energy TSX:TPZ Stock Report

Last Price

CA$27.66

Market Cap

CA$4.1b

7D

3.2%

1Y

42.7%

Updated

30 Dec, 2024

Data

Company Financials +

Topaz Energy Corp.

TSX:TPZ Stock Report

Market Cap: CA$4.1b

TPZ Stock Overview

Operates as a royalty and energy infrastructure company in Canada. More details

TPZ fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends1/6

Rewards

Trading at 45.6% below our estimate of its fair value

Earnings are forecast to grow 3.29% per year

Earnings grew by 30.8% over the past year

Risk Analysis

Dividend of 4.77% is not well covered by earnings or free cash flows

Shareholders have been diluted in the past year


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 11 Analysts

Calculated Acquisitions And Clearwater Projects To Drive Significant Revenue Growth

Key Takeaways Acquisition from Tourmaline and high operator activity drive potential growth in royalty production, positively impacting revenue and margins. Strategic investments and buyout financing enhance operations and revenue without excessive debt, boosting long-term earnings and predictability.
View narrative
CA$32.05
FV
13.7% undervalued intrinsic discount
12.96%
Revenue growth p.a.
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2 days ago author updated this narrative

Topaz Energy Corp. Competitors

Veren

TSX:VRN

CA$4.4b

Paramount Resources

TSX:POU

CA$4.5b

Whitecap Resources

TSX:WCP

CA$5.9b

NuVista Energy

TSX:NVA

CA$2.7b

Price History & Performance

Summary of share price highs, lows and changes for Topaz Energy
Historical stock prices
Current Share PriceCA$27.66
52 Week HighCA$29.51
52 Week LowCA$18.59
Beta0.50
1 Month Change-0.65%
3 Month Change5.86%
1 Year Change42.72%
3 Year Change54.96%
5 Year Changen/a
Change since IPO112.61%

Recent News & Updates

Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit

Nov 24
Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit

Recent updates

Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit

Nov 24
Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit

Is Topaz Energy (TSE:TPZ) Using Too Much Debt?

Sep 27
Is Topaz Energy (TSE:TPZ) Using Too Much Debt?

Returns At Topaz Energy (TSE:TPZ) Are On The Way Up

Aug 25
Returns At Topaz Energy (TSE:TPZ) Are On The Way Up

Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33

Aug 03
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33

Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 01
Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next

Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E

May 27
Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E

We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings

May 06
We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings

The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why

Apr 26
The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why

Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist

Mar 31
Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist

Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 08
Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Topaz Energy (TSE:TPZ) A Risky Investment?

Feb 16
Is Topaz Energy (TSE:TPZ) A Risky Investment?

Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Oct 11
Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Jul 22
Calculating The Intrinsic Value Of Topaz Energy Corp. (TSE:TPZ)

Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

Jun 30
Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Mar 19
Returns On Capital Are Showing Encouraging Signs At Topaz Energy (TSE:TPZ)

Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30

Mar 04
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.30

Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Feb 18
Topaz Energy Corp. (TSE:TPZ) Shares Could Be 39% Below Their Intrinsic Value Estimate

Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Dec 07
Topaz Energy Corp.'s (TSE:TPZ) Price In Tune With Earnings

Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

Nov 16
Topaz Energy (TSE:TPZ) Has Announced That It Will Be Increasing Its Dividend To CA$0.30

Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 13
Topaz Energy's (TSE:TPZ) Shareholders Will Receive A Bigger Dividend Than Last Year

Shareholder Returns

TPZCA Oil and GasCA Market
7D3.2%2.0%0.9%
1Y42.7%14.2%15.7%

Return vs Industry: TPZ exceeded the Canadian Oil and Gas industry which returned 14.2% over the past year.

Return vs Market: TPZ exceeded the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is TPZ's price volatile compared to industry and market?
TPZ volatility
TPZ Average Weekly Movement3.0%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TPZ has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TPZ's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aMarty Staplestopazenergy.ca

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.

Topaz Energy Corp. Fundamentals Summary

How do Topaz Energy's earnings and revenue compare to its market cap?
TPZ fundamental statistics
Market capCA$4.15b
Earnings (TTM)CA$61.60m
Revenue (TTM)CA$313.00m

68.9x

P/E Ratio

13.6x

P/S Ratio

Is TPZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPZ income statement (TTM)
RevenueCA$313.00m
Cost of RevenueCA$6.73m
Gross ProfitCA$306.27m
Other ExpensesCA$244.67m
EarningsCA$61.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin97.85%
Net Profit Margin19.68%
Debt/Equity Ratio36.4%

How did TPZ perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

301%

Payout Ratio

Does TPZ pay a reliable dividends?

See TPZ dividend history and benchmarks
When do you need to buy TPZ by to receive an upcoming dividend?
Topaz Energy dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend18 days
Days until Dividend pay date0 days

Does TPZ pay a reliable dividends?

See TPZ dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:13
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Topaz Energy Corp. is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Randy OllenbergerBMO Capital Markets Equity Research
Jeremy McCreaBMO Capital Markets Equity Research