Topaz Energy (TSX:TPZ) - Stock Price, News & Analysis

TPZ Stock Overview

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada.

TPZ fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 58.6% below our estimate of its fair value

Earnings are forecast to grow 19.8% per year

Analysts in good agreement that stock price will rise by 22.3%

Risk Analysis

Profit margins (14.8%) are lower than last year (26.9%)

Dividend of 5.71% is not well covered by earnings

Topaz Energy Corp. Competitors

Peyto Exploration & Development

TSX:PEY

CA$2.9b

Paramount Resources

TSX:POU

CA$4.3b

NuVista Energy

TSX:NVA

CA$2.6b

Freehold Royalties

TSX:FRU

CA$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Topaz Energy
Historical stock prices
Current Share Price	CA$22.40
52 Week High	CA$23.17
52 Week Low	CA$18.03
Beta	0.52
1 Month Change	3.90%
3 Month Change	16.24%
1 Year Change	16.91%
3 Year Change	55.23%
5 Year Change	n/a
Change since IPO	72.18%

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

Mar 31

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

Mar 08

Recent updates

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

Mar 31

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

Mar 08

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

Feb 18

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

Dec 07

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

Nov 16

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

Sep 13

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

Aug 02

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Jul 20

Here's Why I Think Topaz Energy (TSE:TPZ) Might Deserve Your Attention Today

Jun 02

Analysts Just Made A Huge Upgrade To Their Topaz Energy Corp. (TSE:TPZ) Forecasts

May 08

There's Been No Shortage Of Growth Recently For Topaz Energy's (TSE:TPZ) Returns On Capital

Mar 22

Here's Why We Think Topaz Energy (TSE:TPZ) Is Well Worth Watching

Jan 24

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Dec 03

Topaz Energy (TSE:TPZ) Is Increasing Its Dividend To CA$0.24

Nov 16

Shareholder Returns

	TPZ	CA Oil and Gas	CA Market
7D	-1.3%	-0.8%	-0.6%
1Y	16.9%	14.1%	3.9%

Return vs Industry: TPZ exceeded the Canadian Oil and Gas industry which returned 14.1% over the past year.

Return vs Market: TPZ exceeded the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is TPZ's price volatile compared to industry and market?
TPZ volatility
TPZ Average Weekly Movement	2.8%
Oil and Gas Industry Average Movement	6.9%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2006	n/a	Marty Staples	topazenergy.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 cap	CA$3.24b
Earnings (TTM)	CA$47.64m
Revenue (TTM)	CA$321.42m

68.1x

P/E Ratio

10.1x

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)
Revenue	CA$321.42m
Cost of Revenue	CA$6.90m
Gross Profit	CA$314.52m
Other Expenses	CA$266.88m
Earnings	CA$47.64m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)	0.33
Gross Margin	97.85%
Net Profit Margin	14.82%
Debt/Equity Ratio	31.5%

How did TPZ perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

370%

Payout Ratio

TPZ Stock Overview

Rewards

Risk Analysis

Topaz Energy Corp. Competitors

TSX:PEY

CA$2.9b

TSX:POU

CA$4.3b

TSX:NVA

CA$2.6b

TSX:FRU

CA$2.1b

Price History & Performance

Recent News & Updates

Consensus EPS estimates increase by 68%

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

Fourth quarter dividend of CA$0.32 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Topaz Energy Corp. Provides Production Guidance for the Year 2024

Recent updates

Consensus EPS estimates increase by 68%

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

Fourth quarter dividend of CA$0.32 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Topaz Energy Corp. Provides Production Guidance for the Year 2024

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

Upcoming dividend of CA$0.31 per share at 6.5% yield

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Topaz Energy Corp. Declares Fourth Quarter Dividend, Payable on December 29, 2023

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

Now 20% undervalued

Upcoming dividend of CA$0.31 per share at 5.7% yield

Insufficient new directors

Now 20% undervalued

Consensus EPS estimates increase by 14%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Topaz Energy Corp. (TSX:TPZ) acquired a 49.9% working interest in a newly constructed and commissioned sweet natural gas processing facility for CAD 39.5 million.

Topaz Energy Corp. (TSX:TPZ) entered into definitive agreements to acquire a 49.9% working interest in a newly constructed and commissioned sweet natural gas processing facility for CAD 39.5 million.

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

Consensus EPS estimates fall by 16%

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

Topaz Energy Corp Appoints Jim Davidson as Directors

Upcoming dividend of CA$0.30 per share at 5.6% yield

Consensus EPS estimates fall by 25%

Topaz Energy Corp. to Report Q3, 2023 Results on Oct 30, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

President recently bought CA$56k worth of stock

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

Consensus EPS estimates fall by 39%

Upcoming dividend of CA$0.30 per share at 6.1% yield

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

Full year 2022 earnings: EPS misses analyst expectations

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

Director exercised options to buy CA$1.4m worth of stock.

Chairman recently bought CA$210k worth of stock

Now 22% undervalued after recent price drop

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

Upcoming dividend of CA$0.30 per share

VP of Finance & CFO recently sold CA$84k worth of stock

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

High number of new directors

Now 21% undervalued

Third quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.039 in 3Q 2021)

Topaz Energy Corp. Declares Fourth Quarter Dividend, Payable on December 30, 2022

Topaz Energy Corp. Announces Dividend, Payable on September 29, 2022

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

Topaz Energy Corp. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of CA$0.28 per share

Director exercised options to buy CA$1.4m worth of stock.

Now 22% undervalued after recent price drop

Consensus EPS estimates increase by 21%

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

Topaz Energy Corp. Declares Third Quarter Dividend Payable on September 30, 2022

Topaz Energy Corp. Reaffirms Production Guidance for the Full Year December 31, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Topaz Energy (TSE:TPZ) Might Have The Makings Of A Multi-Bagger

Consensus EPS estimates increase by 13%