Loading...
TPZ logo

Topaz Energy Corp.TSX:TPZ Stock Report

Market Cap CA$4.8b
Share Price
CA$31.27
CA$34.25
8.7% undervalued intrinsic discount
1Y34.8%
7D3.9%
Portfolio Value
View

Topaz Energy Corp.

TSX:TPZ Stock Report

Market Cap: CA$4.8b

Topaz Energy (TPZ) Stock Overview

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

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

TPZ Community Fair Values

Create Narrative

See what 20 others think this stock is worth. Follow their fair value or set your own to get alerts.

Topaz Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Topaz Energy
Historical stock prices
Current Share PriceCA$31.27
52 Week HighCA$32.46
52 Week LowCA$22.86
Beta0.53
1 Month Change0.58%
3 Month Change8.88%
1 Year Change34.84%
3 Year Change63.12%
5 Year Change112.00%
Change since IPO140.35%

Recent News & Updates

TPZ: Royalty Volumes And Dividends Will Underpin Future Upside Potential

Topaz Energy's analyst fair value estimate has edged up from CA$34.08 to CA$34.25, as analysts factor in a series of recent price target increases from CA$31 to CA$35 that reflect ongoing confidence in the company's earnings profile, despite at least one downgrade headline in the mix. Analyst Commentary Recent Street research on Topaz Energy reflects a mix of optimism and caution, with several analysts adjusting price targets in a fairly tight CA$31 to CA$35 range and at least one downgrade headline appearing alongside those moves.

TPZ: Royalty Volumes And Dividend Profile Will Support Future Upside Potential

Analysts now estimate fair value for Topaz Energy at CA$34.08, a modest adjustment from CA$33.67. Recent target increases across several firms are offset by at least one downgrade that reflects a more measured stance on valuation and forward P/E assumptions.

TPZ: Royalty Volumes And Dividend Profile Will Support Measured Future Upside Potential

Topaz Energy's fair value estimate edges up to CA$33.67 from CA$33.58, as analysts lift price targets into a CA$32.50 to CA$35 range, citing updated views reflected in recent research from Desjardins, RBC Capital, Canaccord, and TD Securities. Analyst Commentary Recent research points to a cluster of higher price targets for Topaz Energy in the CA$32.50 to CA$35 range, which is above the updated fair value estimate of CA$33.67.

TPZ: Royalty Volumes And Dividend Profile Likely Support Steady Future Returns

Topaz Energy's fair value estimate has been revised higher to CA$33.58 from CA$32.85, reflecting the recent series of analyst price target increases in the CA$32.50 to CA$35 range. Analyst Commentary Recent research updates on Topaz Energy cluster in a tight CA$32.50 to CA$35 price target range, which lines up closely with the revised fair value estimate.

Recent updates

TPZ: Royalty Volumes And Dividends Will Underpin Future Upside Potential

Topaz Energy's analyst fair value estimate has edged up from CA$34.08 to CA$34.25, as analysts factor in a series of recent price target increases from CA$31 to CA$35 that reflect ongoing confidence in the company's earnings profile, despite at least one downgrade headline in the mix. Analyst Commentary Recent Street research on Topaz Energy reflects a mix of optimism and caution, with several analysts adjusting price targets in a fairly tight CA$31 to CA$35 range and at least one downgrade headline appearing alongside those moves.

TPZ: Royalty Volumes And Dividend Profile Will Support Future Upside Potential

Analysts now estimate fair value for Topaz Energy at CA$34.08, a modest adjustment from CA$33.67. Recent target increases across several firms are offset by at least one downgrade that reflects a more measured stance on valuation and forward P/E assumptions.

TPZ: Royalty Volumes And Dividend Profile Will Support Measured Future Upside Potential

Topaz Energy's fair value estimate edges up to CA$33.67 from CA$33.58, as analysts lift price targets into a CA$32.50 to CA$35 range, citing updated views reflected in recent research from Desjardins, RBC Capital, Canaccord, and TD Securities. Analyst Commentary Recent research points to a cluster of higher price targets for Topaz Energy in the CA$32.50 to CA$35 range, which is above the updated fair value estimate of CA$33.67.

TPZ: Royalty Volumes And Dividend Profile Likely Support Steady Future Returns

Topaz Energy's fair value estimate has been revised higher to CA$33.58 from CA$32.85, reflecting the recent series of analyst price target increases in the CA$32.50 to CA$35 range. Analyst Commentary Recent research updates on Topaz Energy cluster in a tight CA$32.50 to CA$35 price target range, which lines up closely with the revised fair value estimate.

TPZ: Future Royalty Volumes And Dividend Profile Support Balanced Outlook

Narrative Update on Topaz Energy Analysts have raised their average price target for Topaz Energy by about CA$1.40 to CA$32.85, citing recent upward revisions to targets at CA$35 and CA$33, as well as recalibrated assumptions for discount rate, growth, margins, and future P/E. Analyst Commentary Recent research on Topaz Energy has focused on adjustments to price targets and valuation inputs rather than major shifts in rating stance.

Subdued Growth No Barrier To Topaz Energy Corp.'s (TSE:TPZ) Price

Jan 08
Subdued Growth No Barrier To Topaz Energy Corp.'s (TSE:TPZ) Price

Topaz Energy Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 07
Topaz Energy Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

These 4 Measures Indicate That Topaz Energy (TSE:TPZ) Is Using Debt Reasonably Well

Sep 15
These 4 Measures Indicate That Topaz Energy (TSE:TPZ) Is Using Debt Reasonably Well

Topaz Energy (TSE:TPZ) Is Looking To Continue Growing Its Returns On Capital

Aug 28
Topaz Energy (TSE:TPZ) Is Looking To Continue Growing Its Returns On Capital

Topaz Energy Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 07
Topaz Energy Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt

Apr 08
Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt

Topaz Energy Corp. (TSE:TPZ) Not Lagging Industry On Growth Or Pricing

Mar 21
Topaz Energy Corp. (TSE:TPZ) Not Lagging Industry On Growth Or Pricing

Topaz Energy's (TSE:TPZ) Anemic Earnings Might Be Worse Than You Think

Mar 03
Topaz Energy's (TSE:TPZ) Anemic Earnings Might Be Worse Than You Think

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

Feb 26
Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital

We Ran A Stock Scan For Earnings Growth And Topaz Energy (TSE:TPZ) Passed With Ease

Jan 13
We Ran A Stock Scan For Earnings Growth And Topaz Energy (TSE:TPZ) Passed With Ease
User avatar

Calculated Acquisitions And Clearwater Projects To Drive Significant Revenue Growth

Acquisition from Tourmaline and high operator activity drive potential growth in royalty production, positively impacting revenue and margins.

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

Shareholder Returns

TPZCA Oil and GasCA Market
7D3.9%5.0%0.1%
1Y34.8%57.0%35.1%

Return vs Industry: TPZ underperformed the Canadian Oil and Gas industry which returned 57.1% over the past year.

Return vs Market: TPZ matched the Canadian Market which returned 35% over the past year.

Price Volatility

Is TPZ's price volatile compared to industry and market?
TPZ volatility
TPZ Average Weekly Movement3.1%
Oil and Gas Industry Average Movement9.0%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

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
200613Marty Stapleswww.topazenergy.ca

Topaz Energy Corp. operates as a royalty and infrastructure energy company in Canada. It operates through Royalty Production and Infrastructure segments. The company holds royalty interests on approximately 9 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$4.84b
Earnings (TTM)CA$128.74m
Revenue (TTM)CA$336.50m
37.6x
P/E Ratio
14.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPZ income statement (TTM)
RevenueCA$336.50m
Cost of RevenueCA$6.53m
Gross ProfitCA$329.97m
Other ExpensesCA$201.23m
EarningsCA$128.74m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 05, 2026

Earnings per share (EPS)0.83
Gross Margin98.06%
Net Profit Margin38.26%
Debt/Equity Ratio37.5%

How did TPZ perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
161%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 07:12
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

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 Cormark
null nullBMO Capital Markets Equity Research
Randy OllenbergerBMO Capital Markets Equity Research