Topaz Energy Past Earnings Performance
Past criteria checks 4/6
Topaz Energy has been growing earnings at an average annual rate of 29.9%, while the Oil and Gas industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 10.8% per year. Topaz Energy's return on equity is 9%, and it has net margins of 39.8%.
Key information
29.94%
Earnings growth rate
26.52%
EPS growth rate
| Oil and Gas Industry Growth | 42.11% |
| Revenue growth rate | 10.84% |
| Return on equity | 8.95% |
| Net Margin | 39.76% |
| Next Earnings Update | 27 Jul 2026 |
Recent past performance updates
Recent updates
Analysis Article • May 11
Analysts Are Betting On Topaz Energy Corp. (TSE:TPZ) With A Big Upgrade This Week
Topaz Energy Corp. ( TSE:TPZ ) shareholders will have a reason to smile today, with the analysts making substantial...
Narrative Update • Apr 26
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.Narrative Update • Apr 11
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.Narrative Update • Mar 26
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.Narrative Update • Mar 12
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.Narrative Update • Feb 26
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.Analysis Article • Jan 08
Subdued Growth No Barrier To Topaz Energy Corp.'s (TSE:TPZ) Price
Topaz Energy Corp.'s ( TSE:TPZ ) price-to-earnings (or "P/E") ratio of 71.5x might make it look like a strong sell...Analysis Article • Nov 07
Topaz Energy Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Last week saw the newest third-quarter earnings release from Topaz Energy Corp. ( TSE:TPZ ), an important milestone in...Analysis Article • Sep 15
These 4 Measures Indicate That Topaz Energy (TSE:TPZ) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 28
Topaz Energy (TSE:TPZ) Is Looking To Continue Growing Its Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • May 07
Topaz Energy Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
As you might know, Topaz Energy Corp. ( TSE:TPZ ) just kicked off its latest quarterly results with some very strong...Analysis Article • Apr 08
Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Mar 21
Topaz Energy Corp. (TSE:TPZ) Not Lagging Industry On Growth Or Pricing
When close to half the companies in the Oil and Gas industry in Canada have price-to-sales ratios (or "P/S") below...Analysis Article • Mar 03
Topaz Energy's (TSE:TPZ) Anemic Earnings Might Be Worse Than You Think
Topaz Energy Corp.'s ( TSE:TPZ ) recent weak earnings report didn't cause a big stock movement. However, we believe...Analysis Article • Feb 26
Topaz Energy (TSE:TPZ) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Analysis Article • Jan 13
We Ran A Stock Scan For Earnings Growth And Topaz Energy (TSE:TPZ) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
New Narrative • Dec 28
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.Analysis Article • Nov 24
Topaz Energy Corp.'s (TSE:TPZ) Shareholders Might Be Looking For Exit
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider Topaz...Analysis Article • Sep 27
Is Topaz Energy (TSE:TPZ) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 25
Returns At Topaz Energy (TSE:TPZ) Are On The Way Up
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Aug 03
Topaz Energy's (TSE:TPZ) Dividend Will Be Increased To CA$0.33
Topaz Energy Corp. ( TSE:TPZ ) will increase its dividend from last year's comparable payment on the 27th of September...Analysis Article • Aug 01
Topaz Energy Corp. Just Recorded A 71% EPS Beat: Here's What Analysts Are Forecasting Next
Investors in Topaz Energy Corp. ( TSE:TPZ ) had a good week, as its shares rose 5.0% to close at CA$25.99 following the...Analysis Article • May 27
Why Investors Shouldn't Be Surprised By Topaz Energy Corp.'s (TSE:TPZ) P/E
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider Topaz...Analysis Article • May 06
We Think You Can Look Beyond Topaz Energy's (TSE:TPZ) Lackluster Earnings
Soft earnings didn't appear to concern Topaz Energy Corp.'s ( TSE:TPZ ) shareholders over the last week. We think that...Analysis Article • Apr 26
The Compensation For Topaz Energy Corp.'s (TSE:TPZ) CEO Looks Deserved And Here's Why
Key Insights Topaz Energy to hold its Annual General Meeting on 2nd of May Total pay for CEO Marty Staples includes...Analysis Article • Mar 31
Investors Will Want Topaz Energy's (TSE:TPZ) Growth In ROCE To Persist
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Topaz Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 339 | 135 | 18 | 0 |
| 31 Dec 25 | 337 | 129 | 18 | 0 |
| 30 Sep 25 | 332 | 131 | 16 | 0 |
| 30 Jun 25 | 329 | 138 | 16 | 0 |
| 31 Mar 25 | 326 | 127 | 15 | 0 |
| 31 Dec 24 | 312 | 106 | 15 | 0 |
| 30 Sep 24 | 313 | 62 | 14 | 0 |
| 30 Jun 24 | 325 | 54 | 13 | 0 |
| 31 Mar 24 | 321 | 46 | 12 | 0 |
| 31 Dec 23 | 321 | 48 | 12 | 0 |
| 30 Sep 23 | 334 | 47 | 10 | 0 |
| 30 Jun 23 | 330 | 56 | 10 | 0 |
| 31 Mar 23 | 366 | 96 | 10 | 0 |
| 31 Dec 22 | 370 | 99 | 10 | 0 |
| 30 Sep 22 | 350 | 97 | 10 | 0 |
| 30 Jun 22 | 325 | 82 | 9 | 0 |
| 31 Mar 22 | 255 | 34 | 9 | 0 |
| 31 Dec 21 | 212 | 28 | 8 | 0 |
| 30 Sep 21 | 167 | 20 | 7 | 0 |
| 30 Jun 21 | 136 | 12 | 6 | 0 |
| 31 Mar 21 | 115 | 10 | 6 | 0 |
| 31 Dec 20 | 100 | 3 | 5 | 0 |
| 31 Dec 19 | 85 | 4 | 9 | 0 |
Quality Earnings: TPZ has high quality earnings.
Growing Profit Margin: TPZ's current net profit margins (39.8%) are higher than last year (39.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPZ's earnings have grown significantly by 29.9% per year over the past 5 years.
Accelerating Growth: TPZ's earnings growth over the past year (5.7%) is below its 5-year average (29.9% per year).
Earnings vs Industry: TPZ earnings growth over the past year (5.7%) exceeded the Oil and Gas industry -10%.
Return on Equity
High ROE: TPZ's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/14 13:37 |
| End of Day Share Price | 2026/05/14 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 24 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.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Cormark |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| null null | BMO Capital Markets Equity Research |