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TAG Oil TSXV:TAO Stock Report

Last Price

CA$0.14

Market Cap

CA$25.0m

7D

-6.9%

1Y

-70.3%

Updated

22 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

TAG Oil Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for TAG Oil
Historical stock prices
Current Share PriceCA$0.14
52 Week HighCA$0.64
52 Week LowCA$0.13
Beta0.036
1 Month Change-15.63%
3 Month Change-49.06%
1 Year Change-70.33%
3 Year Change-60.87%
5 Year Change-63.51%
Change since IPO-99.23%

Recent News & Updates

Recent updates

We Think TAG Oil (CVE:TAO) Needs To Drive Business Growth Carefully

May 09
We Think TAG Oil (CVE:TAO) Needs To Drive Business Growth Carefully

Is TAG Oil (CVE:TAO) In A Good Position To Deliver On Growth Plans?

Jan 23
Is TAG Oil (CVE:TAO) In A Good Position To Deliver On Growth Plans?

Will TAG Oil (CVE:TAO) Spend Its Cash Wisely?

Oct 07
Will TAG Oil (CVE:TAO) Spend Its Cash Wisely?

TAG Oil (CVE:TAO) Is In A Good Position To Deliver On Growth Plans

May 22
TAG Oil (CVE:TAO) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About TAG Oil's (CVE:TAO) Cash Burn Rate

Feb 02
We're Not Very Worried About TAG Oil's (CVE:TAO) Cash Burn Rate

TAG Oil (CVE:TAO) Is In A Good Position To Deliver On Growth Plans

Aug 05
TAG Oil (CVE:TAO) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

TAOCA Oil and GasCA Market
7D-6.9%-3.5%-2.6%
1Y-70.3%11.2%15.2%

Return vs Industry: TAO underperformed the Canadian Oil and Gas industry which returned 11.3% over the past year.

Return vs Market: TAO underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is TAO's price volatile compared to industry and market?
TAO volatility
TAO Average Weekly Movement12.3%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: TAO's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199012Abby Badwiwww.tagoil.com

TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, the Middle East, and North Africa. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd.

TAG Oil Ltd. Fundamentals Summary

How do TAG Oil's earnings and revenue compare to its market cap?
TAO fundamental statistics
Market capCA$24.99m
Earnings (TTM)-CA$9.73m
Revenue (TTM)CA$615.33k

40.6x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TAO income statement (TTM)
RevenueCA$615.33k
Cost of RevenueCA$1.69m
Gross Profit-CA$1.07m
Other ExpensesCA$8.66m
Earnings-CA$9.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.053
Gross Margin-174.16%
Net Profit Margin-1,581.26%
Debt/Equity Ratio0%

How did TAO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:58
End of Day Share Price 2024/12/20 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

TAG Oil Ltd. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kirk WilsonBeacon Securities Limited
David PhungCredit Suisse
David DudlykeEight Capital