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Tethys Petroleum LimitedTSXV:TPL Stock Report

Market Cap CA$156.2m
Share Price
CA$1.36
CA$0.32
318.8% overvalued intrinsic discount
1Y-2.9%
7D-4.2%
1D
Portfolio Value
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Tethys Petroleum Limited

TSXV:TPL Stock Report

Market Cap: CA$156.2m

Tethys Petroleum (TPL) Stock Overview

Engages in the acquisition, exploration, and development of crude oil and natural gas fields in Kazakhstan. More details

TPL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Price-To-Earnings ratio (17x) is below the Oil and Gas industry average (26x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months compared to the Canadian market


TPL Community Fair Values

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Tethys Petroleum Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tethys Petroleum
Historical stock prices
Current Share PriceCA$1.36
52 Week HighCA$2.00
52 Week LowCA$0.79
Beta-0.62
1 Month Change-14.47%
3 Month Change-21.84%
1 Year Change-2.86%
3 Year Change91.55%
5 Year Change119.35%
Change since IPO-95.05%

Recent News & Updates

Recent updates

Analysis Article • Jun 22

Lacklustre Performance Is Driving Tethys Petroleum Limited's (CVE:TPL) 27% Price Drop

Tethys Petroleum Limited ( CVE:TPL ) shareholders that were waiting for something to happen have been dealt a blow with...
Analysis Article • Apr 24

The Market Lifts Tethys Petroleum Limited (CVE:TPL) Shares 45% But It Can Do More

Despite an already strong run, Tethys Petroleum Limited ( CVE:TPL ) shares have been powering on, with a gain of 45% in...
Analysis Article • Mar 25

Tethys Petroleum (CVE:TPL) Is Achieving High Returns On Its Capital

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 • Feb 27

Tethys Petroleum Limited (CVE:TPL) Could Be Riskier Than It Looks

Tethys Petroleum Limited's ( CVE:TPL ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a buy right now...
Analysis Article • Nov 02

We Like Tethys Petroleum's (CVE:TPL) Returns And Here's How They're Trending

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article • May 31

There's No Escaping Tethys Petroleum Limited's (CVE:TPL) Muted Earnings

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 12x, you may consider...
Analysis Article • May 05

We Think Tethys Petroleum (CVE:TPL) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Dec 13

Tethys Petroleum (CVE:TPL) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Nov 02

The Strong Earnings Posted By Tethys Petroleum (CVE:TPL) Are A Good Indication Of The Strength Of The Business

Tethys Petroleum Limited ( CVE:TPL ) recently posted some strong earnings, and the market responded positively. We did...
Analysis Article • Aug 04

Is Tethys Petroleum (CVE:TPL) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Apr 29

Tethys Petroleum (CVE:TPL) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article • Mar 18

Is Tethys Petroleum (CVE:TPL) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Nov 23

We Think Tethys Petroleum (CVE:TPL) Has A Fair Chunk Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Mar 19

Can Tethys Petroleum (CVE:TPL) Continue To Grow Its Returns On Capital?

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...

Shareholder Returns

TPLCA Oil and GasCA Market
7D-4.2%0.9%1.6%
1Y-2.9%56.6%33.7%

Return vs Industry: TPL underperformed the Canadian Oil and Gas industry which returned 56.7% over the past year.

Return vs Market: TPL underperformed the Canadian Market which returned 33.7% over the past year.

Price Volatility

Is TPL's price volatile compared to industry and market?
TPL volatility
TPL Average Weekly Movement15.6%
Oil and Gas Industry Average Movement8.6%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market3.9%

Stable Share Price: TPL's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: TPL's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003254Bill Wellswww.tethys-group.com

Tethys Petroleum Limited engages in the acquisition, exploration, and development of crude oil and natural gas fields in Kazakhstan. It also produces and sells crude oil and natural gas. The company was formerly known as Tethys Petroleum Investments Limited and changed its name to Tethys Petroleum Limited in September 2006.

Tethys Petroleum Limited Fundamentals Summary

How do Tethys Petroleum's earnings and revenue compare to its market cap?
TPL fundamental statistics
Market capCA$156.21m
Earnings (TTM)CA$9.21m
Revenue (TTM)CA$36.49m
17.0x
P/E Ratio
4.3x
P/S Ratio

Is TPL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPL income statement (TTM)
RevenueUS$26.42m
Cost of RevenueUS$7.64m
Gross ProfitUS$18.78m
Other ExpensesUS$12.11m
EarningsUS$6.67m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.058
Gross Margin71.08%
Net Profit Margin25.23%
Debt/Equity Ratio0%

How did TPL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 12:04
End of Day Share Price 2026/05/22 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

Tethys Petroleum Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephane Guy FoucaudAuctus Advisors LLP
William ForbesEdison Investment Research
Miramgul MaralovaJSC Halyk Finance