Should I buy or sell Topaz Energy stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Topaz Energy in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPZ shares. View TPZ analyst ratings or view top-rated stocks .

What is Topaz Energy's stock price target for 2024?

10 equities research analysts have issued twelve-month target prices for Topaz Energy's stock. Their TPZ share price targets range from C$23.00 to C$30.00. On average, they anticipate the company's share price to reach C$26.55 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts price targets for TPZ or view top-rated stocks among Wall Street analysts .

How have TPZ shares performed in 2024?

Topaz Energy's stock was trading at C$19.38 at the start of the year. Since then, TPZ shares have increased by 15.9% and is now trading at C$22.47. View the best growth stocks for 2024 here .

When is Topaz Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our TPZ earnings forecast .

How were Topaz Energy's earnings last quarter?

Topaz Energy Corp. (TSE:TPZ) issued its quarterly earnings data on Monday, March, 4th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.07. The firm earned $82.78 million during the quarter, compared to analyst estimates of $79 million. Topaz Energy had a net margin of 14.82% and a trailing twelve-month return on equity of 3.66%.

How often does Topaz Energy pay dividends? What is the dividend yield for Topaz Energy?

Topaz Energy declared a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 15th will be paid a dividend of 0.32 per share on Thursday, March 28th. This represents a $1.28 annualized dividend and a yield of 5.70%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of C$0.31. Read our dividend analysis for TPZ .

Is Topaz Energy a good dividend stock?

Topaz Energy (TSE:TPZ) pays an annual dividend of C$1.28 per share and currently has a dividend yield of 5.72%. TPZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 387.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TPZ .

How do I buy shares of Topaz Energy?

Shares of TPZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:TPZ

Topaz Energy (TPZ) Stock Price, News & Analysis

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Free TPZ Stock Alerts

C$22.47

-0.14 (-0.62%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$22.35
▼
C$22.77
50-Day Range: C$18.70
▼
C$22.80
52-Week Range: C$18.03
▼
C$23.17

Volume: 130,142 shs
Average Volume: 312,553 shs
Market Capitalization: C$3.25 billion

P/E Ratio: 68.09
Dividend Yield: 5.70%
Price Target: C$26.55

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Topaz Energy alerts:

Topaz Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.10 Rating Score
Upside/Downside: 18.1% Upside
C$26.55 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$4.47 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.32 out of 5 stars

3.6

Analyst's Opinion

Consensus Rating
Topaz Energy has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 9 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Topaz Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for TPZ.

1.7

Dividend Strength

Dividend Leadership
Topaz Energy is a leading dividend payer. It pays a dividend yield of 5.72%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Topaz Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Topaz Energy is 387.88%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TPZ.

2.8

News and Social Media Coverage

News Sentiment
Topaz Energy has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Topaz Energy this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 3 people have added Topaz Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Topaz Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$4,470,000.00 in company stock.
Percentage Held by Insiders
35.55% of the stock of Topaz Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.21% of the stock of Topaz Energy is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Topaz Energy is 68.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Topaz Energy is 68.09, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.01.
Price to Book Value per Share Ratio
Topaz Energy has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Topaz Energy Stock (TSE:TPZ)

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. It also involved in the natural gas processing and water management infrastructure activities. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019. Topaz Energy Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.

TPZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TPZ Stock News Headlines

March 30, 2024 | insidertrades.com

Topaz Energy Corp. (TSE:TPZ) Director Sells C$4,470,000.00 in Stock

April 18, 2024 | seekingalpha.com

TPZ:CA Topaz Energy Corp.

April 18, 2024 | Darwin (Ad)

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April 3, 2024 | finance.yahoo.com

Topaz Energy Corp.'s (TSE:TPZ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

March 7, 2024 | msn.com

TOU, TPZ: Best Canadian Energy Stocks, According to Analysts

March 7, 2024 | ca.finance.yahoo.com

Topaz Energy Corp. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

March 6, 2024 | msn.com

Tech shares drag TSX lower for second straight day

March 5, 2024 | realmoney.thestreet.com

Topaz Energy price target raised by C$1 at Canaccord

April 18, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

February 26, 2024 | finance.yahoo.com

Individual investors among Topaz Energy Corp.'s (TSE:TPZ) largest shareholders, saw gain in holdings value after stock jumped 5.1% last week

November 18, 2023 | msn.com

The Best Topaz Build And Play Guide In Honkai: Star Rail

November 5, 2023 | finance.yahoo.com

Returns At Topaz Energy (TSE:TPZ) Are On The Way Up

October 30, 2023 | msn.com

Topaz Energy declares CAD 0.31 dividend

September 22, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp down on Friday (TPZ)

September 18, 2023 | finance.yahoo.com

Topaz Energy Corp. (TSE:TPZ) stock most popular amongst retail investors who own 43%, while public companies hold 31%

September 14, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp flat on Thursday (TPZ)

August 18, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp up on Thursday (TPZ)

August 16, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp up on Wednesday (TPZ)

August 3, 2023 | markets.businessinsider.com

Topaz Energy Corp (TPZ) Receives a Buy from Desjardins

August 1, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp flat on Monday (TPZ)

August 1, 2023 | markets.businessinsider.com

Topaz Energy Corp (TPZ) Receives a Rating Update from a Top Analyst

July 31, 2023 | finance.yahoo.com

TOPAZ ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS, DECLARES INCREASED THIRD QUARTER DIVIDEND AND CLOSING OF TUCK-IN CORE AREA ACQUISITION

July 31, 2023 | msn.com

TSX futures subdued as investors await earnings, data

July 29, 2023 | theglobeandmail.com

Closing Bell: Topaz Energy Corp up on Friday (TPZ)

July 27, 2023 | finance.yahoo.com

TOPAZ ANNOUNCES TUCK-IN ACQUISITION OF INFRASTRUCTURE AND ROYALTY ASSETS IN CORE OPERATING AREAS

July 10, 2023 | markets.businessinsider.com

RBC Capital’s Take on This Canadian Energy Company

June 17, 2023 | finance.yahoo.com

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

See More Headlines

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Company Calendar

Last Earnings: 3/04/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Current Symbol: TSE:TPZ
CUSIP: N/A
CIK: N/A
Web: cef.tortoiseadvisors.com
Phone: 19139811020
Fax: N/A
Employees: 8
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$26.55
High Stock Price Target: C$30.00
Low Stock Price Target: C$23.00
Potential Upside/Downside: +18.2%
Consensus Rating: Buy
Rating Score (0-4): 3.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.33
Trailing P/E Ratio: 68.06
Forward P/E Ratio: 79.69
P/E Growth: N/A
Net Income: C$47.64 million
Net Margins: 14.82%
Pretax Margin: N/A
Return on Equity: 3.66%
Return on Assets: 3.54%

Debt

Debt-to-Equity Ratio: 31.49
Current Ratio: 8.52
Quick Ratio: 7.17

Sales & Book Value

Annual Sales: C$321.42 million
Price / Sales: 10.12
Cash Flow: C$0.05 per share
Price / Cash Flow: 417.86
Book Value: C$8.59 per share
Price / Book: 2.61

Miscellaneous

Outstanding Shares: 144,800,000
Free Float: N/A
Market Cap: C$3.25 billion
Optionable: Not Optionable
Beta: 0.48

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Key Executives

Mr. Marty Staples (Age 48)
President, CEO & Director
Comp: $2.47M
Ms. Cheree Stephenson C.A. (Age 44)
CPA, VP of Finance & CFO
Comp: $1.88M
Mr. Robert N. Yurkovich
Executive Vice President of Exploration
Mr. Warren Orban
Business Development Manager

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

TPZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Topaz Energy stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Topaz Energy in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPZ shares.
View TPZ analyst ratings or view top-rated stocks.
What is Topaz Energy's stock price target for 2024?: 10 equities research analysts have issued twelve-month target prices for Topaz Energy's stock. Their TPZ share price targets range from C$23.00 to C$30.00. On average, they anticipate the company's share price to reach C$26.55 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for TPZ or view top-rated stocks among Wall Street analysts.
How have TPZ shares performed in 2024?: Topaz Energy's stock was trading at C$19.38 at the start of the year. Since then, TPZ shares have increased by 15.9% and is now trading at C$22.47.
View the best growth stocks for 2024 here.
When is Topaz Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our TPZ earnings forecast.

How were Topaz Energy's earnings last quarter?: Topaz Energy Corp. (TSE:TPZ) issued its quarterly earnings data on Monday, March, 4th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.07. The firm earned $82.78 million during the quarter, compared to analyst estimates of $79 million. Topaz Energy had a net margin of 14.82% and a trailing twelve-month return on equity of 3.66%.
How often does Topaz Energy pay dividends? What is the dividend yield for Topaz Energy?: Topaz Energy declared a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 15th will be paid a dividend of 0.32 per share on Thursday, March 28th. This represents a $1.28 annualized dividend and a yield of 5.70%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of C$0.31.
Read our dividend analysis for TPZ.
Is Topaz Energy a good dividend stock?: Topaz Energy (TSE:TPZ) pays an annual dividend of C$1.28 per share and currently has a dividend yield of 5.72%. TPZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 387.88%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TPZ.
How do I buy shares of Topaz Energy?: Shares of TPZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TPZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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Topaz Energy (TPZ) Stock Price, News & Analysis

Topaz Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Topaz Energy Stock (TSE:TPZ)

TPZ Stock Price History

TPZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TPZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™