Tenaz Energy (TSE:TNZ) Price Target Raised to C$66.00 at National Bankshares

Tenaz Energy (TSE:TNZ) had its target price lifted by National Bankshares from C$52.00 to C$66.00 in a research note published on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Tenaz Energy Stock Performance

Tenaz Energy stock opened at C$40.84 on Tuesday. Tenaz Energy has a 1 year low of C$10.59 and a 1 year high of C$41.13. The company’s 50-day moving average is C$28.01 and its two-hundred day moving average is C$24.59. The company has a current ratio of 1.43, a quick ratio of 2.77 and a debt-to-equity ratio of 10.56. The company has a market cap of C$1.31 billion, a PE ratio of 6.65 and a beta of 1.72.

Tenaz Energy (TSE:TNZ) last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.75 earnings per share for the quarter. Tenaz Energy had a net margin of 2.83% and a return on equity of 1.90%. The business had revenue of C$93.78 million during the quarter. Equities analysts anticipate that Tenaz Energy will post 0.3896418 earnings per share for the current year.

Tenaz Energy Company Profile

Tenaz Energy Corp. (TSX:TNZ) is a public energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders.Tenaz has domestic operations in Canada along with offshore gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc-Woodbend in central Alberta. The Netherlands gas assets are located in the Dutch sector of the North Sea.