Topaz Energy (TSE:TPZ) Given New C$33.00 Price Target at ATB Cormark Capital Markets

Topaz Energy (TSE:TPZ) had its price objective lifted by ATB Cormark Capital Markets from C$31.00 to C$33.00 in a report released on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts have also commented on the company. Raymond James Financial raised their price target on Topaz Energy from C$32.00 to C$34.00 in a report on Tuesday, December 9th. Scotiabank upgraded shares of Topaz Energy to a “strong-buy” rating in a research report on Friday, November 28th. National Bank Financial set a C$33.50 target price on shares of Topaz Energy and gave the company an “outperform” rating in a research note on Friday, January 9th. Finally, Jefferies Financial Group dropped their price target on shares of Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$32.81.

Topaz Energy Stock Down 0.2%

TPZ opened at C$30.53 on Wednesday. Topaz Energy has a 12 month low of C$21.00 and a 12 month high of C$31.16. The company has a debt-to-equity ratio of 36.45, a current ratio of 1.89 and a quick ratio of 7.17. The stock has a market cap of C$4.70 billion, a P/E ratio of 82.51 and a beta of 0.27. The stock’s 50 day moving average price is C$28.09 and its 200 day moving average price is C$26.73.

Topaz Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a $0.34 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.36 annualized dividend and a yield of 4.5%. Topaz Energy’s payout ratio is 362.16%.

More Topaz Energy News

Here are the key news stories impacting Topaz Energy this week:

• Positive Sentiment: Company guidance and results point to operational strength — Topaz reported 2026 guidance and Q4 2025 results that include 10% reserves growth and 1.5x reserve replacement, a fundamentals-driven positive for future cash flow and production visibility. TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS
• Positive Sentiment: Canaccord Genuity raised its TPZ target to C$35.00 and reiterated a Buy rating, implying ~13–14% upside vs. recent levels — a bullish signal from a major independent energy analyst. BayStreet.CA
• Positive Sentiment: Raymond James increased its target to C$35.00 and maintains an Outperform call, another notable upward revision supporting consensus analyst optimism. BayStreet.CA
• Positive Sentiment: CIBC raised its target to C$33.50 and moved to Outperform, reinforcing institutional buy-side support; coverage of the move also appears on TickerReport. BayStreet.CA TickerReport
• Positive Sentiment: TD Securities bumped its target to C$33.00 and upgraded to Buy, adding to the string of upgrades and supporting near-term upside expectations. BayStreet.CA
• Positive Sentiment: ATB Cormark raised its target to C$33.00 and rates the stock Outperform, rounding out multiple upward revisions from Canadian brokers. BayStreet.CA

About Topaz Energy

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.