Topaz Energy (TSE:TPZ) Reaches New 52-Week High After Analyst Upgrade

Topaz Energy Corp. (TSE:TPZ)’s stock price reached a new 52-week high on Thursday after TD Securities raised their price target on the stock from C$30.00 to C$33.00. TD Securities currently has a buy rating on the stock. Topaz Energy traded as high as C$31.16 and last traded at C$30.53, with a volume of 360945 shares. The stock had previously closed at C$30.59.

TPZ has been the subject of several other reports. Jefferies Financial Group lowered their price target on Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. Canaccord Genuity Group raised their target price on Topaz Energy from C$33.00 to C$35.00 and gave the company a “buy” rating in a report on Wednesday. Scotiabank raised Topaz Energy to a “strong-buy” rating in a research report on Friday, November 28th. Raymond James Financial boosted their price target on shares of Topaz Energy from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, National Bank Financial set a C$33.50 price objective on shares of Topaz Energy and gave the company an “outperform” rating in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat.com, Topaz Energy currently has a consensus rating of “Buy” and a consensus target price of C$32.81.

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

Topaz Energy Stock Performance

The stock’s 50-day simple moving average is C$28.09 and its 200 day simple moving average is C$26.73. The company has a market capitalization of C$4.70 billion, a PE ratio of 82.51 and a beta of 0.27. The company has a debt-to-equity ratio of 36.45, a quick ratio of 7.17 and a current ratio of 1.89.

Topaz Energy Announces Dividend

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

Topaz Energy Company Profile

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.