Topaz Energy (TSE:TPZ) Price Target Raised to C$35.00 at Raymond James Financial

Topaz Energy (TSE:TPZ) had its price objective upped by Raymond James Financial from C$34.00 to C$35.00 in a research report sent to investors on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts have also commented on TPZ. ATB Cormark Capital Markets raised their price objective on shares of Topaz Energy from C$31.00 to C$33.00 and gave the stock an “outperform” rating in a report on Wednesday. National Bank Financial set a C$33.50 target price on Topaz Energy and gave the stock an “outperform” rating in a report on Friday, January 9th. Canadian Imperial Bank of Commerce boosted their price target on Topaz Energy from C$29.00 to C$33.50 and gave the company an “outperform” rating in a report on Wednesday. Jefferies Financial Group reduced their price objective on Topaz Energy from C$31.00 to C$30.00 in a research report on Tuesday, January 20th. Finally, Scotiabank upgraded Topaz Energy to a “strong-buy” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$32.81.

Topaz Energy Stock Performance

Shares of TPZ opened at C$30.53 on Wednesday. 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 has a twelve month low of C$21.00 and a twelve month high of C$31.16. The firm’s 50 day moving average price is C$28.09 and its two-hundred day moving average price is C$26.73. The firm has a market cap of C$4.70 billion, a P/E ratio of 82.51 and a beta of 0.27.

Topaz Energy Dividend Announcement

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

Topaz Energy News Roundup

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 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.