Topaz Energy Corp. (T:TPZ)
Business Focus: Oil Exploration & Production - Onshore
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for TPZ within the last 6 months
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Company News
Mar 04, 2024 15:20 ET
TOPAZ CONTINUES TO DELIVER RELIABLE, HIGH-MARGIN REVENUE & SIGNIFICANT OPERATOR-FUNDED RESERVE REPLACEMENT AND ANNOUNCES DIVIDEND INCREASE
CALGARY, AB, March 4, 2024 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide fourth quarter and annual 2023 financial results and confirm the Company's 2024 guidance estimates. Select financial information is outlined below and should be read in conjunction with Topaz's consolidated financial statements and related management's discussion and analysis ("MD&A") as at and for the year ended December 31, 2023, which are available on SEDAR+ at www.sedarplus.ca and on Topaz's website at www.topazenergy.ca.
Oct 30, 2023 16:39 ET
TOPAZ ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS, CLEARWATER ROYALTY & INFRASTRUCTURE ACQUISITION AND DECLARES FOURTH QUARTER DIVIDEND
CALGARY, AB, Oct. 30, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce financial results for the third quarter of 2023, a Clearwater royalty and infrastructure acquisition and declaration of the fourth quarter dividend at $0.31 per share. Select financial information is outlined below and should be read in conjunction with Topaz's interim consolidated financial statements and related management's discussion and analysis ("MD&A") as at and for the three and nine months ended September 30, 2023, which are available on SEDAR+ at www.sedarplus.ca
Valuation Ratios
Industry
Sector
Beta
0.52
--
--
Price to Sales - TTM
10.07
3.71
3.36
Price to Book - most recent quarter
2.61
1.69
1.77
Price to Cash Flow per share - TTM
12.21
6.21
5.97
Price to Free Cash Flow per share - TTM
27.03
21.52
17.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 2,650,249 | 514,646 |
| Mar 31, 2024 | 2,135,603 | 946,191 |
| Mar 15, 2024 | 1,189,412 | -663,608 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Topaz Energy Corp. is a Canada-based royalty and infrastructure energy company. The Company is primarily focused on developing its business by acquiring and developing relationship with natural gas producers, such as Tourmaline Oil Corp. It owns gross overriding royalty (GORR) interests on approximately 5.3 million acres of land located throughout the prolific natural gas plays in the Western Canadian Sedimentary Basin (WCSB). The Company has royalty interests in the Clearwater and Charlie Lake operating areas of Alberta, as well as working interest in a sweet natural gas processing facility and associated crude oil battery in the Wembley area. It has GORR interests on over 380 thousand acres of land located in the Clearwater area in Alberta. Its assets are located throughout Canada's resource plays, such as the NEBC Montney, Alberta Deep Basin, Central Alberta, Peace River High area of British Columbia/Alberta, Alberta Clearwater, Saskatchewan Weyburn and Manitoba.
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