Tenaz Energy Corp

Tenaz Energy Corp

45.40
EUR
+0.40
(+0.89%)
2.06EPS
13.05P/E
961.84MMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.61
1.77
0.81
0.73
1.57
1.47
2.25
0.75
1.21
1.2
2.36
2.32
10.31
16.55
Basic EPS, GAAP
-0.17
0.99
-0.55
-0.11
-0.01
0.24
0.19
-1.66
0.57
0.18
0.97
-0.28
11.18
3.6
Free Cash Flow per Basic Share
-0.87
-0.99
-0.29
-1.34
-1.12
-2.35
0.01
-0.48
-0.44
-0.27
-0.35
-0.54
-12.53
-9.42
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.3
4.28
3.26
3.25
3.34
3.66
3.95
2.32
2.3
2.54
3.6
3.34
13.78
12.57
Tangible Book Value per Share
3.3
4.28
3.26
3.25
3.34
3.66
3.95
2.32
2.3
2.54
3.6
3.34
13.78
12.57
Basic Weighted Avg Shares
4
4
7
11
11
11
11
11
15
28
27
27
28
31
Sales/Revenue/Turnover
2
6
6
8
18
17
26
9
18
34
65
63
291
506
Operating Margin (%)
-5.62
43.97
-36.75
-18.63
7.41
3.36
14.86
-32.72
13.18
17.06
-0.52
-24.83
4.78
15.8
Depreciation Expense
- -
1
2
4
7
7
9
4
5
6
20
21
112
184
Net Income, GAAP
-1
4
-4
-1
- -
3
2
-19
8
5
27
-8
316
110
Effective Tax Rate (%)
- -
- -
- -
- -
- -
21.23
25.19
- -
- -
11.16
- -
- -
- -
- -
Profit Margin (%)
-28.38
55.98
-68.22
-14.89
-0.57
15.99
8.6
-220.48
46.77
15.36
40.93
-12.24
108.44
21.77
Working Capital
1
- -
22
8
-4
-5
-1
-4
20
14
49
148
-18
-40
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
139
331
406
Total Equity
12
16
37
37
38
42
45
27
65
71
96
92
438
417
Return on Invested Capital (%)
- -
- -
- -
- -
- -
6.43
5.7
- -
24.09
7.24
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
6.52
5.34
- -
17.93
6.72
- -
- -
- -
- -
Return on Common Equity (%)
-5.35
25.77
-14.32
-3.35
-0.27
6.73
5.09
-52.92
18.15
7.66
31.66
-8.18
119.05
31.46

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
10
11
LT Borrowings
313
347
387
LT Finance Leases
18
17
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
33
Market Capitalization
793
2,050
1,560

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
287
298
314
Cash, Cash Equivalents & STI
64
24
137
Accounts Receivable, Net
152
153
152
Inventories
- -
- -
- -
Total Current Liabilities
305
432
353
Payables & Accruals
280
308
282
ST Debt
10
10
11
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.99%
112.25%
375.54%
Free Cash Flow
-196.19%
489.95%
2,336.82%
Net Income, GAAP
-794.4%
-819.04%
-4,191.96%
Sales/Revenue/Turnover
79.22%
129.5%
361.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
14
15
16
63
2025
18
60
96
118
291
2026
133
160
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
0.05
-0.09
-0.22
-0.28
2025
-0.19
6.73
0.87
3.67
11.18
2026
-3.48
2.71
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Anthony W. Marino
Full Time Employees
297
Sector
Energy minerals
Industry
Oil & gas production
Address
605 – 5th Avenue SW Calgary AB Canada T2P 3H5
IPO Date
Feb 29, 2008
Business
Tenaz Energy Corp. (TSX: TNZ) is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of generating free cash flow for shareholders; it operates crude oil and natural gas production from the semi-conventional Rex member of the Mannville Group at Leduc-Woodbend in central Alberta, Canada, alongside offshore natural gas production, midstream assets, and exploration licenses in the Dutch North Sea; primary products include heavy crude oil, light and medium crude oil, conventional and semi-conventional natural gas, and natural gas liquids, with revenue predominantly from heavy crude oil sales in Canada and TTF-indexed natural gas sales in the Netherlands. Founded in 2007 and headquartered at 605 5th Avenue SW, Suite 700, Calgary, Alberta, the company conducts two main operating segments, with Canadian activities centered on Leduc-Woodbend heavy oil and Dutch operations encompassing operated and non-operated offshore natural gas assets including the NGT gas gathering system, Den Helder gas plant interests, and high-capacity platforms like N05-A; it targets institutional and wholesale energy markets in North America and Europe as the largest operator of natural gas assets in the Dutch North Sea sector. Recent developments include the October 2025 closing of a US$244 million acquisition of North Sea Gateway to the Ems (GEMS) gas assets on the Dutch-German border, adding 19.3 million boe of proved plus probable reserves, net production of 3,200 boe/d in 2025 ramping to 7,000 boe/d in 2026 (99% gas), and significant exploration upside from 14 prospects with 461 Bcf gross mean unrisked prospective resources; this transformational deal, financed via cash-on-hand, US$165 million senior unsecured notes at 12% coupon (yield-to-maturity 9.5%), and US$12 million in shares, established a new US$115 million reserve-based lending facility with National Bank Capital Markets, CIBC, and Goldman Sachs, while Q3 2025 results showed 48% production growth from Netherlands operations, raised 2025 guidance to 9,500-10,000 boe/d, and lowered projected 2026 operating costs by 23%.

Company News

  • Tenaz Energy: Brownfield North Sea Assets Create A High-Return Growth Platform

  • Tenaz Energy Corp. Announces Q2 2026 Results

  • Tenaz Energy Corp. Announces 2026 Annual Meeting Results

  • Tenaz Energy Corp. (TNZ:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • Tenaz Energy Corp. (TNZ:CA) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Tenaz Energy Hits Geopolitical Sweet Spot

  • Tenaz Energy Corp. Announces Q1 2026 Results

  • Tenaz Energy: An Important Call Option On European Natural Gas Prices

  • TENAZ ENERGY CORP. ANNOUNCES 2025 FOURTH QUARTER AND YEAR-END RESULTS

  • Tenaz Energy (ATUUF) to Release Earnings on Wednesday

  • Tenaz Energy: 3x Production Growth Ahead In The TTF Gas Market, Yet Deeply Undervalued

  • TENAZ ENERGY CORP. ANNOUNCES 2026 GUIDANCE

  • TENAZ ENERGY CORP. ANNOUNCES EXERCISE OF WARRANTS AND OPTIONS, INCREASING DIRECTOR AND OFFICER SHARE OWNERSHIP

  • Tenaz Energy (OTCMKTS:ATUUF) Stock Price Up 1.7% – What’s Next?

  • TENAZ ENERGY CORP. ANNOUNCES Q3 2025 RESULTS

  • Tenaz Energy Corp. (TNZ:CA) M&A Call Prepared Remarks Transcript

  • TENAZ ENERGY CORP. ANNOUNCES ACQUISITION OF NORTH SEA GAS ASSETS

  • TENAZ ENERGY CORP. ANNOUNCES Q2 2025 RESULTS

  • TENAZ ENERGY CORP. ANNOUNCES 2025 ANNUAL MEETING RESULTS

  • CORRECTION FROM SOURCE: TENAZ ENERGY CORP. ANNOUNCES Q1 2025 RESULTS