Topaz Energy Corp.

Topaz Energy Corp.

TPZEF
Topaz Energy Corp.US flagOther OTC
21.09
USD
+0.18
- -
3.26BMarket Cap
Topaz Energy Corp.
TPZEF
(Other OTC)

Recent

price

21.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.12
0.99
1.61
2.5
2.12
2.05
2.11
2.1
Revenue per Share
0.06
0.03
0.22
0.7
0.33
0.72
0.84
0.52
Basic EPS, GAAP
-1.64
0.91
-6.12
-0.26
1.7
-1.1
1.16
-0.45
Free Cash Flow per Basic Share
- -
0.81
0.88
1.1
1.22
1.3
1.35
1.34
Dividend per Share
5.89
10.62
10.31
9.19
9.65
10.36
9.42
7.93
Book Value per Share
6.33
11.16
10.71
9.56
10.04
10.8
9.89
8.33
Tangible Book Value per Share
110
90
124
143
144
147
154
151
Basic Weighted Avg Shares
13
90
199
357
307
300
325
317
Sales/Revenue/Turnover
-6.52
-6.12
15.36
36.67
23.05
50.96
50.72
34.21
Operating Margin (%)
12
85
155
209
217
125
135
185
Depreciation Expense
6
3
28
99
48
106
129
79
Net Income, GAAP
- -
- -
19.44
22.27
30.88
24.81
24.73
28.71
Effective Tax Rate (%)
47.85
3.45
13.88
27.85
15.53
35.24
39.65
24.82
Profit Margin (%)
21
238
44
65
53
52
56
51
Working Capital
- -
- -
277
465
392
540
571
525
LT Debt
696
1,006
1,325
1,362
1,450
1,582
1,520
1,256
Total Equity
- -
- -
1.89
5.93
2.66
5.8
5.88
4.54
Return on Invested Capital (%)
- -
- -
2.39
6.61
3.8
6.57
7.28
5.97
Return on Capital (%)
- -
0.39
2.47
7.69
3.52
7.25
8.68
6.79
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
540
530
525
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
154
154
Market Capitalization
4,003
3,585
3,877

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
64
61
63
Cash, Cash Equivalents & STI
11
5
13
Accounts Receivable, Net
52
55
49
Inventories
- -
- -
- -
Total Current Liabilities
12
15
12
Payables & Accruals
6
7
10
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.24%
-3.88%
Free Cash Flow
- -
-451.65%
-210.17%
Net Income, GAAP
- -
228.87%
21.85%
Sales/Revenue/Turnover
- -
38.64%
8.31%
Total Cash Common Dividend
- -
24.5%
8.64%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
75
75
71
79
300
2025
88
79
84
- -
325
2026
92
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.12
0.12
- -
0.72
2025
0.18
0.18
- -
- -
0.84
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.32
0.33
- -
1.3
2025
0.33
0.34
- -
- -
1.35
2026
0.34
- -
- -
- -
- -
Business
Topaz Energy Corp. (TSX: TPZ; OTC: TPZEF) operates as a royalty and infrastructure energy company focused on generating free cash flow growth and sustainable dividends through premium assets in Western Canada. The company holds gross overriding royalty interests on approximately 9 million gross acres of developed and undeveloped lands across key resource plays including the NEBC Montney, Alberta Clearwater, Deep Basin, Peace River (Charlie Lake), Central Alberta, Southeast Saskatchewan and Manitoba; it also owns non-operated interests in natural gas processing facilities, crude oil and condensate handling infrastructure, and water management systems supported by long-term take-or-pay contracts generating over 85% operating margins. Royalty assets produce over 95% operating margins with more than 60% undeveloped acreage attracting operator-funded development, while infrastructure provides fee-for-service natural gas processing, water storage, disposal and related services to leading Canadian producers. Founded in 2006 and headquartered at 250 6th Avenue SW, Suite 2900, Calgary, Alberta, Canada T2P 3H7, Topaz changed its name from Exshaw Oil Corp. in November 2019 and maintains strategic ties to Tourmaline Oil Corp. as a key partner and shareholder, alongside wholly owned subsidiaries such as Reserve Royalty Commercial Trust, Reserve Royalty Limited Partnership and Jarvie Royalty Partnership. Recent developments include the October 2024 closing of a $278.2 million strategic core area royalty acquisition from Tourmaline adding 3.0 million gross acres (over 50% undeveloped) in NEBC Montney, Alberta Deep Basin and Peace River High for 50% acreage growth, 12% production increase and 8% revenue uplift funded by a $175.4 million bought deal equity financing; a September 2025 tuck-in acquisition of NEBC Montney royalty assets with 410 tier-one drilling locations; a February 2025 Alberta Montney royalty and infrastructure acquisition; multiple secondary share offerings with Tourmaline including $230 million in October 2025 and $345 million in December 2024; record liquids production and 15% royalty production growth reported in Q3 2025 results; and ongoing dividend increases with Q1 2025 results highlighting elevated royalty production.

Company News

APIChatGPT
  • Topaz Energy: The Best Oil Company Canada Has To Offer

  • Topaz Energy: A Misunderstood Hybrid

  • Topaz Energy Corp. (TPZ:CA) Q1 2026 Earnings Call Transcript

  • Topaz Energy Corp. (TPZ:CA) Q4 2025 Earnings Call Transcript

  • Inflation Is Coming Back - Here's Where I'm Buying Pricing Power

  • The New World Order Isn't A Theory - It's How I'm Investing

  • Topaz Energy: Dividends From Natural Gas And Critical Processing Infrastructure

  • How I Plan To Ride The Next Decade Of Hidden Market Winners

  • Topaz Energy Corp. (TPZ:CA) Q3 2025 Earnings Call Transcript

  • Fortune Favors The Brave - 2 Dividend Stocks So Cheap It's Almost Unreal

  • Topaz Energy: Growth Story Continues

  • Why I Believe Energy Is The Ultimate Long-Term Bet - And Why It's Only Getting Better

  • I'm Convinced Energy Is The Most Misunderstood Investment Opportunity Of The Decade

  • TOPAZ ENERGY CORP. (TPZEF) Q2 2025 Earnings Call Transcript

  • Topaz Energy: Strategic Partnerships And Fast Growth Will Pave The Way

  • Peak Shale, Prime Gains: 2 Oil Stocks I'd Bet The House On

  • Topaz Energy Corp (TPZEF) Q1 2025 Earnings Call Transcript

  • Pay, Baby, Pay - 3 Dirt-Cheap Dividend Stocks Pumping Out Cash

  • Topaz Energy: A Robust Dividend Income From Oil And Gas Royalties And Infrastructure

  • Chaos Breeds Bargains! Here's What I'm Buying