Topaz Energy Corp. (TSX:TPZ)
| Market Cap | 4.70B |
| Revenue (ttm) | 336.50M |
| Net Income (ttm) | 128.74M |
| Shares Out | 154.79M |
| EPS (ttm) | 0.83 |
| PE Ratio | 36.57 |
| Forward PE | 40.47 |
| Dividend | 1.36 (4.48%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 379,587 |
| Average Volume | 506,601 |
| Open | 30.65 |
| Previous Close | 30.35 |
| Day's Range | 30.51 - 30.92 |
| 52-Week Range | 22.78 - 32.46 |
| Beta | 0.53 |
| RSI | 53.43 |
| Earnings Date | May 5, 2026 |
About Topaz Energy
Topaz Energy Corp. operates as a royalty and infrastructure energy company in Canada. It operates through Royalty Production and Infrastructure segments. The company holds royalty interests on approximately 9 million gross acres of developed and undeveloped lands. It is also involved in operating natural gas processing facilities; and associated crude oil and condensate handling facilities, as well as water management infrastructure. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019. ... [Read more]
Financial Performance
In 2025, Topaz Energy's revenue was 336.50 million, an increase of 7.72% compared to the previous year's 312.40 million. Earnings were 128.74 million, an increase of 21.85%.
Financial StatementsNews
Topaz Energy Earnings Call Transcript: Q4 2025
Reported strong 2025 growth with 17% higher royalty production, 20% infrastructure revenue growth, and a 10% increase in reserves. Q4 net income rose 64% year-over-year, and 2026 guidance projects stable production and financial strength.
Topaz Energy Earnings Call Transcript: Q3 2025
Q3 saw strong royalty and infrastructure revenue growth, record Clearwater volumes, and a major Montney acquisition. Free cash flow and margins improved, with guidance reaffirmed and a focus on disciplined capital allocation and selective M&A.
Topaz Energy Earnings Call Transcript: Q2 2025
Q2 saw strong growth in royalty production, revenue, and free cash flow, driven by acquisitions and robust drilling activity. Dividend yield remains attractive, and guidance is reaffirmed, with a focus on sustainable growth and selective M&A.
Topaz Energy Earnings Call Transcript: Q1 2025
Record royalty production and drilling activity drove strong Q1 results, with revenue and cash flow up year-over-year. Dividend increased 3%, guidance reaffirmed, and robust drilling and acquisition activity continue amid resilient market conditions.
Topaz Energy Earnings Call Transcript: Q4 2024
Transformational growth in 2024 was driven by major acquisitions, record production, and strong free cash flow. 2025 guidance anticipates stable production, robust cash flow, and continued M&A focus, with a sustainable payout ratio and low leverage.
Topaz Energy Earnings Call Transcript: Q3 2024
Q3 saw a major royalty acquisition, strong production growth, and record drilling activity. Financial results included high margins, increased cash flow, and a sustainable dividend. Guidance points to continued growth, with infrastructure and enhanced recovery driving future upside.
Topaz Energy Transcript: Sidoti September Small-Cap Virtual Conference
A hybrid royalty and infrastructure business has grown rapidly since its 2020 IPO, expanding its asset base and increasing dividends eight times. With a strong balance sheet, disciplined M&A, and long-term contracts, it expects 30%-40% organic growth over five years.
Topaz Energy Earnings Call Transcript: Q2 2024
Q2 2024 saw strong cash flow and record oil royalty production, with a second dividend increase this year and a major infrastructure acquisition. Guidance and financial flexibility remain robust, with continued focus on quality M&A and sustainable dividends.
Topaz Energy Transcript: Small-Cap Growth Virtual Investor Conference
Spun out in 2019, the company has rapidly expanded its royalty and infrastructure base, diversified its portfolio, and achieved strong financial growth with high margins and disciplined M&A. Key growth is driven by major Canadian plays, long-term contracts, and a robust inventory, while maintaining a flexible, shareholder-aligned strategy.