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TPZ — Topaz Energy News Story

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Topaz Energy Corp reports results for the quarter ended June 30 - Earnings Summary

Topaz Energy Corp reports results for the quarter ended June 30 - Earnings Summary
  • Topaz Energy Corp TPZ.TO reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 23 cents to 35 cents per share.

  • Revenue rose 37% to C$111.21 million from a year ago; analysts expected C$122.00 million.

  • Topaz Energy Corp's reported EPS for the quarter was 34 cents​.

  • The company reported quarterly net income of C$52.48 million.

  • Topaz Energy Corp shares had risen by 9.7% this quarter and gained 18.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 12.2% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

  • Wall Street's median 12-month price target for Topaz Energy Corp is C$35.75, about 8.6% above its last closing price of C$32.68

This summary was machine generated from LSEG data July 27 at 09:49 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

0.58

0.58

Met

Mar. 31 2026

0.51

0.54

Beat

Dec. 31 2025

0.51

0.45

Missed

Sep. 30 2025

0.48

0.51

Beat

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