Topaz Energy (TPZEF) Expected to Release Quarterly Earnings on Monday

Topaz Energy (OTCMKTS:TPZEF) is expected to be issuing its results after the market closes on Monday, November 2nd. Analysts expect Topaz Energy to post earnings of $0.2030 per share and revenue of $75.15 million for the quarter.

Topaz Energy Price Performance

Topaz Energy stock opened at $22.33 on Friday. Topaz Energy has a one year low of $17.44 and a one year high of $24.42. The business has a fifty day moving average of $21.68 and a two-hundred day moving average of $22.12.

Wall Street Analyst Weigh In

TPZEF has been the subject of a number of research analyst reports. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Topaz Energy in a report on Friday, October 9th. Scotiabank restated an “outperform” rating on shares of Topaz Energy in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Topaz Energy presently has a consensus rating of “Buy”.

Topaz Energy Company Profile

Topaz Energy Corp. is a Canadian energy infrastructure and royalty company focused on generating revenue from long-life assets in the Western Canadian Sedimentary Basin. The company provides investors with exposure to oil and natural gas production without operating a conventional exploration and production business.

Topaz owns royalty interests in oil, natural gas and natural gas liquids properties, allowing it to receive a share of production revenues from underlying assets. It also owns interests in energy infrastructure, including natural gas processing and related midstream facilities, which support the transportation and processing of hydrocarbons produced in Western Canada.

The company’s portfolio is concentrated primarily in Alberta and British Columbia, where it partners with established energy producers and infrastructure operators.