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TAG Oil ( (TSE:TAO) ) has issued an announcement.
TAG Oil Ltd. reported its financial results for the third quarter of 2025, highlighting a decrease in cash and working capital compared to the previous quarter, with no debt. The company is actively seeking an industry partner to enhance drilling activities at the Badr Oil Field and is progressing with agreements for the development of the unconventional ARF reservoir in Egypt. Additionally, TAG Oil announced the appointment of Doug Urch as Vice President and Chief Financial Officer, succeeding Barry MacNeil, to further strengthen its financial leadership.
The most recent analyst rating on (TSE:TAO) stock is a Sell with a C$0.08 price target. To see the full list of analyst forecasts on TAG Oil stock, see the TSE:TAO Stock Forecast page.
Spark’s Take on TSE:TAO Stock
According to Spark, TipRanks’ AI Analyst, TSE:TAO is a Underperform.
TAG Oil’s overall stock score is primarily impacted by its poor financial performance and valuation. Persistent losses and negative cash flows are significant concerns, compounded by bearish technical indicators. The lack of earnings call insights and corporate events leaves these issues unmitigated.
To see Spark’s full report on TSE:TAO stock, click here.
More about TAG Oil
TAG Oil Ltd. is a Canadian-based international oil and gas exploration company focusing on operations and opportunities in the Middle East and North Africa.
Average Trading Volume: 336,883
Technical Sentiment Signal: Sell
Current Market Cap: C$18.12M
For a thorough assessment of TAO stock, go to TipRanks’ Stock Analysis page.