Topaz Energy Corp ( (TSE:TPZ) ) has shared an update.
Topaz Energy Corp reported record financial results for 2024, driven by strategic acquisitions and increased production. The company achieved a 23% increase in reserves and a 14% rise in year-end royalty production compared to 2023. With a strong cash flow and a sustainable dividend strategy, Topaz is well-positioned for continued growth in 2025, supported by increased drilling activity and operator-funded capital investments.
More about Topaz Energy Corp
Topaz Energy Corp is a company in the energy sector, primarily focused on royalty and infrastructure assets. It operates in the Western Canadian Sedimentary Basin (WCSB) and is involved in acquiring and managing royalty interests and energy infrastructure, with a focus on natural gas and liquids production.
YTD Price Performance: -9.30%
Average Trading Volume: 411,226
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.93B
Find detailed analytics on TPZ stock on TipRanks’ Stock Analysis page.