Tenaz Energy Corp (TNZ) AI Stock Analysis

• Market Cap: C$415.54M
• Dividend Yield: N/A
• Average Volume (3M): 81.84K
• Price to Earnings (P/E): 187.1
• Beta (1Y): 1.72
• Revenue Growth: -3.79%
• EPS Growth: -128.77%
• Country: CA
• Employees: 21
• Sector: Energy
• Sector Strength: 47
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.28
• Shares Outstanding: 27,574,000
• 10 Day Avg. Volume: 90,535
• 30 Day Avg. Volume: 81,838
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$23.00
• Price Target Upside: 52.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Tenaz Energy Corp's overall stock score reflects a balanced view of its financial and strategic positioning. The company faces significant challenges with revenue decline and high leverage, negatively impacting its financial performance score. However, technical indicators are cautiously optimistic, and corporate events provide positive prospects. Valuation remains a concern due to negative earnings, but strategic acquisitions and shareholder-focused initiatives offer a hopeful outlook.

Tenaz Energy Corp Business Overview & Revenue Model

Company Description

Tenaz Energy Corp (TNZ) is a Canadian-based energy company primarily involved in the exploration, development, and production of oil and natural gas. Operating within the energy sector, the company's core activities focus on the acquisition and management of high-quality oil and gas assets, with an emphasis on sustainable and efficient energy production practices.

How the Company Makes Money

Tenaz Energy Corp generates revenue through the exploration and production of oil and natural gas, which it sells to various markets. The company's key revenue streams include the sale of crude oil, natural gas liquids, and natural gas. Tenaz Energy may also engage in strategic partnerships and joint ventures to enhance its operational capabilities and expand its asset base, which can contribute to its earnings. Additionally, the company may benefit from favorable commodity prices and efficient cost management practices to maximize profitability.

Tenaz Energy Corp Financial Statement Overview

Summary

Tenaz Energy Corp exhibits strengths in liquidity and operational efficiency, as seen in its positive EBITDA margin and strong cash positions. However, challenges such as declining revenue, negative net income, and high leverage pose risks that need addressing. The company should focus on improving revenue growth and profitability to enhance financial stability.

Income Statement

Tenaz Energy Corp showed a mixed performance in its income statement. The company experienced a decline in total revenue from the previous year, leading to a negative revenue growth rate. Gross profit margin stands at about 58.5%, indicating efficient cost management. However, the net profit margin is negative due to a net loss, which is a concern. The company also has no positive EBIT, but the EBITDA margin is positive at 6.8%, suggesting some operational efficiencies.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio is 1.50, indicating higher reliance on debt financing, which could be risky. However, a strong equity ratio of 23.6% suggests a solid equity base relative to total assets. The negative net debt position implies that the company has more cash and short-term investments than total debt, reflecting good liquidity.

Cash Flow

Cash flow analysis shows challenges, with a significant drop in operating cash flow compared to the previous year. Free cash flow remains negative, indicating cash outflow after capital expenditures. The company’s free cash flow to net income ratio is not favorable due to the net loss. Despite the negative free cash flow, high financing cash flow indicates potential external funding, which needs to be monitored.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
63.00M	64.85M	34.09M	17.83M	8.62M
	Gross Profit
36.85M	39.23M	21.71M	11.09M	4.11M
	EBIT
0.00	-96.00K	5.81M	2.35M	-2.67M
	EBITDA
4.28M	25.37M	12.67M	13.49M	-16.38M
	Net Income Common Stockholders
-7.71M	26.55M	5.24M	8.34M	-22.31M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
139.91M	50.30M	1.83M	25.47M	-206.00K
	Total Assets
390.83M	238.72M	203.90M	75.40M	34.44M
	Total Debt
138.54M	244.00K	21.61M	167.00K	4.19M
	Net Debt
-1.36M	-50.06M	19.78M	-25.30M	4.40M
	Total Liabilities
298.70M	142.36M	132.53M	10.09M	11.54M
	Stockholders Equity
92.13M	96.35M	71.37M	65.31M	22.90M
Cash Flow		Free Cash Flow
-14.51M	-9.68M	-7.75M	-6.45M	-5.47M
	Operating Cash Flow
6.24M	15.18M	9.35M	3.94M	2.41M
	Investing Cash Flow
-54.12M	58.20M	-53.89M	-4.24M	-6.50M
	Financing Cash Flow
137.85M	-25.36M	20.91M	25.76M	3.95M

Tenaz Energy Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TNZ, the sentiment is Positive. The current price of 15.07 is above the 20-day moving average (MA) of 13.61, above the 50-day MA of 13.26, and above the 200-day MA of 11.52, indicating a bullish trend. The MACD of 0.71 indicates Negative momentum. The RSI at 58.30 is Neutral, neither overbought nor oversold. The STOCH value of 61.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TNZ.

Tenaz Energy Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TNZ	67 Neutral	C$415.54M	187.11	-8.18%	―	-3.79%	-128.77%
LGN	60 Neutral	C$387.76M	61.22	2.03%	―	―	―
Sector *	56 Neutral	$6.99B	3.76	-4.38%	5.90%	-0.24%	-48.46%
CEI	55 Neutral	C$452.37M	―	-5.23%	―	113.34%	-11.26%
FEC	53 Neutral	$384.93M	4.28	-1.37%	4.98%	-1.54%	-113.55%
SGY	52 Neutral	$474.59M	―	-6.80%	10.58%	-2.37%	-421.59%
OBE	50 Neutral	$424.42M	5.64	-12.89%	―	11.92%	-304.98%

Tenaz Energy Corp Corporate Events

Tenaz Energy Completes Strategic Acquisition of NAM Offshore B.V.

Tenaz Energy Corp. has successfully completed the acquisition of NAM Offshore B.V., now renamed Tenaz Energy Netherlands B.V., from a joint venture between Shell PLC and ExxonMobil Corporation. This acquisition positions Tenaz as a significant player in the Dutch North Sea natural gas sector. The company received approximately €15 million cash at closing and plans to invest $55 to $61 million in the acquired assets for the remainder of 2025, focusing on drilling and workover activities. The acquisition aligns with Tenaz’s strategy to expand its international footprint and is expected to enhance its production capabilities, with a forecasted average production of 10,000 boe/d for 2025.

Spark’s Take on TSE:TNZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:TNZ is a Neutral.

Tenaz Energy faces significant challenges with its financial performance, notably in revenue decline and high leverage, which weigh heavily on its overall score. Technical indicators suggest caution, though the positive corporate events, including strategic acquisitions and buybacks, offer a hopeful outlook. Valuation concerns persist due to negative earnings.

To see Spark’s full report on TSE:TNZ stock, click here.

Tenaz Energy Nears Completion of Strategic NOBV Acquisition

Tenaz Energy Corp. announced the expected closing of its acquisition of NAM Offshore B.V. (NOBV) from Nederlandse Aardolie Maatschappij B.V., a joint venture between Shell PLC and ExxonMobil Corporation, with the transition activities completed ahead of schedule. This acquisition is set to enhance Tenaz’s operations in the Netherlands by integrating experienced staff and leveraging underutilized infrastructure, positioning the company for long-term success in the region.

Spark’s Take on TSE:TNZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:TNZ is a Neutral.

Tenaz Energy Corp’s overall score reflects a challenging financial performance due to declining revenue and high leverage, balanced by strong liquidity and operational efficiencies. Technical analyses suggest near-term caution despite long-term support. Corporate events are a bright spot, with strong production growth and shareholder returns, along with strategic acquisitions and buyback programs enhancing future prospects. However, valuation remains a concern due to negative earnings.

To see Spark’s full report on TSE:TNZ stock, click here.

Tenaz Energy Reports Strong Production Growth and Shareholder Returns in 2024

Tenaz Energy Corp. reported its 2024 year-end results, highlighting a 10% increase in production volumes compared to 2023, driven by organic growth in Canada. Despite a net loss of $7.7 million due to increased transaction costs and lower natural gas prices, the company achieved a 257% total shareholder return, leading the TSX oil and gas sector. The acquisition of NAM Offshore B.V. and a strong cash position of $180.2 million are expected to bolster future operations.

Tenaz Energy Announces Renewal of Share Buyback Program

Tenaz Energy Corp has announced the renewal of its Normal Course Issuer Bid (NCIB), allowing the company to repurchase up to 2,479,403 of its shares, approximately 9% of its outstanding shares, using current cash-on-hand and future cash flow. The share buyback, which will run from February 14, 2025, to February 13, 2026, is part of Tenaz’s strategy to manage its capital structure and enhance shareholder value, despite certain restrictions imposed by its debt facilities. This move reflects Tenaz’s confidence in its market positioning and future business outlook.