Tenaz Energy Corp (TNZ) AI Stock Analysis

• Market Cap: C$509.64M
• Dividend Yield: N/A
• Average Volume (3M): 62.41K
• Price to Earnings (P/E): 187.1
• Beta (1Y): 1.73
• Revenue Growth: -3.50%
• EPS Growth: -153.25%
• Country: CA
• Employees: 21
• Sector: Energy
• Sector Strength: 48
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.19
• Shares Outstanding: 27,488,653
• 10 Day Avg. Volume: 56,021
• 30 Day Avg. Volume: 62,411
• PEG Ratio: 0.10
• Price to Book (P/B): 4.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -35.41
• 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: 24.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: C$19.50 ▲(5.18%Upside)

Tenaz Energy Corp's overall score is driven by positive technical momentum and strategic corporate events. However, the financial challenges and poor valuation metrics weigh on the overall score.

Tenaz Energy Corp Business Overview & Revenue Model

Company Description

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in central Alberta. As of December 31, 2021, the company held 85.7% working interest in 36,208 acres of land at Leduc-Woodbend Rex Pool property; a 52.4% working interest in 1,920 acres of land in the Leduc-Woodbend Glauconitic D Unit No.1 property; and a 87.5% working interest in 7,175 acres of land in the Entice area. It also operated 30 producing and 35 non-producing oil wells. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.

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
-15.65M	-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: 18.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 18.54 is above the 20-day moving average (MA) of 17.28, above the 50-day MA of 15.17, and above the 200-day MA of 12.79, indicating a bullish trend. The MACD of 1.01 indicates Negative momentum. The RSI at 73.38 is Negative, neither overbought nor oversold. The STOCH value of 87.80 is Negative, 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$509.64M	187.11	-13.52%	―	-3.50%	-153.25%
Sector *	58 Neutral	$7.37B	3.39	-4.49%	10.01%	0.82%	-49.15%
OBE		$382.02M	5.39	-12.88%	―	―	―
ZPTAF		$418.25M	―	-5.48%	8.84%	―	―
FECCF		$362.22M	30.14	0.67%	3.89%	―	―
LGN	64 Neutral	C$392.98M	47.76	2.74%	―	42.32%	―
CEI	57 Neutral	C$446.36M	―	-6.69%	―	41.39%	-61.36%

Tenaz Energy Corp Corporate Events

Tenaz Energy Corp. Reports Successful 2025 Annual Meeting Outcomes

Tenaz Energy Corp. announced the results of its 2025 annual meeting of shareholders, where all proposed matters were approved. The meeting saw the election of six directors, reappointment of Deloitte LLP as auditor, and approval of all unallocated awards under the Tenaz Incentive Plan. This indicates strong shareholder support and stability in the company’s governance, potentially reinforcing its market position and investor confidence.

The most recent analyst rating on (TSE:TNZ) stock is a Buy with a C$23.00 price target. To see the full list of analyst forecasts on Tenaz Energy Corp stock, see the TSE:TNZ Stock Forecast page.

Tenaz Energy Reports Q1 2025 Results and Strategic Acquisition

Tenaz Energy Corp. announced its Q1 2025 financial results, highlighting a 3% increase in production volumes compared to Q4 2024, driven by reduced downtime in the Netherlands and new Canadian drilling contributions. The company completed the acquisition of NAM Offshore B.V., now renamed Tenaz Energy Netherlands B.V., which is expected to significantly enhance its production capacity. Despite a net loss of $5.3 million due to higher interest and transaction costs, Tenaz maintains a strong cash position and plans significant investments in its newly acquired assets, projecting self-funded operations in both its Netherlands and Canada units.

Tenaz Energy Corp. Reports Q1 2025 Results and Strategic Acquisition

Tenaz Energy Corp. reported its Q1 2025 results, highlighting the completion of its acquisition of NAM Offshore B.V., now renamed Tenaz Energy Netherlands B.V. This acquisition is expected to significantly boost production, with updated guidance reflecting an increase in production volumes and capital investment plans. Despite a net loss of $5.3 million for the quarter, attributed to higher interest and transaction costs, the company maintains a strong cash position and plans to self-fund its revised capital program. The acquisition and subsequent production increase position Tenaz Energy for enhanced operational performance and market competitiveness.

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.

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.

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.