Dividend ReturnsThe company showed its commitment to its return of capital framework, returning $52.3 million in dividends during Q3 with a 70% payout.
Infrastructure UtilizationTopaz highlighted a 99% utilization rate on its infrastructure, 15% production growth driven by record heavy-oil volumes and strong gas performance, and a 95% FCF margin given lower operating costs and hedging gains realized during the quarter.
Strategic AcquisitionsA recent acquisition is aligning Topaz Energy Corp more closely with a strategic partner, enhancing its market position and expanding its land exposure with a royalty on TOU's entire Montney acreage.