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Topaz Energy Corp (TSE:TPZ)
:TPZ
Earnings Data
Report Date
Nov 03, 2025Before Open (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.06Last Year’s EPS
0.12Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial and operational performance for Topaz, with significant increases in royalty production, infrastructure revenue, and net income. While there are some challenges related to commodity prices and cautious hedging strategies, the overall growth and promising discoveries indicate a positive outlook.Company Guidance
Significant Increase in Royalty Production
Topaz reported a 19% increase in royalty production to 22,300 BOE per day in Q2 2025, with crude and heavy oil production increasing by 9% and natural gas and liquids production increasing by 23% over Q2 2024.
Strong Financial Performance
Topaz generated total Q2 revenue of $81.2 million, with a 46% contribution from crude and heavy oil royalties. Free cash flow was $74 million, resulting in a 91% free cash flow margin, up from 89% last year. Net income was $28.2 million, a 50% increase from the prior year.
Infrastructure Revenue Growth
Quarterly infrastructure processing revenue increased by 37%, contributing to total processing revenue and other income of $22.8 million, a 25% increase over the prior year.
Successful Drilling Activity
Drilling activity was robust with 125 gross wells drilled, capturing 21% of total WCSB activity, up from 15% in Q2 last year.
Promising Discoveries
The Grand Rapids play discovery by Headwater, potentially extending into Tamarack acreage with an estimated 180 million barrels of oil in place, adds significant value to Topaz's portfolio.
TSE:TPZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TPZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 28, 2025 | C$25.73 | C$26.01 | +1.09% |
May 05, 2025 | C$22.60 | C$22.98 | +1.68% |
Feb 24, 2025 | C$24.49 | C$23.72 | -3.14% |
Nov 04, 2024 | C$25.63 | C$26.23 | +2.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Topaz Energy Corp (TSE:TPZ) report earnings?
Topaz Energy Corp (TSE:TPZ) is schdueled to report earning on Nov 03, 2025, Before Open (Confirmed).
What is Topaz Energy Corp (TSE:TPZ) earnings time?
Topaz Energy Corp (TSE:TPZ) earnings time is at Nov 03, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TPZ EPS forecast?
TSE:TPZ EPS forecast for the fiscal quarter 2025 (Q3) is 0.06.