Topaz Energy (TSE:TPZ) Sets New 52-Week High – Time to Buy?

Posted by Brian Himes on May 19th, 2026

Topaz Energy Corp. (TSE:TPZ – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$33.91 and last traded at C$33.46, with a volume of 29749 shares changing hands. The stock had previously closed at C$33.15.

Analyst Ratings Changes

Several analysts have recently issued reports on TPZ shares. Canaccord Genuity Group upped their price objective on Topaz Energy from C$33.00 to C$35.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. TD upped their price objective on Topaz Energy from C$34.00 to C$35.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. TD Securities upped their price objective on Topaz Energy from C$30.00 to C$33.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Canadian Imperial Bank of Commerce upped their price objective on Topaz Energy from C$29.00 to C$33.50 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, ATB Cormark Capital Markets upped their price objective on Topaz Energy from C$34.00 to C$35.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$33.65.

View Our Latest Report on Topaz Energy

Topaz Energy Price Performance

The company has a market capitalization of C$5.20 billion, a price-to-earnings ratio of 38.63 and a beta of 0.21. The company has a quick ratio of 7.17, a current ratio of 2.93 and a debt-to-equity ratio of 35.87. The company has a 50 day simple moving average of C$31.20 and a 200 day simple moving average of C$29.06.

Topaz Energy (TSE:TPZ – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported C$0.25 EPS for the quarter. The company had revenue of C$88.66 million during the quarter. Topaz Energy had a return on equity of 10.95% and a net margin of 45.79%. As a group, research analysts predict that Topaz Energy Corp. will post 0.2019855 EPS for the current year.

Topaz Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.34 per share. The ex-dividend date was Friday, March 13th. This represents a $1.36 annualized dividend and a yield of 4.0%. Topaz Energy’s dividend payout ratio is currently 156.32%.

About Topaz Energy

(Get Free Report)

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada’s natural gas producers, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies, while maintaining its commitment to environmental, social and governance practices. It generates revenue from the Royalty Assets, which generate the company’s Royalty Production Revenue; and the Infrastructure Assets, which generate the company’s Processing Revenue and Other Income.