Tenaz Energy Corp. (TSE:TNZ – Get Free Report) insider Adam Iwanicki acquired 2,000 shares of Tenaz Energy stock in a transaction that occurred on Monday, November 9th. The stock was purchased at an average price of C$50.33 per share, with a total value of C$100,660.00. Following the transaction, the insider owned 20,391 shares of the company’s stock, valued at C$1,026,279.03. This trade represents a 10.87% increase in their ownership of the stock.
Adam Iwanicki also recently made the following trade(s):
- On Thursday, November 5th, Adam Iwanicki sold 5,969 shares of Tenaz Energy stock. The shares were sold at an average price of C$50.80, for a total value of C$303,225.20.
Tenaz Energy Stock Performance
TSE TNZ opened at C$48.85 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 2.77 and a debt-to-equity ratio of 100.16. The business’s 50 day moving average is C$67.78 and its two-hundred day moving average is C$57.29. Tenaz Energy Corp. has a 12-month low of C$22.60 and a 12-month high of C$76.70. The stock has a market capitalization of C$1.62 billion, a price-to-earnings ratio of 13.06 and a beta of 1.14.
Tenaz Energy (TSE:TNZ – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported C($2.25) earnings per share (EPS) for the quarter. The business had revenue of C$269.01 million for the quarter. Tenaz Energy had a return on equity of 29.50% and a net margin of 22.09%. Research analysts expect that Tenaz Energy Corp. will post 0.39 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on TNZ. National Bank Financial increased their price objective on Tenaz Energy from C$91.00 to C$100.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 30th. BMO Capital Markets raised their target price on Tenaz Energy from C$70.00 to C$75.00 in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Tenaz Energy currently has a consensus rating of “Buy” and a consensus target price of C$81.25.
Read Our Latest Stock Report on Tenaz Energy
Tenaz Energy Company Profile
Tenaz Energy Corp. is an energy company focused on the acquisition and sustainable development of international oil and gas assets. Tenaz is the largest natural gas producer in the Netherlands and develops crude oil and natural gas at Leduc-Woodbend in Alberta. Additional information regarding Tenaz is available on SEDAR+ and at www.tenazenergy.com. Tenaz’s Common Shares are listed for trading on the Toronto Stock Exchange under the symbol ‘TNZ’.
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