About TAG Oil Ltd (TSE:TAO)
TAG Oil Ltd. engages in the exploration, development, and production of oil and gas. The company operates eight exploration and production permits in New Zealand; and an exploration and production permit in Australia. It holds interests in the Taranaki basin located in New Zealand; and a 100% interests in the Petroleum Lease 17 permit that covers 25,700 acres area, which is located in the Surat Basin in Australia. It also engages in marketing third-party oil and gas. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. TAG Oil Ltd. was founded in 1990 and is headquartered in Vancouver, Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:TAO
- CUSIP: N/A
- Web: www.tagoil.com/
- Market Cap: C$37.52 million
- Outstanding Shares: 85,282,000
- 50 Day Moving Avg: C$0.48
- 200 Day Moving Avg: C$0.57
- 52 Week Range: C$0.41 - C$0.87
Sales & Book Value:
- Trailing P/E Ratio: 1.26
- P/E Growth: -0.72
- Annual Revenue: C$20.55 million
- Price / Sales: 1.83
- Book Value: C$1.42 per share
- Price / Book: 0.31
- EBITDA: C$37.81 million
- Net Margins: -40.36%
- Return on Equity: -7.20%
- Return on Assets: -6.01%
- Average Volume: 34,584 shs.
- Short Ratio: 0.05
Frequently Asked Questions for TAG Oil Ltd (TSE:TAO)
What is TAG Oil Ltd's stock symbol?
TAG Oil Ltd trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TAO."
How were TAG Oil Ltd's earnings last quarter?
TAG Oil Ltd (TSE:TAO) issued its quarterly earnings results on Thursday, June, 29th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.01. The business had revenue of $6.26 million for the quarter, compared to the consensus estimate of $2 million. TAG Oil Ltd had a negative return on equity of 7.20% and a negative net margin of 40.36%. View TAG Oil Ltd's Earnings History.
When will TAG Oil Ltd make its next earnings announcement?
Where is TAG Oil Ltd's stock going? Where will TAG Oil Ltd's stock price be in 2017?
1 brokerages have issued 12-month price targets for TAG Oil Ltd's shares. Their forecasts range from C$1.25 to C$1.25. On average, they expect TAG Oil Ltd's share price to reach C$1.25 in the next year. View Analyst Ratings for TAG Oil Ltd.
Who are some of TAG Oil Ltd's key competitors?
Some companies that are related to TAG Oil Ltd include Colabor Group (GCL), Cathedral Energy Services Ltd (CET), Glacier Media (GVC), Fortress Paper (FTP), Forage Orbit Garant (OGD), TeraGo (TGO), Chinook Energy (CKE), Newalta (NAL), Aura Minerals (ORA), Perpetual Energy (PMT), Nevada Copper Corp (NCU), Concordia International Corp (CXR), Nexj Systems (NXJ), McCoy Global (MCB), INSCAPE (INQ), TransAtlantic Petroleum Ltd (TNP), Canadian Zinc Corp. (CZN) and Baylin Technologies (BYL).
Who are TAG Oil Ltd's key executives?
TAG Oil Ltd's management team includes the folowing people:
- Alex P. Guidi, Chairman of the Board
- Toby Pierce, Chief Executive Officer, Director
- Christopher John Ferguson, Chief Financial Officer
- Henrik Lundin, Chief Operating Officer
- Christopher Bailey, Vice President - Business Development
- Max Murray, New Zealand Country Manager
- Giuseppe J. Perone, Corporate Secretary
- Keith C. Hill, Lead Independent Director
- David John Bennett, Director
- Brad Holland, Director
How do I buy TAG Oil Ltd stock?
Shares of TAG Oil Ltd and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is TAG Oil Ltd's stock price today?
MarketBeat Community Rating for TAG Oil Ltd (TSE TAO)MarketBeat's community ratings are surveys of what our community members think about TAG Oil Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of TAG Oil Ltd stock can currently be purchased for approximately C$0.44.
Consensus Ratings for TAG Oil Ltd (TSE:TAO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||C$1.25|Consensus Price Target History for TAG Oil Ltd (TSE:TAO)
Analysts' Ratings History for TAG Oil Ltd (TSE:TAO)
(Data available from 10/20/2015 forward)
|4/20/2017||TD Securities||Lower Price Target||C$1.35 -> C$1.25|
|6/13/2016||Dundee Securities||Lower Price Target||Buy||C$1.20 -> C$1.10|
Earnings History for TAG Oil Ltd (TSE:TAO)Earnings History by Quarter for TAG Oil Ltd (TSE TAO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/13/2017|| || || || || || || || |
|6/29/2017||Q4 2017||C($0.03)||C($0.04)||C$2.00 million||C$6.26 million||View||N/A|
Earnings Estimates for TAG Oil Ltd (TSE:TAO)
2017 EPS Consensus Estimate: ($0.17)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for TAG Oil Ltd (TSE:TAO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for TAG Oil Ltd (TSE:TAO)Insider Trades by Quarter for TAG Oil Ltd (TSE:TAO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/21/2017||Toby Robert Pierce||Insider||Buy||40,000||C$0.10||C$4,000.00|
|2/17/2017||Toby Robert Pierce||Insider||Buy||5,000||C$0.62||C$3,100.00|
|2/16/2017||Toby Robert Pierce||Insider||Buy||15,000||C$0.63||C$9,450.00|
|12/7/2016||Toby Robert Pierce||Insider||Buy||1,000||C$0.78||C$780.00|
|3/9/2016||Toby Robert Pierce||Insider||Buy||4,000||C$0.69||C$2,760.00|
|3/8/2016||Toby Robert Pierce||Insider||Buy||10,000||C$0.62||C$6,200.00|
|2/12/2016||Alex P Guidi||Director||Buy||5,000||C$0.52||C$2,600.00|
|2/11/2016||Alex P Guidi||Director||Buy||7,500||C$0.52||C$3,900.00|
|2/10/2016||Alex P Guidi||Director||Buy||2,500||C$0.53||C$1,325.00|
|2/9/2016||Alex P Guidi||Director||Buy||10,000||C$0.53||C$5,300.00|
|12/8/2015||Akanthos Capital Management Ll||Insider||Buy||4,500||C$0.43||C$1,921.05|
|12/7/2015||Toby Robert Pierce||Insider||Buy||10,000||C$0.60||C$6,000.00|
|11/27/2015||Akanthos Capital Management Ll||Insider||Buy||2,500||C$0.46||C$1,159.25|
|11/24/2015||Akanthos Capital Management Ll||Insider||Buy||2,800||C$0.48||C$1,346.52|
|11/20/2015||Akanthos Capital Management Ll||Insider||Buy||48,600||C$0.47||C$22,890.60|
|11/16/2015||Akanthos Capital Management Ll||Insider||Buy||6,700||C$0.47||C$3,167.76|
|11/13/2015||Akanthos Capital Management Ll||Insider||Buy||15,200||C$0.47||C$7,163.76|
|11/10/2015||Akanthos Capital Management Ll||Insider||Buy||36,000||C$0.54||C$19,530.00|
|11/6/2015||Akanthos Capital Management Ll||Insider||Buy||87,500||C$0.53||C$46,742.50|
|10/21/2015||Oil Ltd. Tag||Insider||Buy||27,000||C$0.75||C$20,250.00|
|9/25/2015||Oil Ltd. Tag||Insider||Buy||27,000||C$0.90||C$24,300.00|
|8/24/2015||Toby Robert Pierce||Insider||Buy||5,000||C$0.94||C$4,700.00|
|8/21/2015||Toby Robert Pierce||Insider||Buy||2,500||C$0.99||C$2,475.00|
|8/20/2015||Toby Robert Pierce||Insider||Buy||5,000||C$0.99||C$4,950.00|
|8/19/2015||Toby Robert Pierce||Insider||Buy||10,000||C$1.07||C$10,700.00|
|7/21/2015||Toby Robert Pierce||Insider||Buy||18,200||C$1.25||C$22,750.00|
|7/20/2015||Toby Robert Pierce||Insider||Buy||1,800||C$1.25||C$2,250.00|
|7/8/2015||Oil Ltd. Tag||Insider||Buy||12,800||C$1.31||C$16,768.00|
|7/3/2015||Toby Robert Pierce||Insider||Buy||5,000||C$1.35||C$6,750.00|
|7/2/2015||Toby Robert Pierce||Insider||Buy||5,000||C$1.38||C$6,900.00|
|4/15/2015||Oil Ltd. Tag||Insider||Buy||5,300||C$1.31||C$6,943.00|
|4/14/2015||Oil Ltd. Tag||Insider||Buy||27,000||C$1.29||C$34,840.80|
|4/10/2015||Oil Ltd. Tag||Insider||Buy||15,100||C$1.31||C$19,781.00|
|3/13/2015||Alex P Guidi||Director||Buy||18,300||C$1.31||C$23,963.85|
|3/12/2015||Alex P Guidi||Director||Buy||8,700||C$1.33||C$11,571.00|
|3/12/2015||Oil Ltd. Tag||Insider||Buy||14,800||C$1.32||C$19,536.00|
|3/5/2015||Alex P Guidi||Director||Buy||1,200||C$1.42||C$1,704.00|
|1/14/2015||Oil Ltd. Tag||Insider||Buy||10,000||C$1.45||C$14,500.00|
|10/30/2014||Oil Ltd. Tag||Insider||Buy||3,300||C$1.60||C$5,280.00|
|10/29/2014||Alex P Guidi||Director||Buy||4,300||C$1.61||C$6,923.00|
|10/28/2014||Alex P Guidi||Director||Buy||6,600||C$1.61||C$10,626.00|
|10/27/2014||Alex P Guidi||Director||Buy||22,100||C$1.61||C$35,581.00|
|10/24/2014||Alex P Guidi||Director||Buy||10,700||C$1.64||C$17,548.00|
|10/23/2014||Alex P Guidi||Director||Buy||16,100||C$1.65||C$26,565.00|
Headline Trends for TAG Oil Ltd (TSE:TAO)
Latest Headlines for TAG Oil Ltd (TSE:TAO)
TAG Oil Ltd (TAO) Chart for Friday, October, 20, 2017