TAG Oil Ltd Company Profile (TSE:TAO)

About TAG Oil Ltd (TSE:TAO)

TAG Oil Ltd logoTAG 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/
Capitalization:
  • Market Cap: C$37.52 million
  • Outstanding Shares: 85,282,000
Average Prices:
  • 50 Day Moving Avg: C$0.48
  • 200 Day Moving Avg: C$0.57
  • 52 Week Range: C$0.41 - C$0.87
P/E:
  • Trailing P/E Ratio: 1.26
  • P/E Growth: -0.72
Sales & Book Value:
  • Annual Revenue: C$20.55 million
  • Price / Sales: 1.83
  • Book Value: C$1.42 per share
  • Price / Book: 0.31
Profitability:
  • EBITDA: C$37.81 million
  • Net Margins: -40.36%
  • Return on Equity: -7.20%
  • Return on Assets: -6.01%
Misc:
  • 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?

TAG Oil Ltd is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for TAG Oil Ltd.

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?

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?

One share of TAG Oil Ltd stock can currently be purchased for approximately C$0.44.


MarketBeat Community Rating for TAG Oil Ltd (TSE TAO)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  118
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.

Analyst Ratings

Consensus Ratings for TAG Oil Ltd (TSE:TAO) (How are Consensus Ratings Calculated?)
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)
Price Target History for TAG Oil Ltd (TSE:TAO)
Analysts' Ratings History for TAG Oil Ltd (TSE:TAO)
Show:
DateFirmActionRatingPrice TargetDetails
4/20/2017TD SecuritiesLower Price TargetC$1.35 -> C$1.25View Rating Details
6/13/2016Dundee SecuritiesLower Price TargetBuyC$1.20 -> C$1.10View Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for TAG Oil Ltd (TSE:TAO)
Earnings by Quarter for TAG Oil Ltd (TSE:TAO)
Earnings History by Quarter for TAG Oil Ltd (TSE TAO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017        
6/29/2017Q4 2017C($0.03)C($0.04)C$2.00 millionC$6.26 millionViewN/AView Earnings Details
3/22/2014C$0.07C$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TAG Oil Ltd (TSE:TAO)
2017 EPS Consensus Estimate: ($0.17)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.05)($0.05)($0.05)
Q2 20171($0.04)($0.04)($0.04)
Q3 20171($0.04)($0.04)($0.04)
Q4 20171($0.04)($0.04)($0.04)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for TAG Oil Ltd (TSE:TAO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for TAG Oil Ltd (TSE:TAO)
Insider Trades by Quarter for TAG Oil Ltd (TSE:TAO)
Insider Trades by Quarter for TAG Oil Ltd (TSE:TAO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/21/2017Toby Robert PierceInsiderBuy40,000C$0.10C$4,000.00
2/17/2017Brad HollandDirectorBuy10,000C$0.60C$6,000.00
2/17/2017Toby Robert PierceInsiderBuy5,000C$0.62C$3,100.00
2/16/2017Toby Robert PierceInsiderBuy15,000C$0.63C$9,450.00
12/7/2016Toby Robert PierceInsiderBuy1,000C$0.78C$780.00
3/9/2016Toby Robert PierceInsiderBuy4,000C$0.69C$2,760.00
3/8/2016Toby Robert PierceInsiderBuy10,000C$0.62C$6,200.00
2/12/2016Alex P GuidiDirectorBuy5,000C$0.52C$2,600.00
2/11/2016Alex P GuidiDirectorBuy7,500C$0.52C$3,900.00
2/10/2016Alex P GuidiDirectorBuy2,500C$0.53C$1,325.00
2/9/2016Alex P GuidiDirectorBuy10,000C$0.53C$5,300.00
12/8/2015Akanthos Capital Management LlInsiderBuy4,500C$0.43C$1,921.05
12/7/2015Toby Robert PierceInsiderBuy10,000C$0.60C$6,000.00
11/27/2015Akanthos Capital Management LlInsiderBuy2,500C$0.46C$1,159.25
11/24/2015Akanthos Capital Management LlInsiderBuy2,800C$0.48C$1,346.52
11/20/2015Akanthos Capital Management LlInsiderBuy48,600C$0.47C$22,890.60
11/16/2015Akanthos Capital Management LlInsiderBuy6,700C$0.47C$3,167.76
11/13/2015Akanthos Capital Management LlInsiderBuy15,200C$0.47C$7,163.76
11/10/2015Akanthos Capital Management LlInsiderBuy36,000C$0.54C$19,530.00
11/6/2015Akanthos Capital Management LlInsiderBuy87,500C$0.53C$46,742.50
10/21/2015Oil Ltd. TagInsiderBuy27,000C$0.75C$20,250.00
9/25/2015Oil Ltd. TagInsiderBuy27,000C$0.90C$24,300.00
9/2/2015Henrik LundinDirectorBuy5,000C$0.97C$4,850.00
8/27/2015Frank JacobsInsiderBuy5,000C$1.00C$5,000.00
8/24/2015Toby Robert PierceInsiderBuy5,000C$0.94C$4,700.00
8/21/2015Toby Robert PierceInsiderBuy2,500C$0.99C$2,475.00
8/20/2015Toby Robert PierceInsiderBuy5,000C$0.99C$4,950.00
8/19/2015Toby Robert PierceInsiderBuy10,000C$1.07C$10,700.00
8/18/2015Frank JacobsInsiderBuy5,000C$1.15C$5,750.00
7/21/2015Toby Robert PierceInsiderBuy18,200C$1.25C$22,750.00
7/20/2015Toby Robert PierceInsiderBuy1,800C$1.25C$2,250.00
7/8/2015Oil Ltd. TagInsiderBuy12,800C$1.31C$16,768.00
7/3/2015Toby Robert PierceInsiderBuy5,000C$1.35C$6,750.00
7/2/2015Toby Robert PierceInsiderBuy5,000C$1.38C$6,900.00
5/4/2015Brad HollandDirectorBuy10,000C$1.50C$15,000.00
4/15/2015Oil Ltd. TagInsiderBuy5,300C$1.31C$6,943.00
4/14/2015Oil Ltd. TagInsiderBuy27,000C$1.29C$34,840.80
4/10/2015Oil Ltd. TagInsiderBuy15,100C$1.31C$19,781.00
3/13/2015Alex P GuidiDirectorBuy18,300C$1.31C$23,963.85
3/12/2015Alex P GuidiDirectorBuy8,700C$1.33C$11,571.00
3/12/2015Oil Ltd. TagInsiderBuy14,800C$1.32C$19,536.00
3/5/2015Alex P GuidiDirectorBuy1,200C$1.42C$1,704.00
1/14/2015Oil Ltd. TagInsiderBuy10,000C$1.45C$14,500.00
10/30/2014Oil Ltd. TagInsiderBuy3,300C$1.60C$5,280.00
10/29/2014Alex P GuidiDirectorBuy4,300C$1.61C$6,923.00
10/28/2014Alex P GuidiDirectorBuy6,600C$1.61C$10,626.00
10/27/2014Alex P GuidiDirectorBuy22,100C$1.61C$35,581.00
10/24/2014Alex P GuidiDirectorBuy10,700C$1.64C$17,548.00
10/23/2014Alex P GuidiDirectorBuy16,100C$1.65C$26,565.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TAG Oil Ltd (TSE:TAO)
Latest Headlines for TAG Oil Ltd (TSE:TAO)
Source:
DateHeadline
finance.yahoo.com logoTAG Oil Provides Operational Update
finance.yahoo.com - October 19 at 9:36 AM
finance.yahoo.com logoTAG Oil Provides Operational Update
finance.yahoo.com - October 19 at 9:36 AM
ft.com logoIEnova buys Pemex stake in Ramones Mexico gas pipeline
www.ft.com - October 11 at 3:41 PM
finance.yahoo.com logoWhen Should You Buy TAG Oil Ltd (TSX:TAO)?
finance.yahoo.com - October 6 at 11:02 AM
ft.com logoFake Saudi Aramco website surfaces
www.ft.com - October 3 at 1:16 PM
finance.yahoo.com logoTAG Oil Provides Update on Cheal-D1 Testing
finance.yahoo.com - September 5 at 9:02 AM
finance.yahoo.com logoTAG Oil Ltd. :TAO-CA: Earnings Analysis: Q1, 2018 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 8:01 AM
finance.yahoo.com logoTAG Oil Reports Q1 2018 Results
finance.yahoo.com - August 15 at 7:29 AM
americanbankingnews.com logoTAG Oil Ltd (TSE:TAO) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - August 7 at 7:09 AM
finance.yahoo.com logoTAG Oil Ltd. :TAO-CA: Earnings Analysis: Q4, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 8:50 AM
finance.yahoo.com logoTAG Oil Ltd. :TAO-CA: Earnings Analysis: 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 7:43 AM
prnewswire.com logoTAG Oil Reports FY2017 Results - PR Newswire - PR Newswire (press release)
www.prnewswire.com - June 30 at 7:08 AM
marketwatch.com logoEast West Announces Success at the Cheal-E8 Exploration Well
www.marketwatch.com - May 25 at 4:03 AM

Social

Chart

TAG Oil Ltd (TAO) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.