Tenaz Energy (TNZ) Stock Price, News & Analysis

Company Overview

Tenaz Energy Corp. (TSX:TNZ) is a public energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders.Tenaz has domestic operations in Canada along with offshore gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc-Woodbend in central Alberta. The Netherlands gas assets are located in the Dutch sector of the North Sea. Tenaz also has an ownership interest in Noordgastransport B.V. which holds one of the largest gas gathering and processing networks in the Dutch North Sea.

Key Stats

• Today's Range: C$21.70 to C$22.79
• 50-Day Range: C$18.10 to C$23.25
• 52-Week Range: C$7.57 to C$23.53
• Volume: 91,815 shs
• Average Volume: 68,103 shs
• Market Capitalization: C$626.04 million
• P/E Ratio: 4.17
• Dividend Yield: 5.50%
• Price Target: C$20.25
• Consensus Rating: Strong Buy

Tenaz Energy Stock Analysis - MarketRank™

Tenaz Energy scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Tenaz Energy has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Downside Risk

Tenaz Energy has a consensus price target of C$20.25, representing about 8.2% downside from its current price of C$22.07.

Amount of Analyst Coverage

Tenaz Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tenaz Energy is 4.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 278.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tenaz Energy is 4.17, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 40.14.

Price to Book Value per Share Ratio

Tenaz Energy has a P/B Ratio of 6.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TNZ.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Tenaz Energy is a leading dividend payer. It pays a dividend yield of 5.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Tenaz Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TNZ.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: N/A

News Sentiment

Tenaz Energy has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.85 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Tenaz Energy this week, compared to 0 articles on an average week.

MarketBeat Follows

1 people have added Tenaz Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tenaz Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.41% of the stock of Tenaz Energy is held by insiders.

Percentage Held by Institutions

Only 1.14% of the stock of Tenaz Energy is held by institutions.

TNZ Stock Analysis - Frequently Asked Questions

How have TNZ shares performed this year?

Tenaz Energy's stock was trading at C$14.03 at the beginning of the year. Since then, TNZ stock has increased by 57.3% and is now trading at C$22.07.

How do I buy shares of Tenaz Energy?

Shares of TNZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Tenaz Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tenaz Energy investors own include Intel (INTC), AutoZone (AZO), Cisco Systems (CSCO), Freehold Royalties (FRU), Merck & Co., Inc. (MRK), TJX Companies (TJX) and Abacus Health Products (ABAHF).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:TNZ
• CIK: N/A
• Web: www.tenazenergy.com
• Phone: 403 984 5197
• Fax: N/A
• Employees: 15
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Tenaz Energy: C$20.25
• High Price Target: C$23.00
• Low Price Target: C$17.50
• Potential Upside/Downside: -8.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C$5.29
• Trailing P/E Ratio: 4.17
• Forward P/E Ratio: 56.64
• P/E Growth: N/A
• Net Income: C$1.88 million
• Net Margins: 2.83%
• Pretax Margin: N/A
• Return on Equity: 1.90%
• Return on Assets: -2.17%

Debt

• Debt-to-Equity Ratio: 10.56
• Current Ratio: 1.43
• Quick Ratio: 2.77

Sales & Book Value

• Annual Sales: C$108.91 million
• Price / Sales: 5.75
• Cash Flow: C$7.96 per share
• Price / Cash Flow: 2.77
• Book Value: C$3.55 per share
• Price / Book: 6.22

Miscellaneous

• Outstanding Shares: 28,366,000
• Free Float: N/A
• Market Cap: C$626.04 million
• Optionable: Not Optionable
• Beta: 1.31