Added to YB: 2024-08-22
Pitch date: 2024-08-20
TNZ.TO [neutral]
Tenaz Energy Corp.
+192.99%
current return
Author Info
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Company Info
Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands.
Market Cap
CAD 361.5M
Pitch Price
CAD 8.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.47
P/E
-46.07
EV/Sales
6.24
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Show full summary:
Tenaz Energy Corp. - $TNZ.TO
TNZ.TO: Acquired NOBV for C$246M, generating C$140M pro-forma FCF. EV ~C$299M post-deal. Seller gets significant FCF for 2-3 years, then Tenaz keeps asset. 46% production hedged. First-world jurisdictions boost valuation. Waiting for potential dip to C$6 before considering entry.
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