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Added to YB: 2026-01-15

Pitch date: 2026-01-14

TNZ.TO [bullish]

Tenaz Energy Corp.

Author Info

No bio for this author

Company Info

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas properties in Canada and the Netherlands.

Market Cap

CAD 945.0M

Pitch Price

N/A

Price Target

52.00 (+64%)

Dividend

N/A

EV/EBITDA

10.01

P/E

4.59

EV/Sales

4.91

Sector

Oil, Gas and Consumable Fuels

Category

value

Show full summary:
Is This Happening Again? - Tenaz Energy Corp.

TNZ.TO (new position): O&G co w/ Dutch North Sea gas assets. Acquired GEMS for $339M at 2.1x 2026E FFO, +31% production/share, +45% FFO/share. Production growth 16k→30k boe/d by 2027. Mgmt increased ownership to 16.3%. National Bank $52 PT (25% FCF yield 2027). 56% TTF hedged Q4'25. Risk: TTF price volatility.

Read full article (4 min)