Added to YB: 2024-11-01
Pitch date: 2024-10-30
TNZ.TO [bullish]
Tenaz Energy Corp.
+155.22%
current return
Author Info
H Capital is an M&A Consultant who writes about cheap, high potential stocks. Sign up for the newsletter.
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 9.49
Price Target
36.88 (+55%)
Dividend
N/A
EV/EBITDA
23.47
P/E
-46.07
EV/Sales
6.24
Sector
Oil, Gas and Consumable Fuels
Category
value
Tenaz Energy Corp. ($TNZ.TO)
TNZ.TO: Transformational acquisition increases production 390% to 13,800 boe/d, 2P reserves 370% to 68.2M boe. Proforma FCF ~$150M/yr ($5/share). No dilution. Hedged 46% of 2024-26 production at $17/mcf. Trading at <2x EV/FCF. 1P NPV10 ~$22.5/share vs $9.22 price. 300% upside potential in 3-5 years.
Read full article (5 min)