Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Topaz Energy Corp TPZEF


Primary Symbol: T.TPZ

Topaz Energy Corp. is a Canada-based royalty and infrastructure energy company. The Company is primarily focused on developing its business by acquiring and developing relationship with natural gas producers, such as Tourmaline Oil Corp. It owns gross overriding royalty (GORR) interests on approximately 5.3 million acres of land located throughout the prolific natural gas plays in the Western Canadian Sedimentary Basin (WCSB). The Company has royalty interests in the Clearwater and Charlie Lake operating areas of Alberta, as well as working interest in a sweet natural gas processing facility and associated crude oil battery in the Wembley area. It has GORR interests on over 380 thousand acres of land located in the Clearwater area in Alberta. Its assets are located throughout Canada's resource plays, such as the NEBC Montney, Alberta Deep Basin, Central Alberta, Peace River High area of British Columbia/Alberta, Alberta Clearwater, Saskatchewan Weyburn and Manitoba.


TSX:TPZ - Post by User

Post by Cheadle12on May 17, 2021 5:16pm
243 Views
Post# 33216282

Started a position today

Started a position today

Good enough for me.  Nice yield (that they'll grow) and this is one of the select few names in the sector making deals every few months.

You can almost guarantee that in 5 years, this name will be one to look back on and say "I wish I bought some".  

Buy some, don't look at it every day and time will be your friend. 
 

Great mgmt & they don't sit on their hands.. their synergies with TOU are excellent.  TOU can acquire (as they will continue to do) and TPZ take on a royalty and provide some of the up front funding.    

Eventually a large % of the FCF will be paid out via dividends.. this is just the start.

<< Previous
Bullboard Posts
Next >>