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Topaz Energy Corp T.TPZ

Alternate Symbol(s):  TPZEF

Topaz Energy Corp. is a royalty and infrastructure energy company. The Company is focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada's natural gas producer, Tourmaline Oil Corp. Its asset portfolio is made up of royalty interests across approximately six million gross acres in the Western Canadian Sedimentary Basin (WCSB). Its assets are strategically located throughout Canada's resource plays, including NEBC Montney, Alberta Clearwater, Deep Basin, Peace River (Charlie Lake), Central Alberta, Southeast Saskatchewan and Manitoba. Its segments include royalty production and infrastructure. Its facilities provide services to customers on a fee-for-service basis, including natural gas processing and water usage, storage and disposal. The Company also invests in environmentally responsible oil assets. It also has working interest in the Musreau Facility.


TSX:TPZ - Post by User

Post by Cheadle12on May 17, 2021 5:16pm
292 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.

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