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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

Comment by JohnSPon May 02, 2023 11:21am
471 Views
Post# 35425134

RE:TD View and Target Bump to $23.00

RE:TD View and Target Bump to $23.00Thanks, also their previous Corp Presentation said "Current div is sustainable down to worst case $1.50 AECO & US$35 WTI OR $0 AECO & US$55 WTI".

Their new Corp Pres says "Current div is sustainable down to worst case $1.50 AECO & US$30 WTI OR $0 AECO & US$50 WTI".

Which is USD5 better on oil in either worst case scenario, given the way oil prices are dropping, just hope we don't get there . . .


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