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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tenaz Energy Corp ATUUF


Primary Symbol: T.TNZ

Tenaz Energy Corp. is a Canada-based energy company focused on the acquisition and sustainable development of international oil and gas assets. The Company has domestic operations in Canada along with offshore natural gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex Member of the Mannville Group at Leduc-Woodbend in central Alberta. The Netherlands natural gas assets are located in the Dutch sector of the North Sea. The Company also has an ownership interest in Noordgastransport B.V., which holds gas gathering and processing networks in the Dutch North Sea.


TSX:TNZ - Post by User

Comment by BERationaleon Mar 30, 2024 4:26pm
207 Views
Post# 35961248

RE:New Press Release - TENAZ ENERGY CORP. ANNOUNCES 2023 YEAR-END RESULTS

RE:New Press Release - TENAZ ENERGY CORP. ANNOUNCES 2023 YEAR-END RESULTSIncredible results from the company. Beat on cash flow by 40% from street estimates, reduced op costs per boe by 40% from Q3, reduced abandonment liabilities by 20% from Q3, doubled production year over year, increased PDP reserves by 22% - all without increasing the share count and while increasing its working capital position by $35 million. So the stock increases 4% on Friday with decent volume when it should have jumped a hell of a lot more - and it will once investors start paying attention. Great underlying asset value with upside when the big deal comes - and it will judging by the $2.5mm in M&A related costs in Q4. Great work management - buying more and holding for the long term - keep it up!
<< Previous
Bullboard Posts
Next >>