Bullboard - Stock Discussion Forum Tenaz Energy Corp ATUUF

Primary Symbol: T.TNZ

Energy Oil & Gas E&P

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... see more

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TSX:TNZ - Post Discussion

Tenaz Energy Corp > Dutch Gas Prices

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Post by BERationale on Jul 31, 2024 1:31am

Dutch Gas Prices

Approaching one month high and setting up for a solid Winter. TNZ may end up getting paid to buy these assets by the time the transaction closes!

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Comment by elkrub on Jul 31, 2024 5:33pm

First Post I know nothing...what does "TNZ may end up getting paid to buy these assets by the time the transaction closes!" thx

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Comment by BERationale on Aug 01, 2024 12:55am

They recieve all of the free cash flow from the assets in 2024 and 50% in 2025. "The acquired assets are expected to generate over €90 million of free cash flow in 2024. Cash flows are significantly protected by fixed price hedging contracts on 46% of production from 2024 through 2026 at an average fixed price of €38.79/MWh ($16.94/MMbtu)." If gas prices are higher than strip ...more

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Comment by BERationale on Aug 07, 2024 11:07am

Dutch gas Sept contracts up 4.5% today and hitting close to a 6 month high. The market is out to lunch on what this means for the stock - should be trading up $0.50/share+ today off the back of this. Good buying opportunity - I expect management will bring the FCF impact to our attention in their Q2 coming out next week and I continue to believe at these prices TNZ will "get paid" to ...more

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