Risk factor
Meaningful price volatility
Profitability factor
Very favourable analyst view
About
Operating out of Calgary, Canada, Tenaz Energy Corp. is an energy firm dedicated to the acquisition and development of petroleum and natural gas assets throughout central Alberta. By December 31, 2021, the company had established considerable stakes in various properties: an 85.7% working interest across 36,208 acres at the Leduc-Woodbend Rex Pool property; a 52.4% working interest over 1,920 acres in the Leduc-Woodbend Glauconitic D Unit No.1 property; and an 87.5% working interest in 7,175 acres located in the Entice region. Furthermore, its operations involved 30 actively producing oil wells, alongside 35 others that were not yet yielding output. The entity previously known as Altura Energy Inc. officially adopted the name Tenaz Energy Corp. in October 2021.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, ov
Target Price
The average target price of TNZ.TO is 84 and suggests 64% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa