Tenaz Energy (TSE:TNZ) Upgraded at National Bank Financial

Tenaz Energy (TSE:TNZ) was upgraded by National Bank Financial to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

TNZ has been the subject of several other reports. Haywood Securities raised their price target on shares of Tenaz Energy from C$14.25 to C$17.50 in a report on Wednesday, December 18th. National Bankshares set a C$23.00 price objective on Tenaz Energy and gave the company an “outperform” rating in a research note on Friday.

Tenaz Energy Stock Performance

Shares of TNZ opened at C$15.25 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.44 and a quick ratio of 2.77. The firm has a market cap of C$416.63 million, a PE ratio of 17.53 and a beta of 1.65. Tenaz Energy has a 1 year low of C$3.40 and a 1 year high of C$15.43. The stock’s fifty day moving average price is C$13.66 and its two-hundred day moving average price is C$10.75.

Tenaz Energy (TSE:TNZ) last released its quarterly earnings data on Thursday, November 7th. The company reported C($0.09) earnings per share (EPS) for the quarter. The company had revenue of C$14.82 million for the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. On average, equities research analysts forecast that Tenaz Energy will post 0.3896418 EPS for the current year.

Tenaz Energy Company Profile

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.