National Bankshares Analysts Give Tenaz Energy (TSE:TNZ) a C$23.00 Price Target

National Bankshares set a C$23.00 price objective on Tenaz Energy (TSE:TNZ) in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Haywood Securities lifted their price target on Tenaz Energy from C$14.25 to C$17.50 in a research note on Wednesday, December 18th.

Tenaz Energy Stock Up 10.9 %

Shares of Tenaz Energy stock opened at C$15.25 on Friday. Tenaz Energy has a twelve month low of C$3.40 and a twelve month high of C$15.43. The stock has a market capitalization of C$416.63 million, a price-to-earnings ratio of 17.53 and a beta of 1.65. The company has a current ratio of 2.44, a quick ratio of 2.77 and a debt-to-equity ratio of 0.26. The business’s 50 day simple moving average is C$13.68 and its 200-day simple moving average is C$10.78.

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