Tenaz Energy (TSE:TNZ) Price Target Raised to C$66.00

Tenaz Energy (TSE:TNZ) had its price target hoisted by National Bankshares from C$52.00 to C$66.00 in a report published on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Tenaz Energy Stock Down 4.4%

Shares of TNZ opened at C$39.91 on Tuesday. The firm has a market cap of C$1.28 billion, a P/E ratio of 6.50 and a beta of 1.72. Tenaz Energy has a 12 month low of C$10.59 and a 12 month high of C$42.09. The stock’s 50 day moving average is C$28.68 and its two-hundred day moving average is C$24.82. The company has a current ratio of 1.43, a quick ratio of 2.77 and a debt-to-equity ratio of 10.56.

Tenaz Energy (TSE:TNZ) last announced its earnings results on Thursday, November 6th. The company reported C$0.75 earnings per share (EPS) for the quarter. The firm had revenue of C$93.78 million for the quarter. Tenaz Energy had a return on equity of 1.90% and a net margin of 2.83%. Analysts predict that Tenaz Energy will post 0.3896418 earnings per share for the current fiscal year.

Tenaz Energy Company Profile

Tenaz Energy Corp. (TSX:TNZ) is a public energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders.Tenaz has domestic operations in Canada along with offshore gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc-Woodbend in central Alberta. The Netherlands gas assets are located in the Dutch sector of the North Sea.