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Topaz Energy Earnings Calls
| Release date | Jul 27, 2026 |
| EPS estimate | $0.209 |
| EPS actual | $0.204 |
| EPS Surprise | -2.44% |
| Revenue estimate | 85.888M |
| Revenue actual | 78.285M |
| Revenue Surprise | -8.85% |
| Release date | May 05, 2026 |
| EPS estimate | $0.228 |
| EPS actual | $0.180 |
| EPS Surprise | -21.29% |
| Revenue estimate | 66.86M |
| Revenue actual | 67.99M |
| Revenue Surprise | 1.69% |
| Release date | Feb 24, 2026 |
| EPS estimate | $0.0798 |
| EPS actual | $0.153 |
| EPS Surprise | 91.68% |
| Revenue estimate | 72.092M |
| Revenue actual | 63.148M |
| Revenue Surprise | -12.41% |
| Release date | Nov 03, 2025 |
| EPS estimate | $0.0422 |
| EPS actual | $0.0718 |
| EPS Surprise | 70.06% |
| Revenue estimate | 70.484M |
| Revenue actual | 54.886M |
| Revenue Surprise | -22.13% |
Last 4 Quarters for Topaz Energy
Below you can see how TPZEF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Nov 03, 2025 |
| Price on release | $17.63 |
| EPS estimate | $0.0422 |
| EPS actual | $0.0718 |
| EPS surprise | 70.06% |
| Date | Price |
|---|---|
| Oct 28, 2025 | $17.85 |
| Oct 29, 2025 | $17.82 |
| Oct 30, 2025 | $17.82 |
| Oct 31, 2025 | $17.76 |
| Nov 03, 2025 | $17.63 |
| Nov 04, 2025 | $17.44 |
| Nov 05, 2025 | $17.66 |
| Nov 06, 2025 | $17.92 |
| Nov 07, 2025 | $18.01 |
| 4 days before | -1.23% |
| 4 days after | 2.15% |
| On release day | -1.07% |
| Change in period | 0.90% |
| Release date | Feb 24, 2026 |
| Price on release | $22.25 |
| EPS estimate | $0.0798 |
| EPS actual | $0.153 |
| EPS surprise | 91.68% |
| Date | Price |
|---|---|
| Feb 18, 2026 | $21.23 |
| Feb 19, 2026 | $21.55 |
| Feb 20, 2026 | $21.84 |
| Feb 23, 2026 | $21.93 |
| Feb 24, 2026 | $22.25 |
| Feb 25, 2026 | $22.49 |
| Feb 26, 2026 | $22.65 |
| Feb 27, 2026 | $22.65 |
| Mar 02, 2026 | $23.26 |
| 4 days before | 4.80% |
| 4 days after | 4.54% |
| On release day | 1.08% |
| Change in period | 9.56% |
| Release date | May 05, 2026 |
| Price on release | $23.57 |
| EPS estimate | $0.228 |
| EPS actual | $0.180 |
| EPS surprise | -21.29% |
| Date | Price |
|---|---|
| Apr 29, 2026 | $23.04 |
| Apr 30, 2026 | $23.11 |
| May 01, 2026 | $23.05 |
| May 04, 2026 | $23.19 |
| May 05, 2026 | $23.57 |
| May 06, 2026 | $23.26 |
| May 07, 2026 | $22.94 |
| May 08, 2026 | $23.17 |
| May 11, 2026 | $23.18 |
| 4 days before | 2.28% |
| 4 days after | -1.63% |
| On release day | -1.29% |
| Change in period | 0.608% |
| Release date | Jul 27, 2026 |
| Price on release | $22.60 |
| EPS estimate | $0.209 |
| EPS actual | $0.204 |
| EPS surprise | -2.44% |
| Date | Price |
|---|---|
| Jul 21, 2026 | $22.60 |
| Jul 22, 2026 | $23.15 |
| Jul 23, 2026 | $23.39 |
| Jul 24, 2026 | $23.18 |
| Jul 27, 2026 | $22.60 |
| Jul 28, 2026 | $23.14 |
| Jul 29, 2026 | $22.81 |
| Jul 30, 2026 | $22.83 |
| Jul 31, 2026 | $22.60 |
| 4 days before | 0.0221% |
| 4 days after | 0% |
| On release day | 2.39% |
| Change in period | 0.0221% |
Topaz Energy Earnings Call Transcript Summary of Q2 2026
Topaz Energy delivered a strong Q2 2026: royalty production rose 9% year-over-year to 24,233 BOE/d with record liquids royalties (7,178 bbls/d). Total revenue and other income were $111.2 million; cash flow was $88.4 million ($0.57/share) and free cash flow $86.6 million ($0.56/share). The company completed a $38.7 million tuck-in acquisition (300,000 gross acres) in NE BC Montney and the Deep Basin, adding >500 gross future drilling locations, and exited the quarter with $497.4 million of net debt (~1.2x net debt to annualized Q2 EBITDA). Activity was high (160 gross wells spud in Q2; Topaz represented 22% of WCSB spuds), and the company raised its 2026 average royalty production guidance to 23,900–24,300 BOE/d. Topaz generated a 92% operating margin on infrastructure (96% utilization), paid $54.2 million in dividends ($0.35/share) in Q2 and plans to keep the payout ratio at the lower end of its 60–90% long-term target to preserve flexibility for acquisitions. Management highlighted ongoing operational/technological improvements (e.g., completion techniques in Montney, Clearwater developments) that are driving better well performance and lower maintenance capital intensity. Exit net debt for 2026 is now estimated at $435–$440 million (pre any additional acquisitions).
