Oct 13 close Sign in

Energy & power

Topaz Energy (TPZ)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold48 / 100

Hold: 48 is between your Sell line (40) and Buy line (60). Off the high (−9% from its 1-year high) scores 69 and lifts it; Plays in (36%) scores 36 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightTPZPointsWeightAdds
Plays in36%364014.4
Off the high−9% from its 1-year high693020.7
Trend−1% vs 200-day423012.6
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for TPZ
FactorTPZPointsWhat it is
Plays in36%36The share of the plays you count that hold it now.
Analysts' upside+23% · 11 analysts · capped: below 200-day50How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating1.5 · buy73The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E26.6×47Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E23.8×21Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG––P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales12.5×13Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book3.1×48Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield4.8%88Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth+23%53Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth+37%78Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin39%91Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity10%43Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity0.36×60Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−9% from its 1-year high69How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend−1% vs 200-day42How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum+24%61The price change over the last 12 months. Higher ranks higher.
Low crash exposure0/10 · low100The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on TPZ

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in36 / 100Every play Be The Puck tests, in 7 families.
Crash exposureLow0 of 10 on the storm testMayer Multiple0.99×Price ÷ its 200-day average (−1%). Higher than on 19% of days since 2021. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about TPZ now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved TPZ lately

Its 2 biggest moves against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Wed Sep 16−4.3% against the S&P/TSX2.6× a normal day

TPZ −4.6%, the S&P/TSX −0.3% that session; −6.7% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on TPZ was found for this session. Be The Puck's headline archive for TPZ starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.3%. The 58 other Energy & power stocks Be The Puck covers moved −1.4% on average, so most of the move was its own.

Tue Sep 15+3.2% against the S&P/TSX2.0× a normal day

TPZ +2.9%, the S&P/TSX −0.3% that session; −5.7% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on TPZ was found for this session. Be The Puck's headline archive for TPZ starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.3%. The 58 other Energy & power stocks Be The Puck covers moved +1.0% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on TPZ

All 100 plays, by family.

Calls right: how often the play's calls on TPZ went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2020. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyINOct 13, 2026 0.0%Exit below C$29.01 (−2.6%)25% 44/174+7.5% / +20.2%−19.0% / −24.8%
Bull Market Support BandBenjamin Cowen · weeklyOUTSep 11, 2026 −2.2%Enter above C$30.53 (+2.6%)19% 6/31+8.8% / +19.5%−28.1% / −24.8%
Ripster EMA CloudRipster · dailyOUTSep 16, 2026 −1.2%Enter above C$29.98 (+0.7%)25% 24/95+11.7% / +20.2%−22.7% / −24.8%
Trend TemplateMark Minervini · dailyOUTSep 16, 2026 −1.2%Enter above C$58.00 (+94.8%)12% 6/51+4.3% / +17.2%−22.2% / −24.8%
Stage AnalysisStan Weinstein · weeklyOUTSep 11, 2026 −2.2%Enter above C$35.96 (+20.8%)17% 4/23+9.2% / +18.8%−36.7% / −24.8%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTSep 4, 2026 −5.0%Enter above C$31.95 (+7.3%)14% 5/37−2.7% / +16.4%−43.4% / −24.8%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 +4.6%Enter above C$30.18 (+1.4%)57% 4/7+14.2% / +18.8%−23.0% / −24.8%
200-Day RulePaul Tudor Jones · dailyOUTSep 23, 2026 +2.1%Enter above C$29.94 (+0.6%)16% 7/45+9.4% / +19.1%−29.7% / −24.8%
Golden CrossMarket tradition · dailyINJul 15, 2025 +23.6%Exit below C$8.68 (−70.8%)33% 2/6+12.7% / +19.1%−26.1% / −24.8%
Granville 200-DayJoseph E. Granville · dailyOUTSep 23, 2026 +2.1%Enter above C$29.94 (+0.6%)19% 7/37+7.7% / +19.3%−29.7% / −24.8%
Hull Moving AverageAlan Hull · weeklyOUTSep 11, 2026 −2.2%Enter above C$32.36 (+8.7%)36% 13/36+8.4% / +20.8%−23.5% / −24.8%
Kaufman Adaptive MAPerry J. Kaufman · dailyINOct 9, 2026 +2.0%Exit below C$29.09 (−2.3%)25% 54/218+6.6% / +20.3%−27.0% / −24.8%
TEMA CrossoverPatrick G. Mulloy · dailyOUTSep 11, 2026 −2.2%Enter above C$29.41 (−1.2%)27% 20/74+4.4% / +20.7%−32.4% / −24.8%
Seykota 15/150Ed Seykota · dailyINMay 13, 2025 +27.8%Exit below C$12.50 (−58.0%)33% 2/6+10.6% / +17.4%−24.8% / −24.8%
Guppy Multiple MAsDaryl Guppy · dailyOUTSep 11, 2026 −2.2%Enter above C$39.55 (+32.9%)34% 12/35+10.3% / +19.5%−23.9% / −24.8%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 16, 2026 −1.2%Not on one close27% 11/41+5.9% / +19.4%−33.6% / −24.8%
SupertrendOlivier Seban · dailyOUTSep 16, 2026 −1.2%Enter above C$30.17 (+1.3%)36% 17/47+2.5% / +20.2%−26.1% / −24.8%
Williams AlligatorBill Williams · dailyOUTSep 14, 2026 −3.0%Not on one close46% 46/99+8.3% / +20.2%−22.1% / −24.8%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTSep 9, 2026 −3.6%Enter above C$28.34 (−4.8%)37% 59/159+6.2% / +19.5%−27.5% / −24.8%
AroonTushar S. Chande · dailyOUTSep 21, 2026 +2.0%Enter above C$31.74 (+6.6%)29% 17/59+4.3% / +20.2%−28.1% / −24.8%
Parabolic SARJ. Welles Wilder Jr. · dailyINOct 8, 2026 +3.2%Exit below C$28.24 (−5.1%)39% 48/124+6.6% / +19.9%−30.8% / −24.8%
ADX TrendJ. Welles Wilder Jr. · dailyINOct 13, 2026 0.0%Exit below C$29.14 (−2.1%)24% 11/46−2.0% / +20.1%−23.1% / −24.8%
MACD Zero LineGerald Appel · dailyOUTSep 11, 2026 −2.2%Enter above C$34.33 (+15.3%)24% 15/63+6.8% / +19.0%−27.3% / −24.8%
Zweig 4% ModelMartin Zweig · weeklyOUTSep 11, 2026 −2.2%Enter above C$29.57 (−0.7%)39% 22/57+4.2% / +20.2%−33.5% / −24.8%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTSep 11, 2026 −2.2%Enter above C$50.74 (+70.4%)25% 17/69+2.6% / +19.0%−34.2% / −24.8%
Schaff Trend CycleDoug Schaff · dailyINOct 9, 2026 +2.0%Not on one close31% 19/61+6.9% / +20.7%−35.3% / −24.8%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTSep 11, 2026 −2.2%Enter above C$33.67 (+13.1%)32% 11/34+12.0% / +20.2%−27.3% / −24.8%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTSep 17, 2026 −1.5%Enter above C$41.49 (+39.4%)33% 9/27+13.0% / +20.2%−24.0% / −24.8%
Elder Triple ScreenAlexander Elder · dailyOUTSep 8, 2026 −4.3%Not on one close32% 13/40+2.3% / +17.5%−15.8% / −24.8%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTApr 1, 2026 +0.8%Not on one close33% 4/12+1.1% / +19.0%−7.5% / −24.8%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 16, 2026 −1.2%Enter above C$31.63 (+6.2%)33% 12/36+7.4% / +20.2%−25.9% / −24.8%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTMay 27, 2026 −4.3%Enter above C$32.70 (+9.8%)37% 14/38+8.6% / +20.2%−14.3% / −24.8%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTJun 16, 2026 −2.3%Enter above C$32.70 (+9.8%)35% 9/26+7.9% / +20.2%−21.1% / −24.8%
Clenow TrendAndreas F. Clenow · dailyOUTJun 16, 2026 −2.3%Enter above C$40.89 (+37.3%)37% 11/30+4.5% / +20.2%−15.3% / −24.8%
Darvas BoxNicolas Darvas · dailyOUTSep 21, 2026 +2.0%Enter above C$30.37 (+2.0%)33% 12/36+6.2% / +20.2%−20.9% / −24.8%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTJul 28, 2026 −4.6%Enter above C$30.70 (+3.1%)23% 10/44+1.0% / +20.3%−24.5% / −24.8%
Bollinger BreakoutJohn Bollinger · dailyOUTMay 27, 2026 −4.3%Enter above C$30.57 (+2.7%)25% 18/72+2.6% / +20.1%−28.1% / −24.8%
Chandelier ExitChuck LeBeau · dailyOUTSep 16, 2026 −1.2%Enter above C$31.57 (+6.0%)34% 21/62+0.3% / +20.3%−30.5% / −24.8%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTSep 16, 2026 −1.2%Enter above C$29.91 (+0.5%)37% 18/49+6.1% / +20.2%−19.2% / −24.8%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTSep 21, 2026 +2.0%Enter above C$32.63 (+9.6%)40% 6/15+14.1% / +19.5%−18.0% / −24.8%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTSep 16, 2026 −1.2%Enter above C$29.90 (+0.4%)29% 25/87+6.4% / +20.0%−28.6% / −24.8%
Acceleration BandsPrice Headley · dailyOUTJul 27, 2026 −5.6%Not on one close17% 8/48+0.4% / +20.2%−10.7% / −24.8%
TTM SqueezeJohn F. Carter · dailyOUTMay 21, 2026 −8.5%Not on one close28% 13/46+3.6% / +20.3%−12.6% / −24.8%
NR7 BreakoutToby Crabel · dailyINOct 8, 2026 +3.2%Exit below C$28.28 (−5.0%)32% 58/182+8.6% / +20.0%−26.3% / −24.8%
Bollinger SqueezeJohn Bollinger · dailyOUTAug 1, 2025 +25.1%Not on one close0% 0/8+1.7% / +20.2%−6.3% / −24.8%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endINNov 28, 2025 +10.1%Exit below C$24.68 (−17.1%)40% 4/10+11.8% / +16.5%−24.8% / −24.8%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINDec 31, 2025 +11.7%Not on one close62% 5/8+16.1% / +16.5%−24.8% / −24.8%
Dual MomentumGary Antonacci · month-endOUTSep 30, 2026 +4.6%Enter above C$27.44 (−7.8%)38% 5/13+1.0% / +16.5%−30.2% / −24.8%
Stocks on the MoveAndreas F. Clenow · dailyOUTSep 1, 2026 −7.3%Not on one close31% 9/29+14.3% / +19.8%−23.7% / −24.8%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endINNov 28, 2025 +10.1%Exit below C$27.88 (−6.3%)33% 2/6+7.3% / +17.3%−28.9% / −24.8%
Levy Relative StrengthRobert A. Levy · weeklyOUTJul 31, 2026 −4.9%Enter above C$31.83 (+6.9%)21% 6/28+5.5% / +20.3%−30.9% / −24.8%
MACD Signal CrossGerald Appel · dailyINOct 9, 2026 +2.0%Exit below C$26.96 (−9.5%)35% 39/112+7.5% / +19.0%−26.8% / −24.8%
Elder ImpulseAlexander Elder · dailyINOct 9, 2026 +2.0%Exit below C$28.99 (−2.6%)31% 63/206+4.5% / +19.0%−34.0% / −24.8%
Know Sure ThingMartin J. Pring · dailyOUTSep 10, 2026 −3.5%Enter above C$28.75 (−3.4%)37% 30/82+6.2% / +20.2%−25.2% / −24.8%
Coppock CurveEdwin S. C. Coppock · month-endOUTOct 31, 2022 +60.2%Not on one close–+4.6% / +12.2%0.0% / −24.8%
CCI +100Donald R. Lambert · dailyOUTSep 2, 2026 −6.8%Enter above C$30.09 (+1.1%)23% 41/180−1.5% / +20.2%−34.0% / −24.8%
TRIX Signal CrossJack K. Hutson · dailyOUTSep 11, 2026 −2.2%Enter above C$32.07 (+7.7%)41% 27/66+10.3% / +20.2%−25.1% / −24.8%
TSI Zero LineWilliam Blau · dailyOUTSep 11, 2026 −2.2%Enter above C$34.66 (+16.4%)24% 14/58+7.9% / +20.2%−27.3% / −24.8%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 +4.6%Enter above C$28.95 (−2.8%)35% 6/17+7.4% / +16.5%−24.0% / −24.8%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINDec 31, 2025 +11.7%Not on one close100% 3/3+21.4% / +17.2%−24.8% / −24.8%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyINDec 31, 2025 +11.7%Not on one close75% 3/4+12.6% / +16.5%−24.8% / −24.8%
PMO Signal CrossCarl Swenlin · dailyINOct 13, 2026 0.0%Exit below C$28.39 (−4.6%)33% 27/83+6.5% / +20.7%−26.5% / −24.8%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTMay 21, 2025 +27.9%Not on one close50% 3/6+4.8% / +19.5%−22.9% / −24.8%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 15, 2026 −5.7%Not on one close60% 52/86+5.9% / +19.1%−12.5% / −24.8%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTOct 8, 2026 +3.2%Not on one close65% 77/118+14.7% / +19.1%−16.3% / −24.8%
Bollinger ReversionJohn Bollinger · dailyOUTOct 13, 2026 0.0%Buy below C$27.56 (−7.4%)58% 28/48+9.9% / +20.1%−15.3% / −24.8%
Stochastic 20/80George C. Lane · dailyINSep 14, 2026 −3.0%Not on one close72% 34/47+20.8% / +20.0%−12.8% / −24.8%
Williams %RLarry Williams · dailyINSep 14, 2026 −3.0%Exit below C$29.43 (−1.1%)63% 45/71+11.9% / +19.5%−15.9% / −24.8%
DeMark 9-CountTom DeMark · dailyINSep 28, 2026 +3.1%Not on one close63% 12/19+16.2% / +21.0%−15.6% / −24.8%
Mayer MultipleTrace Mayer · dailyINAug 5, 2021 +145.3%Sell above C$72.37 (+143.1%)–+19.1% / +19.1%−24.8% / −24.8%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTMar 17, 2022 +90.5%Buy below C$21.13 (−29.0%)25% 1/4+3.8% / +20.7%−5.1% / −24.8%
Laguerre RSIJohn F. Ehlers · dailyINSep 15, 2026 −5.7%Not on one close45% 40/88+5.8% / +20.3%−25.6% / −24.8%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyINSep 15, 2026 −5.7%Exit below C$29.38 (−1.3%)55% 68/123+14.9% / +20.3%−20.8% / −24.8%
IBS ReversionAlexander S. Pagonidis · dailyOUTOct 8, 2026 +3.2%Buy below C$29.77 (0.0%)57% 285/504+4.1% / +21.1%−23.2% / −24.8%
Connors %bLarry Connors & Cesar Alvarez · dailyINSep 18, 2026 −0.3%Sell above C$29.90 (+0.4%)61% 19/31+11.3% / +19.1%−15.0% / −24.8%
Fisher TransformJohn F. Ehlers · dailyINOct 5, 2026 +4.3%Exit below C$26.96 (−9.4%)37% 106/285+7.1% / +19.0%−27.8% / −24.8%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINAug 31, 2026 −6.4%Sell above C$29.03 (−2.5%)64% 23/36+17.6% / +20.0%−22.4% / −24.8%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINOct 9, 2026 +2.0%Not on one close27% 56/207+6.8% / +20.1%−26.8% / −24.8%
Chaikin Money FlowMarc Chaikin · dailyOUTSep 18, 2026 −0.3%Not on one close48% 25/52+11.8% / +20.2%−20.8% / −24.8%
Money Flow IndexGene Quong & Avrum Soudack · dailyINSep 24, 2026 +2.1%Not on one close45% 5/11+6.7% / +19.5%−23.0% / −24.8%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTSep 21, 2026 +2.0%Enter above C$30.67 (+3.0%)38% 5/13+12.9% / +17.2%−25.0% / −24.8%
Force IndexAlexander Elder · dailyINOct 8, 2026 +3.2%Exit below C$28.60 (−3.9%)26% 56/212+4.3% / +20.2%−25.8% / −24.8%
Buff AveragesBuff Dormeier · dailyOUTSep 9, 2026 −3.6%Enter above C$29.42 (−1.2%)35% 36/103+8.0% / +20.1%−23.3% / −24.8%
Chaikin OscillatorMarc Chaikin · dailyINOct 9, 2026 +2.0%Not on one close36% 53/147+7.9% / +20.2%−21.3% / −24.8%
Volume Flow IndicatorMarkos Katsanos · dailyINJul 18, 2025 +22.7%Not on one close38% 6/16+10.1% / +16.5%−23.0% / −24.8%
Klinger OscillatorStephen J. Klinger · dailyINSep 30, 2026 +4.6%Not on one close29% 73/253+4.3% / +20.1%−29.3% / −24.8%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTOct 7, 2026 +5.9%Not on one close67% 35/52+15.3% / +21.2%−22.3% / −24.8%
HikkakeDaniel L. Chesler · dailyOUTAug 28, 2026 −5.3%Not on one close38% 10/26+7.9% / +20.9%−12.6% / −24.8%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTSep 18, 2026 −0.3%Not on one close33% 4/12+3.5% / +20.4%−8.8% / −24.8%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −3.5%Buys Oct 3033% 4/12+10.2% / +21.1%−27.6% / −24.8%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyINOct 6, 2026 +4.5%Window opens Apr 138% 5/13+7.8% / +19.0%−30.0% / −24.8%
Seasonal TimingSy Harding · dailyOUTApr 20, 2026 +2.1%Window opens Oct 1636% 4/11+7.0% / +19.0%−32.5% / −24.8%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 +14.6%Buys Dec 2333% 4/12+4.7% / +21.1%−6.0% / −24.8%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 +4.3%Buys Oct 2943% 62/144+2.8% / +21.1%−23.6% / −24.8%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 +4.6%Sells Jun 3033% 1/3+4.0% / +21.1%−22.9% / −24.8%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −5.0%Buys Nov 2453% 59/112+4.6% / +21.1%−6.0% / −24.8%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +72.2%Not on one close50% 2/4+11.2% / +20.7%−24.8% / −24.8%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1647% 291/623+5.8% / +21.1%−30.1% / −24.8%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −1.2%Buys Oct 2748% 46/96+3.8% / +21.1%−5.2% / −24.8%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +4.7%Sells Oct 1651% 76/148+11.6% / +21.1%−27.6% / −24.8%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINOct 20, 2020Always in–+21.3%−24.8%

If the market cracks: the storm test

How the storm test works
ExposureLow0 of 10 points
  • Market swings0/3
  • Past crashes0/2
  • Debt0/3
  • Run-up0/2

Nothing on the checklist stands out.

Past crashes, peak to low

2022 bear market Jan 2022 to Jan 2022 · back to its old high Jan 2022

TPZ−2%
TSX−14%
  • Beta0.44Moves about 0.4× as much as the TSX week to week.
  • Downside capture42%In months the TSX fell, this fell 42% as much on average (it often rose anyway).
  • Two-year change+19%
  • From 52-week high−9%
  • Debt to equity0.36×
  • Net debt / EBITDA1.5×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover7.5×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Oil & Gas Midstream · Topaz Energy Corp. operates as a royalty and infrastructure energy company in Canada. It operates through Royalty Production and Infrastructure segments. The company holds royalty interests on approximately 9 million gross acres of developed and undeveloped lands. It is also involved in operating natural gas processing facilities; and associated crude oil and condensate handling facilities, as well as water management infrastructure. The company was formerly known as Exshaw Oil Corp.

Size and valuation
Market capC$4.6BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)C$369MTotal sales. The market values it at 12.5× sales.
P/E ratio26.6×Buyers pay C$27 for each C$1 of the last year's profit.
Forward P/E23.8×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book3.1×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin39.2%Keeps 39¢ of each dollar of sales as profit.
Revenue growth+37.0%Last quarter's sales against the same quarter a year earlier.
Earnings growth+22.8%Same comparison for profit.
Return on equity10.5%Yearly profit as a share of shareholders' money in the business.
Free cash flowC$130MCash left after running and investing in the business.
Balance sheet
Total equityC$1.5BWhat it owns minus what it owes.
Total debtC$545MLoans and bonds it has to pay back, with interest.
CashC$1.2MCash and short-term investments on hand.
Debt to equity0.36×Comfortable.
Interest cover7.5×Interest is easily paid from profit.
Wall Street
Average analyst targetC$36.5523% above the close, from 11 analysts (range C$35.00 to C$40.00).
Consensus ratingBuyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield4.80%Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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