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Topaz Energy Corp (TPZ.TO) — chart, structure and Closelook read

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Company snapshot — Topaz Energy Corp

TPZ.TO in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
Topaz Energy holds royalty interests on developed and undeveloped land in Canada and also owns natural gas processing plants and related oil, condensate and water-handling infrastructure. It earns from a Royalty Production segment, where it collects a share of output from wells it does not operate, and an Infrastructure segment, where it charges other producers for moving and processing their gas and liquids. It is based in Calgary and was renamed from Exshaw Oil Corp.
Where it sits in the stack
Topaz sits outside our AI build-out index; it belongs to the Energy sector, in Oil & Gas Midstream, where it acts as a landowner and infrastructure operator rather than a producer.
Who it is priced against
The diary has no assigned peer group for this name; the comparison the market draws is with PrairieSky Royalty, another Canadian company that collects royalties on oil and gas land rather than drilling itself.
Why Closelook tracks it
Topaz carries no seat in our index, no Closelook score and no quotes in the diary's editions; coverage here rests on the company's own description of its business.
What the diary watches
Because Topaz earns from other operators' output and throughput rather than its own drilling, the diary watches whether production volumes and processing use on its land change, since that sets its royalty and infrastructure income.

Topaz Energy Corp (TPZ.TO) trades on the TO exchange in Canada, classified under Energy.

The Closelook company score reads 54/100 composite (momentum 46, quality 69, valuation 38) across 7 modules — the full breakdown, chart structure and analog history load live above.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for TPZ.TO, from the same nightly bakes the boards use. Research diary readings, not advice.

Who it is priced against Oil & Gas Midstream · Canada · 5 names with week and year-to-date

Peer group

Oil & Gas Midstream · Canada

Names in the same industry from the Closelook universe; scored names rank on their Closelook score, the rest on trend state.

Compared against TPZ.TO on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Dividends and capital return trailing yield 4.62%, quarterly · buybacks 2 m CAD in FY2025

Dividends and capital return

What TPZ.TO pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 1.38 CAD per share · a 4.62% yield on the 2026-09-18 close 4 distributions, paid quarterly 2026-09-18
  • Change on the year +36.6% against the prior twelve months prior twelve months 1.01 CAD per share
  • Last distribution 0.35 CAD per share as the price series records it, within days of the ex-date 2026-09-15
  • By calendar year 2025: 1.35 CAD (partial) · 2026: 1.04 CAD to date first distribution recorded in the three-year window: 2025-03-14
  • Dividends paid, FY2025 208 m CAD 2% of earnings
  • Buybacks, FY2025 2 m CAD 0.0% of today's market value
  • Share count +5.0% in FY2025 7 m CAD of stock-based compensation in the year
  • Capital returned 210 m CAD · 69% of free cash flow dividends and buybacks together, against the year’s free cash flow

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 50/100 · S&P 500 fund at 49, above its 50- and 200-day averagesEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-18
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 97th percentile of the window, +4.9% over 20 sessions. Factor regime → 2026-09-18
  • Sovereign pressure Index 0.07 · down 0.41 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-18

FAQ · from the current data · as of 2026-09-19

Quick answers

What is Topaz Energy Corp (TPZ.TO)?

Topaz Energy Corp trades as TPZ.TO on the TO exchange (Canada) and is classified under Energy in the Closelook research universe, as of the registry build of 2026-09-19.

Is TPZ.TO in a Closelook index?

Not currently — Topaz Energy Corp is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-19.

What is Topaz Energy Corp's Closelook composite score?

54 out of 100, with momentum 46, quality 69 and valuation 38 sub-scores, as of 2026-09-19. Scores are Closelook's own research readings, not ratings or investment advice.

Where does TPZ.TO trade against its moving averages?

Mixed moving-average stack: Trades -5% vs the 50-day and -0.7% vs the 200-day average, 11% below the 52-week high and +26.7% off the 52-week low. Computed from daily closes. As of 2026-09-18 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

What does Topaz Energy Corp do?

Topaz Energy holds royalty interests on developed and undeveloped land in Canada and also owns natural gas processing plants and related oil, condensate and water-handling infrastructure. It earns from a Royalty Production segment, where it collects a share of output from wells it does not operate, and an Infrastructure segment, where it charges other producers for moving and processing their gas and liquids. It is based in Calgary and was renamed from Exshaw Oil Corp. The diary has no assigned peer group for this name; the comparison the market draws is with PrairieSky Royalty, another Canadian company that collects royalties on oil and gas land rather than drilling itself.

Where does Topaz Energy Corp sit in the AI build-out?

Topaz sits outside our AI build-out index; it belongs to the Energy sector, in Oil & Gas Midstream, where it acts as a landowner and infrastructure operator rather than a producer. Topaz carries no seat in our index, no Closelook score and no quotes in the diary's editions; coverage here rests on the company's own description of its business.

Does Topaz Energy Corp pay a dividend?

Topaz Energy Corp has paid 1.38 CAD per share over the last twelve months, paid quarterly, a trailing yield of 4.62% on the 2026-09-18 close; the last distribution recorded in the price series was 0.35 CAD on 2026-09-15. In fiscal 2025 the company paid 208 m CAD in dividends and bought back 2 m CAD of its own shares, 69% of that year’s free cash flow. The share count rose 5.0% over the fiscal year. The "Dividends and capital return" block on this page carries the lines.

What does this page show?

A live price chart with SMA overlays and drawing tools for TPZ.TO, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Related in the Closelook universe

then Oil & Gas Midstream, then Energy. Scored names rank on their Closelook score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.