Tenaz Energy (ATUUF) Projected to Post Quarterly Earnings on Wednesday

Tenaz Energy (OTCMKTS:ATUUF) is projected to post its results after the market closes on Wednesday, November 11th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $124.91 million for the quarter.

Tenaz Energy Price Performance

OTCMKTS:ATUUF opened at $47.94 on Wednesday. Tenaz Energy has a 1-year low of $16.45 and a 1-year high of $54.66. The business’s 50-day moving average price is $49.08 and its two-hundred day moving average price is $40.95.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ATUUF. BMO Capital Markets assumed coverage on Tenaz Energy in a research note on Thursday, July 30th. They issued an “outperform” rating for the company. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Tenaz Energy in a research note on Friday, October 9th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Tenaz Energy Company Profile

Tenaz Energy is a Calgary-based oil and gas company focused on acquiring, developing and producing energy assets. Its activities include the exploration and production of natural gas and oil, with a strategic focus on the North Sea.

The company expanded its international operations in 2023 by acquiring Neptune Energy’s Dutch upstream business. These assets give Tenaz a presence in the Netherlands, including offshore operations in the Dutch North Sea.

Tenaz’s business centers on producing and developing its oil and natural gas properties.