Topaz Energy Q3 Adjusted Earnings Jumps 60% YoY

05:16 PM EST, 11/02/2026 (MT Newswires) -- Topaz Energy (TPZ.TO) said third-quarter adjusted earnings advanced to CA$0.32 per share from CA$0.20 per share, in the prior-year period. Analysts polled by FactSet had expected CA$0.29 per share. Third-quarter revenue climbed to CA$104.3 million from CA$76.4 millio, over the same period, missing the CA$107 million forecast. The company will pay a quarterly dividend at CA$0.35 per share on Dec. 31, to shareholders of record on Dec. 15. Topaz reiterated its 2026 guidance estimates of average annual royalty production pf between 23,900 barrels of oil equivalent per day (boe/d) and 24,300 boe/d, and infrastructure processing revenue and other income of CA$93.0 million. The company's shares closed down CA$1.16 to CA$30.14 on the Toronto Stock Exchange.