Today: 20 March 2026
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NYSE:JBLU 22 January 2026

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  • Tenaz Energy Soars 16.2% on C$316 Million Profit and Production Surge
    March 20, 2026, 1:39 PM EDT. Tenaz Energy Corp (TSX:TNZ) posted a remarkable turnaround in 2025 with a net income of C$315.61 million, reversing a loss from the previous year. The company's production climbed to 9,609 barrels of oil equivalent per day (boe/d), driving a 16.2% jump in its share price. Tenaz also completed a buyback of 336,000 shares worth C$6.13 million, signaling strong capital discipline. Despite these gains, risks persist including high interest costs on C$140 million in notes and dependence on acquisitions. Market analysts display a wide range of fair value estimates, reflecting varied outlooks. Investors should carefully weigh these factors as Tenaz shifts from a speculative play to a scaled, cash-generating oil and gas producer.
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