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TOPAZ ANNOUNCES 2026 GUIDANCE AND FOURTH QUARTER 2025 RESULTS INCLUDING 10% RESERVES GROWTH AND 1.5X RESERVE REPLACEMENT
Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide fourth quarter and annual 2025 financial results. Select financial information is outlined below and should be read in conjunction with Topaz's consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") as at and for the three months and year ended December 31, 2025, which are available on SEDAR+ at www.sedarplus.ca and on Topaz's website at www.topazenergy.ca.
About this update from Topaz Energy Corp
[{"type":"text","content":"CALGARY, AB, Feb. 24, 2026 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide fourth quarter and annual 2025 financial results. Select financial information is outlined below and should be read in conjunction with Topaz's consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") as at and for the three months and year ended December 31, 2025, which are available on SEDAR+ at www.sedarplus.ca and on Topaz's website at www.topazenergy.ca.","length":601,"tagName":"p"},{"type":"image","alt":"Topaz Energy Corp. logo (CNW Group/Topaz Energy Corp)","displaySize":"","headline":null,"caption":"Topaz Energy Corp. logo (CNW Group/Topaz Energy Corp)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":133,"url":"https://media.zenfs.com/en/cnwgroup.com/a3dda0864f04d2a60e2dbc656fafaf11"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/L6w62Q7JWrWDOpBdtZTCOw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIzNDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/a3dda0864f04d2a60e2dbc656fafaf11","width":400,"height":133}},"href":"https://mma.prnewswire.com/media/2918940/Topaz_Energy_Corp_TOPAZ_ANNOUNCES_2026_GUIDANCE_AND_FOURTH_QUART.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":" 2025 Annual Highlights","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"17% higher royalty production, 20% higher infrastructure revenue and 28% lower cash expenses.(5)","length":96,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":96,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"7% higher cash flow per share and 15% higher earnings per share.","length":64,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":64,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Record 91% FCF Margin(1) and 18% higher Excess FCF(1) per share.","length":64,"tagName":"p"}]},{"val":[{"type":"text","content":"$2.8 billion of operator-funded capital spending across Topaz's royalty acreage and 10% increase in gross wells drilled led to record (17%) share of 2025 WCSB drilling activity.(6)","length":189,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":253,"...