TAG Oil AI Stock Analysis
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TAG Oil (TAO) AI Stock Analysis
TAG Oil
(TSXV:TAO)
The score is driven primarily by weak financial performance—continued losses alongside negative operating and free cash flow—despite a comparatively low-leverage balance sheet. Technical indicators are also unfavorable, with price below key moving averages and negative MACD. Valuation provides limited support because the negative P/E reflects losses and there is no dividend yield data.
TAG Oil (TAO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 11.98M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.06M
- Price to Earnings (P/E)
- -1.5
- Beta (1Y)
- 0.66
- Revenue Growth
- -14.21%
- EPS Growth
- 37.17%
- Country
- Canada
- Employees
- 12
- Sector
- General
- Sector Strength
- 55
- Industry
- Oil & Gas Exploration & Production
TAG Oil Business Overview & Revenue Model
Company Description
TAG Oil Ltd., operating alongside its affiliated entities, engages in the exploration, development, and production of oil and natural gas throughout Canada, the Middle East, and North Africa. Founded in 1990, the company was formerly known as Durum C...
How the Company Makes Money
TAG Oil’s core revenue model (when it has producing assets) is based on selling produced hydrocarbons (crude oil, condensate, and/or natural gas) into applicable local or export markets under commodity-linked pricing, with cash flow driven by product...
TAG Oil Financial Statement Overview
Summary
Overall fundamentals are weak: revenue is very small and inconsistent with a recent annual decline, profitability remains structurally negative (negative gross profit, large operating losses, net losses), and operating/free cash flow are consistently negative, indicating ongoing cash burn. The balance sheet is a relative positive with low leverage and sizable equity, but persistent losses and cash burn remain the primary risk.
Income Statement
18Very NegativeBalance Sheet
64PositiveCash Flow
22Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Jun 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.39M | 1.39M | 864.00K | 781.33K | 0 | 0 |
| Gross Profit | -1.30M | -1.30M | -1.01M | -1.00M | -164.00K | -122.00K |
| EBITDA | -6.22M | -6.62M | -8.28M | 226.67K | -7.39M | -3.85M |
| Net Income | -4.80M | -4.80M | -6.33M | -8.20M | -3.00M | -4.46M |
Balance Sheet | ||||||
| Total Assets | 44.76M | 44.76M | 55.09M | 53.91M | 41.06M | 18.20M |
| Cash, Cash Equivalents and Short-Term Investments | 2.55M | 2.55M | 7.40M | 16.44M | 20.66M | 15.52M |
| Total Debt | 1.05M | 1.05M | 1.49M | 208.00K | 459.00K | 573.00K |
| Total Liabilities | 2.02M | 2.02M | 5.74M | 7.43M | 2.04M | 979.00K |
| Stockholders Equity | 42.74M | 42.74M | 49.35M | 46.48M | 39.01M | 17.23M |
Cash Flow | ||||||
| Free Cash Flow | -8.68M | -5.95M | -23.88M | -22.88M | -11.94M | -4.11M |
| Operating Cash Flow | -5.95M | -5.95M | -5.98M | -3.90M | -5.46M | -4.08M |
| Investing Cash Flow | 1.60M | 1.60M | -17.14M | -17.28M | -4.42M | 1.33M |
| Financing Cash Flow | -293.00K | -293.00K | 5.54M | 17.00M | 23.57M | -55.00K |
TAG Oil Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TAO, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 26.81 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TAO.
TAG Oil Peers Comparison
Overall Rating
TSE:DME47Neutral
TSE:AVN45Neutral
TSE:PEI44Neutral
TSE:WIL43Neutral- TSE:TAO41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:DME | 47Neutral | CAD 18.15M | -10.80 | -3.30% | ― | -1.78% | 49.69% |
| TSE:AVN | 45Neutral | CAD 56.74M | -25.99 | -8.75% | ― | ― | 51.51% |
| TSE:PEI | 44Neutral | CAD 12.22M | -0.80 | 134.84% | ― | 6.62% | -66.67% |
| TSE:WIL | 43Neutral | CAD 17.17M | -5.35 | -666.70% | ― | -24.51% | 1.06% |
| TSE:TAO | 41Neutral | CAD 11.98M | -1.49 | -12.06% | ― | -14.21% | 37.17% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:TAO | TAG Oil | 0.04 | -0.08 | -70.83% | |
| TSE:DME | Desert Mountain Energy | 0.17 | -0.17 | -50.00% | |
| TSE:AVN | Avanti Energy | 0.46 | 0.26 | 130.00% | |
| TSE:PEI | Prospera Energy Inc | 0.02 | -0.04 | -63.64% | |
| TSE:WIL | Wilton Resources | 0.20 | -0.15 | -42.86% |
TAG Oil Corporate Events
TAG Oil Plans Acid Stimulation After Initial T-200 Well Test Shows Restricted Flow
NeutralTAG Oil has provided an update on production testing at its T-200 vertical well in Egypt’s Badr Oil Field, drilled to 4,160 metres to target the Abu Roash F reservoir. Initial well unloading using nitrogen lifting failed to bring formation oil to sur...
TAG Oil Hits Promising Reservoir at Egypt T-200 Well
PositiveTAG Oil has reported that its T-200 exploration well in Egypt’s Badr Oil Field has reached total depth of 4,160 metres, successfully intersecting the targeted Abu Roash “F” reservoir. Early analysis of drilling and logging data indicates an oil-beari...
TAG Oil Advances T-200 Well Drilling in Egypt’s Western Desert
PositiveTAG Oil has reported steady progress at its T-200 vertical well in Egypt’s Badr Oil Field, where drilling has reached 4,102 metres and successfully intersected the top of the Abu Roash F reservoir at 4,100 metres, in line with geological forecasts an...
TAG Oil Posts Solid Cash Position and Advances Western Desert Drilling
PositiveTAG Oil reported financial results for the six months to June 30, 2026, ending the period with C$10.4 million in cash, C$10.3 million in working capital and no debt, underscoring a strong balance sheet. Production from its two BED-1 wells averaged 66...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 29, 2026