Tethys Petroleum Hits Day High with 16% Surge in Strong Intraday Performance

Tethys Petroleum has experienced significant activity today, with the stock surging by 16.0% on February 23, 2026. The stock reached an intraday high of CAD 1.74, reflecting a strong performance compared to the S&P/TSX 60, which only gained 0.51% on the same day. Over the past week, Tethys Petroleum has shown impressive growth, climbing 21.68%, while its monthly performance stands at 19.18%. The stock has also demonstrated remarkable resilience over the past year, with a total return of 81.25%, significantly outpacing the S&P/TSX 60's 27.5% increase. Year-to-date, Tethys has risen by 38.1%, further highlighting its robust performance. With a market capitalization of CAD 170 million, Tethys Petroleum operates within the oil industry and boasts a P/E ratio of 12.00. The company also offers a dividend yield of 4.52% and has a notable return on equity of 49.35%. Despite its recent gains, the stock's trading dynamics suggest a level of risk compared to historical valuations, as indicated by its PEG ratio of 0.1.