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Tamarack Valley Energy TSX:TVE Stock Report

Last Price

CA$4.43

Market Cap

CA$2.3b

7D

4.2%

1Y

23.7%

Updated

20 Nov, 2024

Data

Company Financials +

Tamarack Valley Energy Ltd.

TSX:TVE Stock Report

Market Cap: CA$2.3b

TVE Stock Overview

Acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. More details

TVE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends3/6

Tamarack Valley Energy Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tamarack Valley Energy
Historical stock prices
Current Share PriceCA$4.43
52 Week HighCA$4.58
52 Week LowCA$2.76
Beta2.46
11 Month Change12.72%
3 Month Change11.59%
1 Year Change23.74%
33 Year Change18.45%
5 Year Change144.75%
Change since IPO-7.71%

Recent News & Updates

We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative

Nov 08
We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative

Recent updates

We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative

Nov 08
We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative

Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)

Oct 17
Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)

Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Sep 21
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?

Aug 18
Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?

Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Aug 18
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Jul 22
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Mar 18
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Feb 19
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Jan 19
Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Nov 28
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125

Tamarack Valley Energy (TSE:TVE) Use Of Debt Could Be Considered Risky

Nov 19
Tamarack Valley Energy (TSE:TVE) Use Of Debt Could Be Considered Risky

Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125

Oct 29
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125

Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0125

Sep 23
Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0125

Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Aug 26
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?

Aug 21
Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?

Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Jul 25
Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Is There An Opportunity With Tamarack Valley Energy Ltd.'s (TSE:TVE) 50% Undervaluation?

Jul 19
Is There An Opportunity With Tamarack Valley Energy Ltd.'s (TSE:TVE) 50% Undervaluation?

Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Jun 24
Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125

Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

May 21
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125

Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125

Apr 23
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125

Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?

Mar 20
Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?

Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0125

Feb 21
Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0125

Shareholder Returns

TVECA Oil and GasCA Market
7D4.2%3.0%0.4%
1Y23.7%16.5%21.4%

Return vs Industry: TVE exceeded the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: TVE exceeded the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is TVE's price volatile compared to industry and market?
TVE volatility
TVE Average Weekly Movement5.3%
Oil and Gas Industry Average Movement6.7%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TVE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TVE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002110Aakaikkitstakii Schmidtwww.tamarackvalley.ca

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd.

Tamarack Valley Energy Ltd. Fundamentals Summary

How do Tamarack Valley Energy's earnings and revenue compare to its market cap?
TVE fundamental statistics
Market capCA$2.32b
Earnings (TTM)CA$213.16m
Revenue (TTM)CA$1.40b

11.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TVE income statement (TTM)
RevenueCA$1.40b
Cost of RevenueCA$325.38m
Gross ProfitCA$1.08b
Other ExpensesCA$864.67m
EarningsCA$213.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin76.81%
Net Profit Margin15.19%
Debt/Equity Ratio34.2%

How did TVE perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

39%

Payout Ratio

Does TVE pay a reliable dividends?

See TVE dividend history and benchmarks
When do you need to buy TVE by to receive an upcoming dividend?
Tamarack Valley Energy dividend dates
Ex Dividend DateNov 29 2024
Dividend Pay DateDec 16 2024
Days until Ex dividend8 days
Days until Dividend pay date25 days

Does TVE pay a reliable dividends?

See TVE dividend history and benchmarks