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Tamarack Valley Energy TSX:TVE Stock Report

Last Price

CA$3.84

Market Cap

CA$2.1b

7D

-2.3%

1Y

5.5%

Updated

23 Jul, 2024

Data

Company Financials +

Tamarack Valley Energy Ltd.

TSX:TVE Stock Report

Market Cap: CA$2.1b

TVE Stock Overview

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

TVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health2/6
Dividends2/6

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$3.84
52 Week HighCA$4.35
52 Week LowCA$2.76
Beta2.54
11 Month Change10.03%
3 Month Change-0.78%
1 Year Change5.49%
33 Year Change52.99%
5 Year Change85.51%
Change since IPO-20.00%

Recent News & Updates

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

Recent updates

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

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

Dec 10
Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?

Shareholder Returns

TVECA Oil and GasCA Market
7D-2.3%-0.7%-0.5%
1Y5.5%15.5%10.7%

Return vs Industry: TVE underperformed the Canadian Oil and Gas industry which returned 16.4% over the past year.

Return vs Market: TVE underperformed the Canadian Market which returned 11% over the past year.

Price Volatility

Is TVE's price volatile compared to industry and market?
TVE volatility
TVE Average Weekly Movement4.5%
Oil and Gas Industry Average Movement6.5%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: TVE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002108Aakaikkitstakii 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$2.13b
Earnings (TTM)CA$58.95m
Revenue (TTM)CA$1.42b

35.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TVE income statement (TTM)
RevenueCA$1.42b
Cost of RevenueCA$341.47m
Gross ProfitCA$1.08b
Other ExpensesCA$1.02b
EarningsCA$58.95m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)0.11
Gross Margin75.92%
Net Profit Margin4.16%
Debt/Equity Ratio45.2%

How did TVE perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

141%

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 DateJul 31 2024
Dividend Pay DateAug 15 2024
Days until Ex dividend7 days
Days until Dividend pay date22 days

Does TVE pay a reliable dividends?

See TVE dividend history and benchmarks
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