Tamarack Valley Energy Past Earnings Performance
Past criteria checks 4/6
Tamarack Valley Energy has been growing earnings at an average annual rate of 37.1%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 37.9% per year. Tamarack Valley Energy's return on equity is 9.7%, and it has net margins of 15.2%.
Key information
37.1%
Earnings growth rate
38.6%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 37.9% |
| Return on equity | 9.7% |
| Net Margin | 15.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0127
Dec 20
We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative
Nov 08Calculating The Fair Value Of Tamarack Valley Energy Ltd. (TSE:TVE)
Oct 17Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Sep 21Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Jul 22Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Mar 18Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Feb 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jan 19Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Nov 28Tamarack Valley Energy (TSE:TVE) Use Of Debt Could Be Considered Risky
Nov 19Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Oct 29Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0125
Sep 23Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
Aug 26Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Aug 21Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jul 25Is There An Opportunity With Tamarack Valley Energy Ltd.'s (TSE:TVE) 50% Undervaluation?
Jul 19Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0125
Jun 24Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0125
May 21Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Apr 23Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Mar 20Revenue & Expenses Breakdown
How Tamarack Valley Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,403 | 213 | 45 | 0 |
| 30 Jun 24 | 1,479 | 128 | 44 | 0 |
| 31 Mar 24 | 1,418 | 59 | 47 | 0 |
| 31 Dec 23 | 1,406 | 94 | 44 | 0 |
| 30 Sep 23 | 1,396 | 87 | 48 | 0 |
| 30 Jun 23 | 1,246 | 203 | 43 | 0 |
| 31 Mar 23 | 1,253 | 321 | 36 | 0 |
| 31 Dec 22 | 1,180 | 345 | 36 | 0 |
| 30 Sep 22 | 1,051 | 435 | 31 | 0 |
| 30 Jun 22 | 955 | 330 | 24 | 0 |
| 31 Mar 22 | 757 | 417 | 25 | 0 |
| 31 Dec 21 | 599 | 391 | 24 | 0 |
| 30 Sep 21 | 449 | 232 | 16 | 0 |
| 30 Jun 21 | 323 | 206 | 22 | 0 |
| 31 Mar 21 | 221 | -60 | 19 | 0 |
| 31 Dec 20 | 198 | -311 | 17 | 0 |
| 30 Sep 20 | 227 | -344 | 24 | 0 |
| 30 Jun 20 | 256 | -338 | 25 | 0 |
| 31 Mar 20 | 316 | -286 | 24 | 0 |
| 31 Dec 19 | 344 | -39 | 22 | 0 |
| 30 Sep 19 | 323 | 30 | 22 | 0 |
| 30 Jun 19 | 350 | 44 | 22 | 0 |
| 31 Mar 19 | 357 | 30 | 22 | 0 |
| 31 Dec 18 | 360 | 38 | 22 | 0 |
| 30 Sep 18 | 374 | 7 | 21 | 0 |
| 30 Jun 18 | 324 | -13 | 18 | 0 |
| 31 Mar 18 | 287 | -13 | 18 | 0 |
| 31 Dec 17 | 256 | -14 | 17 | 0 |
| 30 Sep 17 | 210 | -10 | 15 | 0 |
| 30 Jun 17 | 182 | -6 | 14 | 0 |
| 31 Mar 17 | 145 | -20 | 12 | 0 |
| 31 Dec 16 | 107 | -28 | 11 | 0 |
| 30 Sep 16 | 96 | -14 | 11 | 0 |
| 30 Jun 16 | 91 | -26 | 10 | 0 |
| 31 Mar 16 | 91 | -18 | 10 | 0 |
| 31 Dec 15 | 96 | -17 | 10 | 0 |
| 30 Sep 15 | 100 | -61 | 11 | 0 |
| 30 Jun 15 | 106 | -40 | 11 | 0 |
| 31 Mar 15 | 111 | -32 | 10 | 0 |
| 31 Dec 14 | 110 | -25 | 9 | 0 |
| 30 Sep 14 | 101 | 25 | 8 | 0 |
| 30 Jun 14 | 87 | 22 | 7 | 0 |
| 31 Mar 14 | 73 | 16 | 6 | 0 |
Quality Earnings: TVE has a large one-off loss of CA$83.2M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: TVE's current net profit margins (15.2%) are higher than last year (6.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TVE's earnings have grown significantly by 37.1% per year over the past 5 years.
Accelerating Growth: TVE's earnings growth over the past year (144.1%) exceeds its 5-year average (37.1% per year).
Earnings vs Industry: TVE earnings growth over the past year (144.1%) exceeded the Oil and Gas industry -20.2%.
Return on Equity
High ROE: TVE's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:32 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tamarack Valley Energy Ltd. is covered by 26 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Patrick O'Rourke | ATB Capital Markets |
| Randy Ollenberger | BMO Capital Markets Equity Research |