TVE Stock Overview
Acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Tamarack Valley Energy Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$3.83 |
| 52 Week High | CA$4.35 |
| 52 Week Low | CA$2.76 |
| Beta | 2.5 |
| 11 Month Change | -6.13% |
| 3 Month Change | 7.58% |
| 1 Year Change | -5.20% |
| 33 Year Change | 30.27% |
| 5 Year Change | 75.69% |
| Change since IPO | -20.21% |
Recent News & Updates
Is Tamarack Valley Energy (TSE:TVE) A Risky Investment?
Aug 18
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Aug 18Recent updates
Is 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 20Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0125
Feb 21Is Tamarack Valley Energy (TSE:TVE) Using Too Much Debt?
Dec 10Shareholder Returns
| TVE | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | 4.9% | -0.3% | 3.3% |
| 1Y | -5.2% | 3.0% | 13.1% |
Return vs Industry: TVE underperformed the Canadian Oil and Gas industry which returned 2.9% over the past year.
Return vs Market: TVE underperformed the Canadian Market which returned 13% over the past year.
Price Volatility
| TVE volatility | |
|---|---|
| TVE Average Weekly Movement | 4.7% |
| Oil and Gas Industry Average Movement | 7.0% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 16.8% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: TVE has not had significant price volatility in the past 3 months.
Volatility Over Time: TVE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 110 | Aakaikkitstakii Schmidt | www.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
| TVE fundamental statistics | |
|---|---|
| Market cap | CA$2.09b |
| Earnings (TTM) | CA$128.10m |
| Revenue (TTM) | CA$1.48b |
16.3x
P/E Ratio1.4x
P/S RatioIs TVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TVE income statement (TTM) | |
|---|---|
| Revenue | CA$1.48b |
| Cost of Revenue | CA$339.86m |
| Gross Profit | CA$1.14b |
| Other Expenses | CA$1.01b |
| Earnings | CA$128.10m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 77.03% |
| Net Profit Margin | 8.66% |
| Debt/Equity Ratio | 41.2% |
How did TVE perform over the long term?
See historical performance and comparison