Tamarack Valley Energy Ltd.

OTCPK:TNEY.F Stock Report

Market Cap: US$1.8b

Tamarack Valley Energy Valuation

Is TNEY.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TNEY.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$11.18
Fair Value
69.6% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: TNEY.F ($3.39) is trading below our estimate of fair value ($11.18)

Significantly Below Fair Value: TNEY.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TNEY.F?

Key metric: As TNEY.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TNEY.F. This is calculated by dividing TNEY.F's market cap by their current earnings.
What is TNEY.F's PE Ratio?
PE Ratio12.1x
EarningsCA$213.16m
Market CapCA$2.61b

Price to Earnings Ratio vs Peers

How does TNEY.F's PE Ratio compare to its peers?

The above table shows the PE ratio for TNEY.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
CPE Callon Petroleum
5.9x3.2%US$2.4b
DMLP Dorchester Minerals
14.4xn/aUS$1.6b
KRP Kimbell Royalty Partners
32.2x35.3%US$1.6b
TALO Talos Energy
24.2x-78.7%US$1.8b
TNEY.F Tamarack Valley Energy
12.1x-14.0%US$2.6b

Price-To-Earnings vs Peers: TNEY.F is good value based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (19.2x).

Price to Earnings Ratio vs Industry

How does TNEY.F's PE Ratio compare vs other companies in the US Oil and Gas Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
TNEY.F 12.1xIndustry Avg. 11.5xNo. of Companies19PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TNEY.F is expensive based on its Price-To-Earnings Ratio (12.1x) compared to the US Oil and Gas industry average (11.4x).

Price to Earnings Ratio vs Fair Ratio

What is TNEY.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TNEY.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.1x
Fair PE Ratio7.3x

Price-To-Earnings vs Fair Ratio: TNEY.F is expensive based on its Price-To-Earnings Ratio (12.1x) compared to the estimated Fair Price-To-Earnings Ratio (7.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TNEY.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.39
US$4.04
+19.2%
9.7%US$4.71US$3.49n/a11
Jan ’26US$3.33
US$4.03
+20.9%
9.7%US$4.69US$3.47n/a11
Dec ’25US$3.14
US$3.94
+25.6%
12.3%US$4.98US$3.20n/a11
Nov ’25US$3.05
US$3.92
+28.7%
12.1%US$5.02US$3.22n/a11
Oct ’25US$2.96
US$3.93
+32.9%
12.0%US$4.99US$3.33n/a11
Sep ’25US$2.93
US$3.89
+32.4%
14.0%US$5.23US$3.25n/a11
Aug ’25US$2.86
US$3.83
+34.0%
14.2%US$5.23US$3.24n/a11
Jul ’25US$2.77
US$3.81
+37.6%
15.0%US$5.31US$2.93n/a11
Jun ’25US$2.81
US$3.82
+36.1%
14.4%US$5.30US$2.93n/a12
May ’25US$2.64
US$3.71
+40.5%
15.5%US$5.29US$2.92n/a12
Apr ’25US$2.86
US$3.57
+24.6%
13.0%US$4.78US$2.94n/a12
Mar ’25US$2.57
US$3.94
+53.1%
28.5%US$7.18US$3.13n/a11
Feb ’25US$2.31
US$3.96
+71.6%
28.8%US$7.28US$2.99n/a12
Jan ’25US$2.33
US$4.15
+78.4%
24.1%US$7.31US$3.00US$3.3313
Dec ’24US$2.72
US$4.36
+60.4%
20.4%US$7.03US$3.24US$3.1414
Nov ’24US$3.00
US$4.36
+45.3%
20.4%US$7.03US$3.24US$3.0514
Oct ’24US$2.89
US$4.26
+47.5%
21.9%US$7.23US$2.96US$2.9614
Sep ’24US$2.83
US$4.32
+52.6%
21.8%US$7.37US$3.02US$2.9315
Aug ’24US$2.72
US$4.32
+59.1%
21.8%US$7.37US$3.02US$2.8615
Jul ’24US$2.43
US$4.48
+84.6%
20.5%US$7.36US$3.40US$2.7714
Jun ’24US$2.55
US$4.56
+79.0%
28.2%US$8.83US$3.31US$2.8114
May ’24US$2.71
US$4.86
+79.8%
25.4%US$8.90US$3.71US$2.6414
Apr ’24US$2.93
US$4.96
+69.6%
24.3%US$8.85US$3.69US$2.8614
Mar ’24US$3.27
US$5.26
+60.9%
23.0%US$9.40US$4.51US$2.5714
Feb ’24US$3.52
US$5.26
+49.5%
23.0%US$9.40US$4.51US$2.3114
Jan ’24US$3.30
US$5.28
+60.1%
23.3%US$9.22US$4.43US$2.3314
Analyst Price Target
Consensus Narrative from 11 Analysts
US$4.02
Fair Value
15.6% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 13:17
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Patrick O'RourkeATB Capital Markets
Randy OllenbergerBMO Capital Markets Equity Research