Traverse Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas, oil, and natural gas liquids (NGL) in Canada. The company's principal properties include the Coyote, Michichi, Turin, Duvernay shale, and Watts located in the province of Alberta. As of December 31, 2017, its proved plus probable reserves included 5,626 million cubic feet of natural gas and 1,289.6 thousands of barrels of oil and NGL. The company was formerly known as Firstland Energy Limited and changed its name to Traverse Energy Ltd. in June 2009. Traverse Energy Ltd. was incorporated in 1995 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Phone+1-403-2649223
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$7.42 million
Profitability
Miscellaneous
Employees10
OptionableNot Optionable
Traverse Energy (CVE:TVL) Frequently Asked Questions
What is Traverse Energy's stock symbol?
Traverse Energy trades on the Canadian Venture Exchange (CVE) under the ticker symbol "TVL."
When is Traverse Energy's next earnings date?
What price target have analysts set for TVL?
1 brokerages have issued 1-year price objectives for Traverse Energy's stock. Their forecasts range from C$0.05 to C$0.05. On average, they anticipate Traverse Energy's share price to reach C$0.05 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price. View Analyst Price Targets for Traverse Energy.
What is the consensus analysts' recommendation for Traverse Energy?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Traverse Energy in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Traverse Energy.
Has Traverse Energy been receiving favorable news coverage?
Media stories about TVL stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Traverse Energy earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Traverse Energy's key competitors?
Some companies that are related to Traverse Energy include Odyssey Energy (ODY), Greenfields Petroleum (GNF), Sintana Energy (SEI), Zargon Oil and Gas (ZAR), Canadian Spirit Resources (SPI), Point Loma Resources (PLX), Cequence Energy (CQE), Oilex (OEX), Barnwell Industries (BRN), Primeline Energy (PEH), CUB Energy (KUB), Bass Oil (BAS), Mexco Energy (MXC), Whitebark Energy (WBE) and Petrolympic (PCQ).
Who are Traverse Energy's key executives?
Traverse Energy's management team includes the folowing people:
- Mr. Laurie James Smith, Pres, CEO & Director
- Ms. Sharon A. Supple CA, Chief Financial Officer
- Mr. David H. Erickson, VP, COO & Director
- Mr. Daniel G. Kolibar B.A., LL.B., Corp. Sec. & Director (Age 56)
How do I buy shares of Traverse Energy?
Shares of TVL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Traverse Energy's stock price today?
One share of TVL stock can currently be purchased for approximately C$0.04.
How big of a company is Traverse Energy?
Traverse Energy has a market capitalization of C$3.62 million and generates C$7.42 million in revenue each year. Traverse Energy employs 10 workers across the globe.
What is Traverse Energy's official website?
How can I contact Traverse Energy?
Traverse Energy's mailing address is 780-839 5 Ave SW, CALGARY, AB T2P 3C8, Canada. The company can be reached via phone at +1-403-2649223.
MarketBeat Community Rating for Traverse Energy (CVE TVL)
MarketBeat's community ratings are surveys of what our community members think about Traverse Energy and other stocks. Vote "Outperform" if you believe TVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
