Tamarack Valley Energy (TVE) Stock Price, News & Analysis C$3.05 -0.02 (-0.65%) (As of 12/8/2023 ET) Add Compare Share Share Today's RangeC$3.04▼C$3.1650-Day RangeC$3.05▼C$4.3052-Week RangeC$2.99▼C$4.88Volume3.93 million shsAverage Volume2.57 million shsMarket CapitalizationC$1.70 billionP/E Ratio23.46Dividend Yield4.92%Price TargetC$5.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Tamarack Valley Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside72.1% UpsideC$5.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.11Based on 19 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 stars 4.4 Analyst's Opinion Consensus RatingTamarack Valley Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$5.25, Tamarack Valley Energy has a forecasted upside of 72.1% from its current price of C$3.05.Amount of Analyst CoverageTamarack Valley Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TVE. Previous Next 1.7 Dividend Strength Dividend LeadershipTamarack Valley Energy is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTamarack Valley Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tamarack Valley Energy is 115.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TVE. Previous Next 1.6 News and Social Media Coverage News SentimentTamarack Valley Energy has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Tamarack Valley Energy this week, compared to 1 article on an average week.Search Interest15 people have searched for TVE on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Tamarack Valley Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tamarack Valley Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.05% of the stock of Tamarack Valley Energy is held by insiders.Percentage Held by InstitutionsOnly 33.81% of the stock of Tamarack Valley Energy is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tamarack Valley Energy is 23.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Tamarack Valley Energy is 23.46, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.85.Price to Book Value per Share RatioTamarack Valley Energy has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tamarack Valley Energy Stock (TSE:TVE)Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada.Read More TVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TVE Stock News HeadlinesDecember 10, 2023 | americanbankingnews.comBrokerages Set Tamarack Valley Energy Ltd (TSE:TVE) PT at C$5.25December 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Lowered to C$5.25 at CIBCDecember 10, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Cut to C$6.00 by Analysts at National BanksharesDecember 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Lowered to C$4.50 at Royal Bank of CanadaDecember 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Cut to C$5.00 by Analysts at Canaccord Genuity GroupDecember 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Given New C$6.00 Price Target at ATB CapitalDecember 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Cut to C$5.00 by Analysts at Stifel NicolausDecember 10, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 8, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Lowered to C$4.25 at BMO Capital MarketsDecember 7, 2023 | msn.comTSX Today: What to Watch for in Stocks on Thursday, December 7December 7, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Given a C$6.00 Price Target at DesjardinsDecember 6, 2023 | finance.yahoo.comTamarack Valley Energy Announces 2024 Corporate BudgetNovember 30, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) PT Set at C$6.25 by Stifel NicolausNovember 10, 2023 | finance.yahoo.comTamarack Valley Energy (TSE:TVE) shareholders are still up 381% over 3 years despite pulling back 10% in the past weekOctober 21, 2023 | msn.comTSX Today: What to Watch for in Stocks on Friday, October 20October 19, 2023 | finance.yahoo.comTamarack Valley Energy Further Advances Core Asset Focus with the Sale of Non-Core Cardium AssetsSeptember 16, 2023 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving Tamarack Valley Energy Ltd.'s (TSE:TVE) Stock Up Recently?September 1, 2023 | msn.comCanada shares higher at close of trade; S&P/TSX Composite up 1.25%July 27, 2023 | finance.yahoo.comTamarack Valley Energy Announces Second Quarter 2023 Financial Results and Provides Operational UpdateJuly 19, 2023 | finance.yahoo.comTamarack Valley Energy Ltd.'s (TSE:TVE) Intrinsic Value Is Potentially 99% Above Its Share PriceJune 29, 2023 | finance.yahoo.comTamarack Valley Energy Ltd. Releases 2023 Sustainability Report and Provides Operational UpdateJune 9, 2023 | msn.comCIBC CAPITAL MARKETS Maintains Tamarack Valley Energy (TSX:TVE) Outperform RecommendationMay 31, 2023 | finance.yahoo.comTNEYF - Tamarack Valley Energy Ltd.May 26, 2023 | theglobeandmail.comBuying off the lows at Tamarack Valley EnergyMay 25, 2023 | msn.comTamarack Valley Energy Ltd Down 4.10% on ThursdayMay 19, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd flat on Friday (TVE)See More Headlines Receive TVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tamarack Valley Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2023Ex-Dividend for 11/15 Dividend10/30/2023Dividend Payable11/15/2023Ex-Dividend for 12/15 Dividend11/29/2023Today12/10/2023Dividend Payable12/15/2023Next Earnings (Estimated)3/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:TVE CUSIPN/A CIKN/A Webwww.tamarackvalley.ca Phone+1-403-2634440FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$5.25 High Stock Price TargetC$6.00 Low Stock Price TargetC$4.25 Potential Upside/Downside+72.1%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.13 Trailing P/E Ratio23.46 Forward P/E Ratio11.09 P/E GrowthN/ANet IncomeC$87.31 million Net Margins6.30% Pretax MarginN/A Return on Equity4.43% Return on Assets5.10% Debt Debt-to-Equity Ratio59.64 Current Ratio0.87 Quick Ratio0.80 Sales & Book Value Annual SalesC$1.39 billion Price / Sales1.22 Cash FlowC$0.12 per share Price / Cash Flow24.80 Book ValueC$3.85 per share Price / Book0.79Miscellaneous Outstanding Shares556,720,000Free FloatN/AMarket CapC$1.70 billion OptionableNot Optionable Beta2.38 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Brian Leslie Schmidt (Age 60)Pres, CEO & Director Mr. Ron S. HozjanVP of Fin. & CFOMr. Kevin ScreenVP of Production & OperationsMr. Scott ReimondVP of ExplorationMr. Ken CruikshankVP of LandKey CompetitorsRaging River ExplorationTSE:RRXSpartan EnergyTSE:SPESeven Generations EnergyTSE:VIIStorm ResourcesTSE:SRXTORC Oil & Gas Ltd. (TOG.TO)TSE:TOGView All CompetitorsInsidersJohn RooneyBought 50,000 shares on 8/28/2023Total: C$173,500.00 ($3.47/share)John RooneyBought 50,000 shares on 8/25/2023Total: C$169,945.00 ($3.40/share)Christine EzingaBought 8,000 shares on 5/23/2023Total: C$29,276.00 ($3.66/share)Jeff BoyceBought 40,473 shares on 5/18/2023Total: C$142,736.13 ($3.53/share)Scott ShimekBought 10,000 shares on 3/22/2023Total: C$38,600.00 ($3.86/share)View All Insider Transactions TVE Stock Analysis - Frequently Asked Questions Should I buy or sell Tamarack Valley Energy stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tamarack Valley Energy in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TVE shares. View TVE analyst ratings or view top-rated stocks. What is Tamarack Valley Energy's stock price target for 2024? 8 Wall Street research analysts have issued twelve-month price targets for Tamarack Valley Energy's stock. Their TVE share price targets range from C$4.25 to C$6.00. On average, they expect the company's stock price to reach C$5.25 in the next year. This suggests a possible upside of 72.1% from the stock's current price. View analysts price targets for TVE or view top-rated stocks among Wall Street analysts. How have TVE shares performed in 2023? Tamarack Valley Energy's stock was trading at C$4.46 at the beginning of 2023. Since then, TVE stock has decreased by 31.6% and is now trading at C$3.05. View the best growth stocks for 2023 here. When is Tamarack Valley Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our TVE earnings forecast. How were Tamarack Valley Energy's earnings last quarter? Tamarack Valley Energy Ltd (TSE:TVE) posted its earnings results on Thursday, October, 26th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.11. The business had revenue of $506.37 million for the quarter. Tamarack Valley Energy had a trailing twelve-month return on equity of 4.43% and a net margin of 6.30%. How often does Tamarack Valley Energy pay dividends? What is the dividend yield for Tamarack Valley Energy? Tamarack Valley Energy declared a monthly dividend on Wednesday, November 15th. Stockholders of record on Thursday, November 30th will be paid a dividend of 0.013 per share on Friday, December 15th. This represents a $0.16 annualized dividend and a dividend yield of 5.11%. The ex-dividend date of this dividend is Wednesday, November 29th. Read our dividend analysis for TVE. Is Tamarack Valley Energy a good dividend stock? Tamarack Valley Energy (TSE:TVE) pays an annual dividend of C$0.15 per share and currently has a dividend yield of 4.89%. TVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 115.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TVE. What other stocks do shareholders of Tamarack Valley Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tamarack Valley Energy investors own include MEG Energy (MEG), Baytex Energy (BTE), Whitecap Resources (WCP), NuVista Energy (NVA), Crescent Point Energy (CPG), Cenovus Energy (CVE), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Aurora Cannabis (ACB), Birchcliff Energy (BIR) and Kelt Exploration (KEL). How do I buy shares of Tamarack Valley Energy? Shares of TVE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:TVE) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tamarack Valley Energy Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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