TSE:TVE Tamarack Valley Energy (TVE) Stock Forecast, Price & News C$3.58 +0.03 (+0.85%) (As of 06/7/2023 ET) Add Compare Share Share Today's RangeC$3.54▼C$3.5950-Day RangeC$3.34▼C$4.2052-Week RangeC$3.24▼C$6.48Volume2.50 million shsAverage Volume2.79 million shsMarket CapitalizationC$1.99 billionP/E Ratio5.04Dividend Yield4.19%Price TargetC$6.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Tamarack Valley Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside92.0% UpsideC$6.88 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$210,612 Bought Last QuarterProj. 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.2.45 out of 5 stars 3.4 Analyst's Opinion Consensus RatingTamarack Valley Energy has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$6.88, Tamarack Valley Energy has a forecasted upside of 92.0% from its current price of C$3.58.Amount of Analyst CoverageTamarack Valley Energy has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TVE. Previous Next 2.5 Dividend Strength Dividend LeadershipTamarack Valley Energy is a leading dividend payer. It pays a dividend yield of 4.37%, 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 21.13%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TVE. Previous Next 1.4 News and Social Media Coverage News SentimentTamarack Valley Energy has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.Search InterestOnly 6 people have searched for TVE on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Tamarack Valley Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tamarack Valley Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$210,612.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 1.03% of the stock of Tamarack Valley Energy is held by insiders.Percentage Held by InstitutionsOnly 32.75% of the stock of Tamarack Valley Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tamarack Valley Energy is 5.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Tamarack Valley Energy is 5.04, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 47.79.Price to Book Value per Share RatioTamarack Valley Energy has a P/B Ratio of 0.93. 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 (TSE:TVE) StockTamarack 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 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 TVE Stock News HeadlinesMay 31, 2023 | finance.yahoo.comTNEYF - Tamarack Valley Energy Ltd.May 29, 2023 | americanbankingnews.comTamarack Valley Energy Ltd Announces Monthly Dividend of $0.01 (TSE:TVE)June 7, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 28, 2023 | americanbankingnews.comTamarack Valley Energy Ltd (TSE:TVE) Receives C$6.88 Consensus Price Target from AnalystsMay 28, 2023 | americanbankingnews.comTamarack Valley Energy Ltd (TSE:TVE) Receives C$6.88 Consensus Target Price from AnalystsMay 26, 2023 | theglobeandmail.comBuying off the lows at Tamarack Valley EnergyMay 25, 2023 | msn.comTamarack Valley Energy Ltd Down 4.10% on ThursdayMay 25, 2023 | americanbankingnews.comJeff Boyce Buys 40,473 Shares of Tamarack Valley Energy Ltd (TSE:TVE) StockJune 7, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 24, 2023 | americanbankingnews.comTamarack Valley Energy Ltd (TSE:TVE) Senior Officer Purchases C$29,276.00 in StockMay 19, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd flat on Friday (TVE)May 17, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd up on Wednesday (TVE)May 13, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Reaches New 1-Year Low at $3.28May 11, 2023 | marketwatch.comTamarack Valley Energy Announces First Quarter 2023 Financial Results and Provides Operational UpdateMay 5, 2023 | americanbankingnews.comTamarack Valley Energy Ltd (TSE:TVE) Given Consensus Rating of "Moderate Buy" by AnalystsApril 28, 2023 | americanbankingnews.comTamarack Valley Energy Ltd (TSE:TVE) to Post FY2023 Earnings of $0.48 Per Share, Stifel Firstegy ForecastsApril 27, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd up on Thursday (TVE)April 25, 2023 | americanbankingnews.comFY2024 Earnings Forecast for Tamarack Valley Energy Ltd (TSE:TVE) Issued By Stifel FirstegyApril 22, 2023 | msn.comDESJARDINS SECURITIES Maintains Tamarack Valley Energy (TSX:TVE) Buy RecommendationApril 19, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Cut to C$7.00 by Analysts at ATB CapitalApril 15, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) Price Target Lowered to C$5.50 at CIBCApril 14, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd down on Friday (TVE)April 8, 2023 | americanbankingnews.comAnalysts Set Tamarack Valley Energy Ltd (TSE:TVE) Price Target at C$7.10April 6, 2023 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd down on Wednesday (TVE)March 31, 2023 | americanbankingnews.comCanaccord Genuity Group Lowers Tamarack Valley Energy (TSE:TVE) Price Target to C$5.50March 29, 2023 | americanbankingnews.comTamarack Valley Energy (TSE:TVE) PT Lowered to C$5.00March 26, 2023 | americanbankingnews.comInsider Buying: Tamarack Valley Energy Ltd (TSE:TVE) Senior Officer Buys C$38,600.00 in StockSee More Headlines TVE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TVE Company Calendar Ex-Dividend for 5/15 Dividend4/27/2023Dividend Payable5/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/07/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/27/2023Get 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 ForecastC$6.88 High Stock Price ForecastC$11.00 Low Stock Price ForecastC$5.00 Forecasted Upside/Downside+92.0%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.71 Trailing P/E Ratio5.04 Forward P/E Ratio8.37 P/E GrowthN/ANet IncomeC$321.25 million Net Margins25.80% Pretax MarginN/A Return on Equity18.20% Return on Assets8.17% Debt Debt-to-Equity Ratio61.58 Current Ratio0.29 Quick Ratio0.80 Sales & Book Value Annual SalesC$1.25 billion Price / Sales1.59 Cash FlowC$0.14 per share Price / Cash Flow24.80 Book ValueC$3.86 per share Price / Book0.93Miscellaneous Outstanding Shares556,800,000Free FloatN/AMarket CapC$1.99 billion OptionableNot Optionable Beta2.76 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 CompetitorsPeyto Exploration & DevelopmentTSE:PEYFreehold RoyaltiesTSE:FRUHeadwater ExplorationTSE:HWXInternational PetroleumTSE:IPCORaging River ExplorationTSE:RRXView All CompetitorsInsidersChristine 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 - Frequently Asked Questions Should I buy or sell Tamarack Valley Energy stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tamarack Valley Energy in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TVE shares. View TVE analyst ratings or view top-rated stocks. What is Tamarack Valley Energy's stock price forecast for 2023? 6 brokers have issued twelve-month target prices for Tamarack Valley Energy's shares. Their TVE share price forecasts range from C$5.00 to C$11.00. On average, they anticipate the company's stock price to reach C$6.88 in the next twelve months. This suggests a possible upside of 92.0% 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 start of the year. Since then, TVE shares have decreased by 19.7% and is now trading at C$3.58. 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 Thursday, July 27th 2023. View our TVE earnings forecast. 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 Tuesday, May 16th. Shareholders of record on Wednesday, May 31st will be given a dividend of 0.013 per share on Thursday, June 15th. This represents a $0.16 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Tuesday, May 30th. 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 4.37%. TVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.13%. This payout ratio is at a healthy, sustainable level, below 75%. 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). What is Tamarack Valley Energy's stock symbol? Tamarack Valley Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TVE." 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. What is Tamarack Valley Energy's stock price today? One share of TVE stock can currently be purchased for approximately C$3.58. How much money does Tamarack Valley Energy make? Tamarack Valley Energy (TSE:TVE) has a market capitalization of C$1.99 billion and generates C$1.25 billion in revenue each year. The company earns C$321.25 million in net income (profit) each year or C$0.71 on an earnings per share basis. How can I contact Tamarack Valley Energy? Tamarack Valley Energy's mailing address is 425 1 St SW Suite 600, CALGARY, AB T2P 3L8, Canada. The official website for the company is www.tamarackvalley.ca. The company can be reached via phone at +1-403-2634440. This page (TSE:TVE) was last updated on 6/7/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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