TSE:TVE Tamarack Valley Energy - TVE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$3.94 +0.09 (+2.34%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$3.83▼C$3.9450-Day RangeC$3.60▼C$4.8252-Week RangeC$3.28▼C$6.48Volume2.54 million shsAverage Volume3.14 million shsMarket CapitalizationC$2.19 billionP/E Ratio5.12Dividend Yield3.81%Price TargetC$7.39 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Tamarack Valley Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside84.7% UpsideC$7.28 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 4 Articles This WeekInsider TradingAcquiring SharesC$38,600 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.2.55 out of 5 stars 3.5 Analyst's Opinion Consensus RatingTamarack Valley Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$7.28, Tamarack Valley Energy has a forecasted upside of 84.7% from its current price of C$3.94.Amount of Analyst CoverageTamarack Valley Energy has only been the subject of 1 research reports 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 3.90%, 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 19.48%. 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 3.3 News and Social Media Coverage News SentimentTamarack Valley Energy has a news sentiment score of 0.88. 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 higher news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Tamarack Valley Energy this week, compared to 1 article on an average week.Search Interest34 people have searched for TVE on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 16 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 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$38,600.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 1.21% of the stock of Tamarack Valley Energy is held by insiders.Percentage Held by InstitutionsOnly 32.54% 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 5.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Tamarack Valley Energy is 5.12, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 64.30.Price to Book Value per Share RatioTamarack Valley Energy has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesMarch 26, 2023 | americanbankingnews.comInsider Buying: Tamarack Valley Energy Ltd (TSE:TVE) Senior Officer Buys C$38,600.00 in StockFebruary 21, 2023 | finance.yahoo.comTamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0125March 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastFebruary 6, 2023 | fool.ca2 TSX Energy Stocks That Could Break Through the Roof in 2023January 14, 2023 | finance.yahoo.comTamarack Valley Energy (TSE:TVE) Ticks All The Boxes When It Comes To Earnings GrowthDecember 24, 2022 | finance.yahoo.comWhy You Might Be Interested In Tamarack Valley Energy Ltd. (TSE:TVE) For Its Upcoming DividendDecember 20, 2022 | finance.yahoo.comTamarack Valley Energy Ltd. Releases 2022 Sustainability ReportDecember 16, 2022 | msn.comTamarack valley energy ltd declares CAD 0.0125 dividendMarch 28, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastDecember 15, 2022 | msn.comBirchcliff, Crew, i3 rated Buy as Cannacord expands energy coverageNovember 24, 2022 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd up on Tuesday (TVE)November 16, 2022 | finance.yahoo.comTwo workers dead after explosion at Tamarack Valley wellsite in AlbertaNovember 8, 2022 | finance.yahoo.comTamarack Valley Energy Third Quarter 2022 Earnings: EPS: CA$0.28 (vs CA$0.049 in 3Q 2021)November 4, 2022 | msn.comTamarack Valley Energy (TSX:TVE) Stock Soared 40% in October: Time to Buy?October 27, 2022 | finance.yahoo.comTamarack Valley Energy Announces Strong Third Quarter 2022 Financial Results, Operational Update and Updated Pro Forma Q4 2022 GuidanceOctober 16, 2022 | finance.yahoo.comInstitutions own 14% of Tamarack Valley Energy Ltd. (TSE:TVE) shares but individual investors control 50% of the companySeptember 27, 2022 | finance.yahoo.comTamarack Valley Energy Ltd. Announces Closing of Previously Announced Equity FinancingSeptember 23, 2022 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd down on Thursday (TVE)September 23, 2022 | finance.yahoo.comShould You Buy Tamarack Valley Energy Ltd. (TSE:TVE) For Its Upcoming Dividend?September 22, 2022 | finance.yahoo.comTamarack Valley Energy Announces Closing of Supplemental $100 Million Addition to First Sustainability-Linked Note Issuance in the North American Oil & Gas Producer SpaceSeptember 16, 2022 | theglobeandmail.comClosing Bell: Tamarack Valley Energy Ltd up on Friday (TVE)September 13, 2022 | finance.yahoo.comTamarack Valley Energy Announces Issuance and Pricing of Upsized $100 Million 7.25% Senior Unsecured Sustainability-Linked Notes due 2027September 12, 2022 | reuters.comTamarack Valley to buy Clearwater producer Deltastream in $1.1 bln dealSeptember 12, 2022 | reuters.comTamarack Valley to buy Deltastream for $1.1 bln in Canada's fast-growing ClearwaterSeptember 12, 2022 | theglobeandmail.comTamarack Valley to buy oil producer Deltastream Energy in $1.425-billion dealSeptember 12, 2022 | theglobeandmail.comTamarack Valley Energy buying Deltastream Energy for $1.425 billionSeptember 12, 2022 | finance.yahoo.comTamarack Valley Energy Ltd. Solidifies Position as the Largest Clearwater Producer with the Acquisition of Deltastream Energy Corporation and Announces 25% Monthly Dividend IncreaseSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 3/15 Dividend2/27/2023Last Earnings3/01/2023Dividend Payable3/15/2023Today3/27/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/02/2023Get 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$7.28 High Stock Price ForecastC$11.00 Low Stock Price ForecastC$5.00 Forecasted Upside/Downside+87.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio5.12 Forward P/E Ratio10.26 P/E GrowthN/ANet IncomeC$345.20 million Net Margins29.28% Pretax MarginN/A Return on Equity20.16% Return on Assets8.64% Debt Debt-to-Equity Ratio55.79 Current Ratio0.29 Quick Ratio0.80 Sales & Book Value Annual SalesC$1.18 billion Price / Sales1.86 Cash FlowC$0.16 per share Price / Cash Flow24.80 Book ValueC$3.89 per share Price / Book1.01Miscellaneous Outstanding Shares556,530,000Free FloatN/AMarket CapC$2.19 billion OptionableNot Optionable Beta2.78 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:FRUSpartan DeltaTSE:SDEBaytex EnergyTSE:BTEInternational PetroleumTSE:IPCOView All CompetitorsInsidersScott ShimekBought 10,000 shares on 3/22/2023Total: C$38,600.00 ($3.86/share)Marnie SmithBought 19,097 shares on 5/11/2022Total: C$88,610.08 ($4.64/share)Ian Robert CurrieBought 8,775 shares on 5/6/2022Total: C$44,313.75 ($5.05/share)View All Insider Transactions TVE Stock - Frequently Asked Questions Should I buy or sell Tamarack Valley Energy stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tamarack Valley Energy in the last twelve months. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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? 8 analysts have issued 12-month price objectives for Tamarack Valley Energy's shares. Their TVE share price forecasts range from C$5.00 to C$11.00. On average, they expect the company's share price to reach C$7.28 in the next twelve months. This suggests a possible upside of 85.2% 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 on January 1st, 2023. Since then, TVE shares have decreased by 11.9% and is now trading at C$3.93. 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 Tuesday, May 2nd 2023. View our TVE earnings forecast. How were Tamarack Valley Energy's earnings last quarter? Tamarack Valley Energy Ltd (TSE:TVE) posted its quarterly earnings results on Wednesday, March, 1st. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.08. The company had revenue of $423.76 million for the quarter. Tamarack Valley Energy had a trailing twelve-month return on equity of 20.16% and a net margin of 29.28%. How often does Tamarack Valley Energy pay dividends? What is the dividend yield for Tamarack Valley Energy? Tamarack Valley Energy announced a monthly dividend on Tuesday, March 21st. Investors of record on Friday, March 31st will be paid a dividend of 0.013 per share on Friday, April 14th. This represents a $0.16 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, March 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 3.90%. The dividend payout ratio is 19.48%. 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$3.93. How much money does Tamarack Valley Energy make? Tamarack Valley Energy (TSE:TVE) has a market capitalization of C$2.19 billion and generates C$1.18 billion in revenue each year. The company earns C$345.20 million in net income (profit) each year or C$0.77 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 3/28/2023 by MarketBeat.com Staff 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. View which stocks are hot on social media with MarketBeat's trending stocks report. 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