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The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
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Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

Tamarack Valley Energy (TVE) Stock Price, News & Analysis

C$3.05
-0.02 (-0.65%)
(As of 12/8/2023 ET)
Compare
Today's Range
C$3.04
C$3.16
50-Day Range
C$3.05
C$4.30
52-Week Range
C$2.99
C$4.88
Volume
3.93 million shs
Average Volume
2.57 million shs
Market Capitalization
C$1.70 billion
P/E Ratio
23.46
Dividend Yield
4.92%
Price Target
C$5.25

Tamarack Valley Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
72.1% Upside
C$5.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.11mentions of Tamarack Valley Energy in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


TVE stock logo

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.

TVE Stock Price History

TVE Stock News Headlines

Brokerages Set Tamarack Valley Energy Ltd (TSE:TVE) PT at C$5.25
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Tamarack Valley Energy Announces 2024 Corporate Budget
TNEYF - Tamarack Valley Energy Ltd.
Buying off the lows at Tamarack Valley Energy
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 11/15 Dividend
10/30/2023
Dividend Payable
11/15/2023
Ex-Dividend for 12/15 Dividend
11/29/2023
Today
12/10/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
3/06/2024

Industry, Sector and Symbol

Industry
Oil & Gas E & P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$5.25
High Stock Price Target
C$6.00
Low Stock Price Target
C$4.25
Potential Upside/Downside
+72.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$87.31 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.39 billion
Cash Flow
C$0.12 per share
Book Value
C$3.85 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.70 billion
Optionable
Not Optionable
Beta
2.38
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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

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