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

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our TVE earnings forecast.

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.

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.

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).

Tamarack Valley Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TVE."

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.
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One share of TVE stock can currently be purchased for approximately C$3.58.

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.

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.