S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
TSE:TVE

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

C$3.36
+0.03 (+0.90%)
(As of 02/29/2024 ET)
Today's Range
C$3.33
C$3.44
50-Day Range
C$2.93
C$3.37
52-Week Range
C$2.76
C$4.51
Volume
3.43 million shs
Average Volume
2.00 million shs
Market Capitalization
C$1.87 billion
P/E Ratio
25.85
Dividend Yield
4.46%
Price Target
C$5.11

Tamarack Valley Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
50.8% Upside
C$5.07 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of Tamarack Valley Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
C$320,080 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.09 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

Power outages across the River Valley
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They're the most underrated yet crucial elements of technology. From renewable energy to military defense, Rare Earths are essential pieces of modern technology. Global superpowers and savvy investors are quickly learning just how valuable they truly are.
Tamarack Valley Energy Ltd
Tamarack Valley Energy Ltd TVE
Rare Earth Elements: The Workhorse of The Tech Revolution
They're the most underrated yet crucial elements of technology. From renewable energy to military defense, Rare Earths are essential pieces of modern technology. Global superpowers and savvy investors are quickly learning just how valuable they truly are.
TSX:TVE (Tamarack Valley Energy Ltd)
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

Ex-Dividend for 2/15 Dividend
1/30/2024
Dividend Payable
2/15/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Today
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/08/2024

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$5.07
High Stock Price Target
C$6.50
Low Stock Price Target
C$4.00
Potential Upside/Downside
+52.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 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$0.14 per share
Book Value
C$3.85 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.87 billion
Optionable
Not Optionable
Beta
2.62
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TVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Tamarack Valley Energy stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tamarack Valley Energy in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research 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?

9 brokers have issued 1 year price objectives for Tamarack Valley Energy's stock. Their TVE share price targets range from C$4.00 to C$6.50. On average, they expect the company's share price to reach C$5.07 in the next twelve months. This suggests a possible upside of 50.8% 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 2024?

Tamarack Valley Energy's stock was trading at C$3.07 at the start of the year. Since then, TVE stock has increased by 9.4% and is now trading at C$3.36.
View the best growth stocks for 2024 here
.

When is Tamarack Valley Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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 announced a monthly dividend on Thursday, February 15th. Shareholders of record on Thursday, February 29th will be given a dividend of 0.013 per share on Friday, March 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from the stock's previous monthly dividend of C$0.01.
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 4.63%. 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 3/1/2024 by MarketBeat.com Staff