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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Company’s subsidiary is Tamarack Ridge Resources Inc.


TSX:TVE - Post by User

Comment by riskion Jun 08, 2021 4:33pm
83 Views
Post# 33349543

RE:RE:RE:RE:RE:RE:RE:RE:Large secondary offering at 2.53

RE:RE:RE:RE:RE:RE:RE:RE:Large secondary offering at 2.53All true, but it's relative.  At these oil prices, the cash flow per share is much, much higher for other companies. 

It was a good one to ride up from the two's when the recovery was still uncertain and other companies were at risk of bankruptcy, but the quick, easy money in WCP has been made.  It doesn't look terribly exciting from here.  

Mtklip wrote:
I don't know about WCP being fully valued, they have a dividend and negative CO2 emissions, those are big selling points. Also, the share price is well below 2018 level and the company is bigger and better.


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