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Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Energy Oil & Gas E&P
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

Tamarack Valley Energy Ltd > Sufficient Supply And Weakening Demand
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Post by smallcaptdron Nov 25, 2022 10:05am
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Post# 35127931

Sufficient Supply And Weakening Demand

Sufficient Supply And Weakening DemandWe should be pushing the SP up to 52-week highs as Oil trades in the $70+ and paying the same price for shares that were at these prices when Oil was at $95 has to be smart and as Oil heads lower let's push the SP even higher! Who cares if the company's revenues are down $20 a barrel from the last time the SP was this high because this is how it's done in Bizzaro's world. Enjoy playing with yourself, but I'm not trading today because I can't pay more for something that the risk is increasing to heading lower.

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