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Bullboard - Stock Discussion Forum 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... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > TVE has 100% upside potential when compared to WCP
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Post by rexrex on Dec 07, 2020 12:21pm

TVE has 100% upside potential when compared to WCP

If you compare the chart of Whitecap Resources and Tamarack Valley before Pandemic and when Pandemic hit, TVE was trading at average 50% of stock price of Whitecap. After the oil prices rebounded, shares in White Cap rose swiftly but TVE did not get that much attention. With oil now racing towards $50 a barrel, chances are market will soon realise that TVE is significantly undervalued and has 100% or more upside. WCP today is trading at $4.20, if one were to compare, TVE should be trading at $2.10 today....the upside is plentiful from here....imo..
Comment by Druchii on Dec 07, 2020 10:52pm
Agreed, and quality-wise, they seem highly comparable
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