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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 > Nutall's call on oil in May 2022 was $180
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Post by Billybabin61 on Mar 13, 2023 6:40pm

Nutall's call on oil in May 2022 was $180

https://www.youtube.com/watch?v=ES9iNqVQymo

Months later it was $100
Now I imagine he is hoping for $70
Don't forget he uses covered calls on all of his positions so his down size is limited. But with this drop he is losing $$$ for sure.
Comment by MarkDRichards on Mar 14, 2023 7:37am
He didn't call $180 for right now. The near-term call he made in that video was $100 as the floor. What he said is $180 is inevitable but in the long-term. Oil prices have to be at a level to supress discredtionary demand for the market to find stability vis-a-vis the supply shortage.  However, it will be interesting to see if he alters his views given the out-of-control inflation and ...more  
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