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.

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Tamarack Valley Energy Ltd > WOW .67/share fully diluted

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Comment by Chris007on Jul 27, 2021 6:54pm

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Post# 33614393

RE:RE:RE:RE:RE:WOW .67/share fully diluted

All those acquisitions that TVE made in the first half of the year, sure make the Q2 financials convoluted.

Net income and Adjusted Funds Flows per share calculated against weighted average shares for EPS 0.67 and Adjusted Funds Flow per share of 0.21

Weighted average shares outstanding (thousands) - Diluted of 341,935

https://www.tamarackvalley.ca/wp-content/uploads/2021/07/2021-Q2-Results-FINAL2.pdf

Digging into the financial results

Shares outstanding as at June 30, 2021 stand at 406,041,000

page 18

https://www.tamarackvalley.ca/wp-content/uploads/2021/07/Q2-2021-Financials-FINAL-COMBINED.pdf