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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

Post by marquacon Oct 27, 2021 6:23pm
340 Views
Post# 34056595

Hmmm

Hmmm
I was actually surprised to see a monthly dividend.  Not that I'm complaining.  Over a 12 month period it would get me about $3,800 so no complaints there.  I did like that they have left open the potential for special dividends which should give hope to folks who might be disappointed that the dividend isn't larger.

A bit suprised at the NCIB being only 5%.  I'm guessing that is because the talk of "Strategic and opportunistic M&A" is going to be more of a priority.  I hope that WTI has a modest rebound tomorrow as I'm interested to see how folks take this.  For myself, I'll give it a thumbs up.
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