CIBCTamarack Valley (TVE-TSX | OP, $6.00) reports March 3 after market. We are forecasting CFPS of $0.30 for Q4/21 (consensus of $0.29). Following the company’s 2022 Operational Update, production for Q4/21 came in above expectations at 40.4 MBoe/d, cash flow came in
at $124MM (13% above prior expectations) and development spending came in above forecast at $41.7MM due to additional consolidation spending in the Clearwater and Charlie Lake regions. We will be looking for additional commentary on Clearwater drilling success following strong offsetting results from HWX.