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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

Comment by Oldgreyguyon Mar 17, 2022 8:55am
220 Views
Post# 34521317

RE:RE:RE:Next earnings

RE:RE:RE:Next earningsThey are doing exactly what they said.  They started a dividend and have paid 2 and declared a third.  They will pay down debt until it reaches a certain level and then start using more of their FCF for buybacks and special dividends.  My guess is this will happen by th end of Q2 but I'm not modelling their finances.  Have a bit of patience and just smile while the stock price slowly grows.
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