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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 Bennys65on Mar 18, 2022 10:47am
196 Views
Post# 34525239

RE:RE:RE:RE:RE:RE:Next earnings

RE:RE:RE:RE:RE:RE:Next earningsi like everyone am interested in divs and stock price.The company has been very clear on the plan at this point.The base div will not be changed .In fact they will be able to pay it even if oil drops to 40.Every three months they will look at the numbers and deceide weather to buy back stock or issue a special div.That decesion is all based on math.If our stock is undervalued they buy back stock.If it is fully valued we get a special div.Either way the shareholder gets increased returns Given the volitility of the commidty we produce this seems like a very good plan,
 
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