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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 himmleron Mar 16, 2023 11:14am
203 Views
Post# 35342485

RE:RE:RE:TVE

RE:RE:RE:TVEI do agree this drop is overdone.Debt is a concern,as this company has a lot,but if one believes oil will stay up,then long term TVE should be ok.
Always works this way with small cap companies...takes many months to build up a decent price and a week or two to wipe out a years gain.
That's the problem..these plays are a long term hold.The dividend means zero as anyone that bought over $4 isn't going to feel good about a measly % compared to the share price loss.
Don't need a fool like a two bit analyst telling us what's happening to the oil price either...we can see that for ourselves.
Geo politics,interest rates,threat of a recession..blah  blah blah

Lol
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