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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 retiredcfon Oct 23, 2023 9:02am
330 Views
Post# 35695914

CIBC Notes

CIBC Notes
Tamarack Valley (TVE-TSX | OP, $5.50) reports after market on October 25. Our Q3/23 production estimate of 69.0MBoe/d is in line with consensus of 69.0MBoe/d while our cash flow estimate of $0.40/sh is in line with consensus of $0.41/sh. We expect management will look to provide a budget update for 2024 at some point during Q4/23; however, similar to prior years we expect it is likely announced separate from Q3/23 earnings.
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