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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 MustangMatton Dec 06, 2023 11:31am
241 Views
Post# 35771058

RE:RE:This stinks

RE:RE:This stinks
It's not just the BOE guidance that sucks, so does projected free cash flow @$75 $250 million 2024.  They genereated $255million in Q3 2023, in one quarter, now the same for a full year?

I don't like TVE as a short term trader either.  This could get ugly here over the next 2 weeks.  Tax loss selling and if it breaks the $3 handle margin calls, could be lot's of sellers in the near term.  

Unless guidance is low bar they can easily jump over?  Cheers Matthew 
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