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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 Jan 15, 2024 6:16pm
196 Views
Post# 35827917

RE:RE:RE:RE:RE:RE:Red Sea tensions put focus on struggling energy stocks:

RE:RE:RE:RE:RE:RE:Red Sea tensions put focus on struggling energy stocks:Pay attention, they have been paying down debt and as of year end are ready to start putting more free cash flow into buybacks.  I doubt they are planning to increase the base dividend until they reach the lowest tier of debt but I expect buybacks and perhaps a special dividend or two.  Meantime they did a native deal which should open up futrure opportunities.  Their small sales have also eliminated much of their ARO liability.  At some point the market will realize all this and the share price should reflect it.  Hang tight, good things are coming.
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