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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 jjjorge35on Apr 11, 2024 2:01pm
198 Views
Post# 35983824

RE:RE:tve far superior value compared to ath

RE:RE:tve far superior value compared to athIt would be great if you're correct in this $8/share prediction, but let's be realistic, why would the elimination of $485m in debt result in a $2 Billion increase in marketcap? 

Are investors seriously this allergic to deb? even when debt payments are far and above covered by cash flow?

Debt shouldn't be viewed so negatively. This company is worth WAY more than Athabasca. Not even close.

I think a 6 dollar share price is possible in 2024, when the free cash flow numbers at $70 US WCS are shown on an earnings report, and debt and shares outstanding are chipped away at.
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