CFRA: Strong buyQUANTITATIVE STOCK REPORT | November 08, 2024 | TSX : TVE Tamarack Valley Energy Ltd. Recommendation [as of November 7, 2024]: STRONG BUY
Risk Evaluation: MODERATE Price: 4.440 (Nov 08, 2024 close) Trading Currency: CAD Country: Canada GICS Sector: Energy SPGMI's Quality Ranking: C GICS Industry: Oil & Gas Exploration & Production Business
Summary: Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, contd...
Quantitative Model Drivers[as of November 7, 2024] Recommendation: STRONG BUY Valuation Quality Growth Street Sentiment Price Momentum Positive Positive Positive Positive Neutral Price Performance Risk Evaluation : MODERATE Asset/Market Size Risk Moderate Financial Leverage Risk Moderate Price Volatility Risk High Liquidity Risk Low Relative Strength vs Index As Reported Earnings vs Previous Year 40-Week Mov. Avg. Up Down No Change Volume Quantitative Ranking Below Avg. Above Avg. Quantitative Rankings: SB = Strong Buy, H = Hold, SS = Strong Sell Past performance is not an indication of future performance and should not be relied upon as such. Source: CFRA, S&P Global Market Intelligence (SPGMI) Total Return[%CAGR] YTD 1Yr 3Yr 5Yr TSX:TVE 59.7 19.8 9.2 22.1 Peer Average 15.1 11.1 13.6 13.3 S&