Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s): TNEYF

Energy Oil & Gas E&P

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... see more

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Tamarack Valley Energy Ltd > And Yet Another Couple Upgrades in The Globe & Mail Today

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Post by EastCoast1 on Jun 02, 2021 8:08am

And Yet Another Couple Upgrades in The Globe & Mail Today

* CIBC’s Jamie Kubik bumped up his target for Tamarack Valley Energy Ltd. (

TVE-T

+5.26%

) to $4 from $2.75, reiterating an “outperformer” rating, while Stifel’s Cody Kwong raised his target to $4.50 from $4 with a “buy” rating and reaffirming it as his “Top Idea within our junior E&P coverage universe.” The average is $3.61.

we see Tamarack being the go-to small-cap option for crude exposure.”

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Comment by retiredcf on Jun 02, 2021 8:45am

Here's a few more details from CIBC. GLTA “Similar to the 17-minute song from Iron Butterfly, we think it could take some time for the market to digest Tamarack’s most recent transaction with Anegada,” said Mr. Kubik. “That said, the addition of Charlie Lake brings a high-rate and economic oil play that enhances the strategic capability of this company, and we see the composition of assets ...more

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