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Bullboard - Stock Discussion Forum 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... see more

TSX:TVE - Post Discussion

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Post by Sirlostalot on Nov 19, 2021 10:16am

Wow

Wti goes down a couple bucks and a company that is profitable and will pay a dividend down to $36 Wti is off 6 percent ..hopefully they are making good use of there buyback provisions today.
Comment by gmf1001 on Nov 19, 2021 11:57am
Yes, there's some knee jerk reaction today on the SP, but oil is not just down 'a couple bucks' but down ~7% in the last few days.  As investors we know this in't going to impact TVE's ability to make us money over time, but for traders they may be jumping.   Agree that it's a good time for the company to purchase some shares.
Comment by Re1ndeer2 on Nov 19, 2021 1:30pm
Concerted effort by US government to reduce WTI/ gasoline prices...SPR release by US and China and mixed messages to OPEC....I think this is short term...I bought on recent dips...
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