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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

Tamarack Valley Energy Ltd > Not a fan of this equity issuance - I’m out
View:
Post by Malherbe on Apr 21, 2022 1:51pm

Not a fan of this equity issuance - I’m out

Sold while 6% up today. Can't believe they're issuing shares.
Comment by Konaboy on Apr 21, 2022 2:22pm
What's another 9 on 433? Let's hope the production/growth holds up to the Clearwater hype.  Hedging could be better, could be worse. Market seems to like it, the only one on my tracker still showing green this afternoon!
Comment by TheRexmember on Apr 21, 2022 3:44pm
They probably had no choice. The sellers likely insisted on some shares both to participate in any upside and for tax purposes. Likely a net win these guys will hold long term while the company soaks shares up in the buyback. I like this move. 
Comment by Moremoney4u on Apr 22, 2022 7:22am
AGREE, the buyers realize the potential of TVE, and WILL gain by the stock appreciation. The land in the CLEARWATER area must be full bought up. TVE, has years of QUICK paybacks, 6 ~ 8 months.  ERIC still LIKES IT, 10.00 $$ at 100.00 dollar oil. MAYBE STOCK will go higher, I think it will be in the 12.00 range by OCTOBER. They will increase the dividend again. THE next trend for oil companies ...more  
Comment by Moremoney4u on Apr 22, 2022 7:27am
AGREE, the buyers realize the potential of TVE, and WILL gain by the stock appreciation. The land in the CLEARWATER area must be full bought up. TVE, has years of QUICK paybacks, 6 ~ 8 months.@ ERIC still LIKES IT, 10.00 $$ at 100.00 dollar oil. MAYBE STOCK will go higher, I think it will be in the 12.00 range by OCTOBER. They will increase the dividend again. THE next trend for oil companies ...more  
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