Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

View:
Post by 4thefunofit on Sep 08, 2022 10:59am

Debt target

By my math we should be in that <400MM but >200MM debt target window. Can someone double check?
Comment by Mr.Nugget on Sep 08, 2022 11:14am
Not until End of October....announcement will be made in Q4
Comment by Lizzzy on Sep 08, 2022 12:55pm
They are well under $400m net debt.They had $470m as of June 30th and subsequently received $70m from Viking disposition. Then about $1m per day in free funds flow-  should be at about $325-350m net debt right now.   announcement of enhanced shareholder return could come any day.  Share price will POP!!
Comment by Abedim15 on Sep 08, 2022 2:11pm
Are you sure that the funds from the Viking sale weren't  already included in getting the debt down to the 470?
Comment by Lizzzy on Sep 08, 2022 2:48pm
Yes, I'm sure, it is stated in their q2 financial news release on July 28th on their website.  Page 1.  Disposition was "subsequent to the quarter..."
Comment by Mr.Nugget on Sep 08, 2022 2:49pm
From our firms calculations it looks like end of October. Not sure if your math is correct. 
Comment by PlutusofCrete on Sep 08, 2022 3:23pm
What are your firm's top picks for O&G? Mr.Nugget - (9/8/2022 2:49:00 PM) RE:RE:Debt target From our firms calculations it looks like end of October. Not sure if your math is correct. 
Comment by Lizzzy on Sep 08, 2022 4:10pm
Your firm should hire a new analyst, lol  end of October you can read the q3 financials news release stating that
Comment by Swackaboozy on Sep 08, 2022 6:33pm
I asked that question in the online Q&E session pretty sure they said viking sale was accounted for before 470m debt,doubtful we get below 400m threshold this quarter.Schmitt has plans keeping that money out of shareholders hands.
Comment by Lizzzy on Sep 09, 2022 11:03am
This is not true at all.  It's clearly stated the Viking disposition was subsequent to Q2.   Also, net debt will be LESS than $400m in Q3 even WITHOUT the Viking disposition cash because of so much free funds flow.  going to be an unbelievable quarter. Buckle up.   
Comment by Mr.Nugget on Sep 09, 2022 5:38pm
3 weeks left in Q3 and no announcement........hmmmm LMAO
Comment by PunkRocky on Sep 09, 2022 5:56pm
Whay are you here? Oil is going back up. Slither away McNugget.
Comment by Mr.Nugget on Sep 09, 2022 6:53pm
Oil going lower next week bud! LMAO
Comment by PunkRocky on Sep 10, 2022 11:20am
And you know this how? Can you also give me the sports scores in advance so I can win all of my bets? You sound like those so-called "clairvoyants" who foolishly claim they can know a person's future, yet they still live their lives in squalor stuck in the same "clairvoyant" job instead of picking out the EXACT companies in advance  to become a millionaire throug ...more  
Comment by stocktalk on Sep 09, 2022 9:12am
Your a fool, no firm member nor analyst would be on any bullboard writting dumb false narratives. Don't you have to go upstairs for dinner ?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities