Tamarack Valley Energy Ltd T.TVE

Under performer

[PUNJABI]

Management keeps buying expensive assets and paying premium prices, adding to debt and dilution, with a tiny dividend increase.  The time to buy assets is when the sector is in stress and assets trade at a discount and not when assets are expensive.

They are doing what CPG did in the past and investors abandoned the company till recently.

Dont think this is investor-friendly management.

[1condor]

Likely going to be ugly in the near term for TVE. Not a big fan of them buying up assets at this time. Will see today in the SP how other investors feel about it.

[riski]

I dunno guys. $60,000/flowing barrel for clearwater assets plus huge land inventory in the hottest play in the world. Pretty good price and sets these guys up for massive growth. I suspect the downdraft in crude oil prices sealed the deal. Delta was taking bids from multiple parties, most notably headwater but rumour has it there were megacaps in on the bid. Therefore I was expecting the assets

[riski]

There will be some turn over the next few days, but once the sell the news crowd is out, this is heading to $4.50+

[PUNJABI]

The sellers have a holding period of six and 12 months, all those shares will eventually come to the market once the holding period is over.

[stocktalk]

TVE, deal is accreative now  ! More lucrative  than wcp/xtc !!

[retiredcf]

Posters seem to forget that we have the means to check their posting history. So here we have yet another individual who has not commented on TVE before today (I went back as far as July 2021 and he's primarily into ATH and SGY).  They must monitor the BBs for any potential sign of weakness (for any reason) before they decide to share their infinite wisdom with the rest of us. GLTA