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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TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > Net Income down 74% in 1/4 & down 32% for year ??

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Post by alhiemstra on Mar 01, 2023 8:22pm

Net Income down 74% in 1/4 & down 32% for year ??

Net income	50,441	140,448		(64)		345,198		390,508	(12)
Per share – basic	$ 0.09	$ 0.35		(74)		$ 0.75		$ 1.10	(32)

500

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Comment by forecast123 on Mar 01, 2023 8:32pm

This is a very problematic report.... ...On the surface the net income for Q4/12 months for 2022 is far worse than that for 2021.

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Comment by himmler on Mar 01, 2023 8:36pm

Yes...17 cents per share was the expected concensus...TVE reports 9 cents? That could be a problem (if I'm reading that right)

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Comment by drdrab on Mar 01, 2023 9:12pm

Lots of Capex on Q$ 2021 that was not there in Q4 2022. I guess somebody could look into what they spent money on in 2022, that they did not spend it on in 2021?

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