Tamarack Valley Energy Ltd T.TVE

TVE Revenue Growth -- Cash Flow Increase

[MLEWICKIMBA]

1. $68.00 USD WCS -- Currently
2. Nine Months Left in 2024
3. 62,000 BPDE 
4. 1.355 CAD

If we stay at this level for the rest of the year -- on average $68 WCS Basis

TVE revenue for those next nine months will be $1,565,000,000 CAD.  

And with the current quarter estimate of $445,000,000 in revenue (estimate).

This means TVE has a shot at breaking 2Billion CAD in sales for 2024.  

2023 revenue was 1.7Billion CAD.

This means an increemtal 300M CAD in cash flow.

My recomendation -- Hold and accumulate when you can.

If that happens TVE is a 6 Dollar stock for sure.  

Buybacks and debt repayment progress will drive the stock price to that level and more.

ML

[swale13]

Exactly You're better at this than I am   …so  I keep thinking that I'm missing something ... like many of us I've been running these numbers on 65, 68 and 70K boed   78   88 and 90 WTI .. it's crazy … almost unbelievable

[MLEWICKIMBA]

The stock price is too low for the companies cash flow currently.   When the 900M in Debt is reached (soon) and 10M shares are bought back this stock will go up 0.50 cents over night.   And when that debt target is met they can move to 50% of free cash flow for buybacks.  Plus the dividend and further debt reduction. I hope they do not increase the dividend this year

[Bennys65]

The knock on tve seems to be that our growth is stagnant as we focus spare cash on debt reduction and stronger balance sheet.Be that true or not given present prices we are going to hit our debt targets much more quickly.What has not been factored in is the proceeds from recent asset sales.One is done and two are aer pending.Steve gives a mention in the cc to this.Not sure why they are taking so

[wannabebuffet]

What I like about TVE is the way Brian talks about his long term outlook. He is looking 8 years out. I am okay with that - plan to be here in 8 years anyway. The money put into waterflood this year won't start to pay out until next year. But then it will continue to pay out for many more years after that. It is all value added which is what I want to see in management decisions. An insider