Tamarack Valley Energy Ltd T.TVE

Market Sellers Throwing Away Money

[MLEWICKIMBA]

1. 85 USD WTI is amazing for April.

2. WCS is $72 and going to a $10 Differential once TMX Flows.

3. 100% Flow of TMX Contracted Volumes in May means WCS Inventories in Canada will be very low.

4. Maintenance done in May will also keep WCS Differential low and it might go to 8 bucks.

5. TVE transforming the enterprise again this year.


HAVE A LITTLE TIME HORIZON!

[robert41]

Hi M reallly appreciate your enthusiasm I feel the same. Let's hope oil is better managed by companies and opec going forward...would love to see the new normal at $85 going forward we don't need high oil imagine where Tve is in a year or two if they can keep oil either side of $85. 

[MLEWICKIMBA]

100% Robert41 This will play out in our favour.

[Sirlostalot]

Hello fellows , speaking of the new normal saw Javier Blas interviewed on Bloomberg this AM and he said 90 is the new 70 taking into account recent inflation and that Saudi really needs 90 , assuming he was talking Brent but not sure. Seems like Macro landscape is looking really positive and how TVE does will be largely controlled by the acumen of management. Looked at April investor report and

[robert41]

Yah not sure if the world can function at $ 90 and if that was the case the company should stop paying down debt and buy every share they can. If $90 oil was going to be the new $70 tve would be $10 bucks in year.

[MLEWICKIMBA]

May 8th Release: What we want to see. 1. 899,999,999 in debt 2. 10m shares bought back 3. Confidence in their capex program  4. 63000 bpde  5. We know we are getting the dividend  All of this supports a 5 dollar stock price. Minimum