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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

Tamarack Valley Energy Ltd > H2 Interest Costs only 33M CAD
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Post by MLEWICKIMBA on Aug 02, 2024 4:35pm

H2 Interest Costs only 33M CAD

1. Even at 74 WTI with 1.385 CAD so much will be accomplished on debt and buybacks even 10m shares is still 10m shares.

2. Overdone and no regard for Q2 2024 the last two days.

3. Interest costs have become pretty reasonable for TVE. More money for the business.

SC@M THE LAST FEW DAYS.

ML
Comment by robert41 on Aug 02, 2024 5:06pm
When u have 500 m shares out 10m buyback means nothing but the money to debt then u would have flexibility to buy on the cheap. Cash is always king
Comment by MLEWICKIMBA on Aug 03, 2024 12:09am
He said 50 to 60m at 75 wti for buybacks. 15m shares possible. More to debt as well. All overdone the last few days. Traders are crazy.
Comment by wannabebuffet on Aug 03, 2024 9:18am
Ah, a voice of calm and reason amidst the chatter. Thank you.
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