Tamarack Valley Energy Ltd T.TVE

Future Takeout?

[retiredcf]

Who might buy either KEL or TVE?

Both TVE and KEL are trading at attractive levels, and both possess strong balance sheets. We like TVE here given that it is trading only at 1.0x Price/Book, and in the most recent quarter, TVE’s management indicated the company will start to return capital at a more aggressive pace in the future. These names could be attractive for investors who want to get exposure to the energy sector or looking for capital returns in the near term. Both are small in size and could be potential targets for large oil companies to acquire, but we prefer TVE here for long-term holding. Companies such as WCP, VRN or POU might one day take an interest. (5iResearch)

[wannabebuffet]

I would think all Canadian oil and gas companies are on the takeover radar. I owned Gear but sold after they cut the dividend. Who knew it would be bought out at a high premium? I think TVE is just coming into a big string of earnings increases. The comment I saw was 'they have turned the corner'. I do think we will see increasing results and profits from them. I don't want them to be

[cre8value4me]

When was that? Who bought Gear have I been under a rock somewhere this summer?

[Oldgreyguy]

Gear is still trading with a new CEO and supposedly new strategy so I have no idea where they thought it was bought out.

[BigJake]

Ya that's news to me as well, I was thinking the same thing 

[robert41]

Probably ment to say crew clearly gear is still here

[Lousnews]

I think your right. The most recent play in CDN energy was Tourmaline Oil (TOU), and Crew Energy (CR a couple weeks back. Whoever was holding Crew at the time did very well as they got close to an 80% bump.

[wannabebuffet]

You are totally right. My mistake confusing the two companies. Good thing I sold Gear when the dividend was cut. Bought more TVE and I am happy with my position. The TVE outlook is good but much slower than I would have thought.