TSE:TVE

Tamarack Valley Energy (TVE.TO)

13.38
+0.19 (1.44%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
604 watching
0
PAST TOP PICK
(A Top Pick Jun 03/22, Down 31%)

Active on M&A has been tough on shares.
Overhang on share count being reduced post Deltastream acquisition.
Paying down debt at high rate.
Exposure to Clearwater oil play (most economic oil play in North America).
Still 100% upside.

DON'T BUY

There is more interest and less risk in long life oil and large cap companies within the sector. Tamarack Valley is not a good risk reward investment.

TOP PICK

Multi-year bull market for oil.
Large exposure to Clearwater oil play (most profitable in North America).
Largest shareholder of company (~44 million shares).
Returning 50% of free cash flow by the end of the year.
Meaningful upside in 23/24'.
Large reserve life buildup.
$100 oil price would see 200% upside to stock.

TOP PICK
Very aggressive at consolidating Clearwater acreage. Company continuing to pay down debt. Expecting a $12 share price given strong oil prices.
TOP PICK
Very active this year in acquiring acreage in the Clearwater oil play. Expecting a rise in the share price in 2023. Expecting a large amount of cash flow being paid back to investors next year. Expecting a 5x multiple on the share price.
TOP PICK
It is a massive acquirer in the Clearwater play which been an overhang on the stock. Trading at a below market multiple of 2.3 times. It could privatize in two and a half years and has potential upside of 164%. He is the second largest shareholder and is still buying. Buy 12, Hold 1, Sell 0 (Analysts’ price target is $7.10)
PAST TOP PICK
(A Top Pick Sep 24/21, Up 100%) Recent acquisition of Deltastream a good move. Very high quality asset base with Clearwater expansion (largest landowner). Expecting company to buyback 12% of shares outstanding and pay 4% dividend yield. Wells in Clearwater play payout in 1 month. Expecting a $12 share price.
TOP PICK
Best acreage, in best play in North America (Clearwater). Stock trading at 44% free cash flow yield. Expecting company to buyback 12% of stock, with 4% dividend next year. Share price of $11 within the next year is possible.
PAST TOP PICK
(A Top Pick Jul 20/21, Up 55%) Still owns stock and is largest shareholder of the company. Company operating in the Clearwater play with large position. Market concerns that will over bid on sale of Deltastrem Exploration (neighbors in the same play). Currently trading at ~1.9x cash flow with 33% free cash flow. Expecting 75% of free cash flow to be returned next year. Believe a 5x multiple is reasonable which equates to ~$11 share price.
BUY
Will grow aggressively. Shifting from M&A to more organic growth. Targeting 50% of free cashflow of around 20% to go to shareholders, a very healthy buyback. Yield around 3%.
BUY
He's met with them a lot in the past 10 years. It's growing quickly. Well-managed with great land. Should continue to do well as the oil boom happens. Tied to the oil price.
TOP PICK
Company has high exposure to Clearwater oil play, with very fast well payouts (return on investment). Trading at 2.4x cash flow with a 27% free cash flow yield. Committed to returning 50% of cash flow back to shareholders (expecting 75% soon). Thinks that a 5x multiple appreciation on share price is reasonable (100% upside).
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Posted an EPS of $0.06 and production was up 73%. The company closed the quarter with $556M in net debt. Dividends should increase to $0.01 a month as of June once the acquisition of Rolling Hils closes. They are also planning for a special dividend or further buybacks in Q3. Debt is high but interest coverage is high at these oil prices. A solid quarter. Unlock Premium - Try 5i Free

HOLD
Team has done a good job of building and repositioning the company. Started a dividend, paying down debt. More free cash will let them grow the business, do tuck-in acquisitions, and increase shareholder returns such as a special dividend.
PAST TOP PICK
(A Top Pick Mar 26/21, Up 131%) Very good job at entering into new opportunities (Clearwater oil play). Payouts on new wells within 6 months. Divided will increase with reduction in debt. Currently trading at ~1.7 cash flow and 37% free cash flow yield($100 oil). Energy ignorance creating mis-priced opportunities.
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