TSE:TVE

Tamarack Valley Energy (TVE.TO)

11.86
+0.01 (0.08%)
as of Nov 13, 2026, 4:09:10 pm Market Open.
605 watching
0
BUY

Owns shares in company.
Excellent prospects if energy prices remain high.
High cost assets with good torque to commodity price.
Will continue to hold shares. 

BUY

Recent share price is lagging compared to other names in sector.
Believes current share price is presenting buying opportunity.
Canadian energy very under priced.
Good time to buy for long term investors. 

WATCH

Working through debt after a 2-year acquisition binge. Looking for a return to higher shareholder capital returns. Now at 25% of free cashflow, and he's hoping for 75% by the end of this year, when it will look more interesting.

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).
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