TSE:TVE

Tamarack Valley Energy (TVE.TO)

13.14
-0.28 (2.05%)
as of Aug 4, 2026, 2:46:31 pm Market Open.
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Investor Insights
star iconAug 4, 2026, 12:00 am

This summary was created by AI, based on 20 opinions in the last 12 months.

Tamarack Valley Energy (TVE-T) has garnered significant positive attention from various analysts, many characterizing it as a strong investment choice predominantly due to its success in the Clearwater area where it employs advanced water-flood technology to enhance production. The company has demonstrated impressive growth, with expectations of a 15% production increase over the next six months, alongside generous cash flow that has allowed for a recently increased dividend. Analysts appreciate the solid management team and strategic focus on high-quality assets, which have positioned Tamarack as a potential acquisition target within a favorable energy market. While consensus suggests modest volatility given its smaller cap status, experts widely recommend holding or adding to positions, anticipating significant upside potential in the coming years as oil prices stabilize in the $60-$70 range.

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Consensus
Buy
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Valuation
Undervalued
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PAST TOP PICK
(A Top Pick Dec 08/20, Up 257%) Crude oil was significantly lower than it is today a year ago. There has been a lot of talk about what the oil companies can do, now that their cashflow is good. Continues to like it in the space.
DON'T BUY
Backdrop for energy remains positive over the long term, as alternative energy sources aren't always that efficient. Increasing investment in ESG is a headwind. His concern is that management owns only a small piece. Might continue to issue too much paper to pay for acquisitions. He owns KEL instead.
BUY
Excellent little company that's getting bigger by the day. Well run. Whole sector is undervalued. Stock should go significantly higher.
BUY
Has been a favourite for him. A top holding. Did a great job of reinvigorating asset base. Stock has done pretty well and has been rerated. 27% free cashflow yield. Performance in 2022 will be determined by who returns the most capital to investors. Wants to see a 5% dividend with 10% buy backs.
TOP PICK
The largest holding in his fund. Trading at 2.1x enterprise to cashflow. 31% free cashflow. Have pivoted to the 2 hottest plays in Canada. Clearwater exposure should give them 4.5x multiple. The balance sheet is incredible and board and management are aligned for return of capital. Could initiate a 5% dividend and 10% share buy back with 100M free cash flow remaining. (Analysts’ price target is $4.25)
BUY

Profoundly miss-priced energy stock. Has done a good job with pivoting into the two exciting plays, Clearwater and Charlie Lake. 31% free cashflow yield, which means they can privatize themselves in 3 years. Could easily pay a 5% dividend and buy back stocks with free cashflow left over. Biggest holding for him.

BUY

Was a past pick a while ago. Still owns and likes it. He remains positive about the energy sector. Tamarack are great operators. They have lower decline rates and steady production rates. They bought Clearwater which will take time to integrate, but will add strongly to their manufacturing levels.

PAST TOP PICK
(A Top Pick Jun 19/20, Up 202%) Still see good upside potential. Management has done a good job. Is in a stronger position coming out of covid than before the pandemic. Has meaningful exposure to two the more economic plays in Canada. On the cusp of initiating a dividend that will make the stock even more attractive. Balance sheet is great and free cashflow is very strong. At $70 oil, it should trade at $4.61 share price.
BUY
Has done a fantastic job at scaling up and increasing their assets. They have 2 new core plays with some of the best economics in Canada. At $60 oil, trading at 2.9x enterprise value to cashflow at 23% cashflow yield. Small cap light oil names is getting more attention. Still excited about it. (Analysts’ price target is $3.50)
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is good potential upside in the short term considering size and strong growth prior to the pandemic. It also has higher risk though. Cheap on valuation and has made good acquisitions. Unlock Premium - Try 5i Free

TOP PICK
A clearwater play. Trading at 2.5x cashflow. Once they pay down debt from acquisitions, you could see them buy back stocks. Really mis-priced right now. A great opportunity to get access to the most profitable play in Canada. New leg of growth and balance sheet is strong. MnA is possible. (Analysts’ price target is $3.06)
PAST TOP PICK
(A Top Pick Feb 12/20, Down 4%) Also a top pick today. At $60 oil, he sees 38% free cash flow yield, $4.29 price target and 160% upside. They have a clean balance sheet, maybe they can do more tuck-in buys, and have several years of drilling inventory. TVE is the poster child of oil names left for dead but it offers big upside.
TOP PICK

It's one of the cheapest energy stocks in the world. They just entered the Clearwater, the most profitable oil play in Canada. They'll generate gobs of free cash flow in 2022, enough to buy back all their shares using three years of cash. He sees well more than 100% upside. (Analysts’ price target is $2.09)

BUY
Has recommended this before. He view them as a manufacturer: TVE buys a field, then develops it by water-flooding it for years, which results in a nice flow and lower decline rates. Pumping get oil to the ground. TVE remains under the radar as foreigners overlook small/mid-cap energy names. He's happy to own this.
TOP PICK
A feed stock for another company that wants scale. Clean balance sheet and asset holdings. Trades at 13% free cashflow yield at $50, and 31% at $60. You get a free cashflow engine. (Analysts’ price target is $1.54)
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