TSE:TVE

Tamarack Valley Energy (TVE.TO)

13.02
-0.08 (0.61%)
as of Jul 14, 2026, 8:00:00 pm Market Open.
603 watching
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Investor Insights
star iconJul 14, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

Tamarack Valley Energy (TVE) has garnered strong positive reviews from various experts due to its effective use of water-flood technology, resulting in significant production growth anticipated at 15% over the next six months. The company is described as a leader in the Clearwater play and has recently increased its dividend by 25%, showcasing its commitment to shareholder returns through share buybacks. Analysts foresee further multiple expansion and pricing power as international investors return to Canadian energy. With projections of solid earnings growth, a well-covered dividend, and a robust balance sheet, several experts suggest TVE could see substantial upside potential in the coming years, making it a favored choice in the energy sector.

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Consensus
Buy
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Valuation
Undervalued
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HWX
BUY
At $60 oil, share prices should be at $2.80 (269% upside). Even without higher oil prices, the share prices have been so depressed that it is trading right now at 14% free cashflow yield at current prices.
BUY
It is the poster child of the left-for-dead names for no fault of their own. They have a strong balance sheet, and lean asset base but they were beaten down because they are less focused on growth. They can generate a lot of free cashflow.
BUY
It remains a top holding for him. The company is cheaply valued relative to asset quality and balance sheet strength. He thinks it's too cheap to last and the sector will probably consolidate. He expects it to be acquired at a meaningful premium.
PAST TOP PICK
(A Top Pick Jun 20/19, Down 60%) He expects their volumes to be flat in the next two quarters, then picking up. Buy on weakness under 70 cents. It's nearly triped from the March bottom.
TOP PICK
They are $209 million on a $275 million line of credit and they are cash flow positive. They have one of the strongest balance sheets in the small to medium cap energy space. It trades at 2.1 times cash flow at $50 oil. They are keeping production flat and using cash flow to pay back debt and do share buybacks. This company could be a takeover target in the future. Yield 0% (Analysts’ price target is $1.46)
COMMENT

Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies may be difficult for companies to accept as it has provisions for up to 15% of ownership being made available in warrants to the government.

TOP PICK
It is trading at 82% of the liquidation value of the wells already on stream. They are 32% hedged at $57 oil prices. At $50 oil prices it is at 1 times debt to cash flow. This represents deep, deep value. Yield 0% (Analysts’ price target is $3.15)
TOP PICK
A new holding for them. It trades at 2.4 times cash flow with a 24% cash flow yield. A very good prospect for a potential acquisition. It needs $60 oil prices to generate that cash flow. Yield 0% (Analysts’ price target is $3.25)
PAST TOP PICK
(A Top Pick Jan 23/19, Down 18%) He still likes it. It trades about 2.5 times debt to cash flow. Their water flood project is bringing on more production. This could be a trade to buy here even for a short term bounce up.
WATCH
It is very cheap at current levels. They are involved in key Viking plays and are 62% liquids. He has a $4 target and a NAV of $1.80. He is watching, but might go with a dividend paying stock instead.
PAST TOP PICK
(A Top Pick Jan 23/19, Down 11%) Reported good numbers and still likes it. Trades at discount to its peers. Good valuation, cheap, and the company continues to grow. There's a huge disconnect between oil price and companies, so don't sell any of them.
TOP PICK
It is an oil producer. $4 is his target. Debt is not a problem. They are doing the long term things that are needed to grow the business. It is a very cheap stock. (Analysts’ price target is $3.31)
BUY
We've seen a big reversal in oil stocks in past days, including TVE, so this mean reversion trade is already underway. The 200-day moving average is $2.40. Seasonality is Sept.11-Jan 24.
DON'T BUY
Keep averaging down? Will it ever recover? The energy sector is badly mispriced and no one is buying Canadian smallcap oil stocks. You can't average down forever; someone needs to buy those shares from you.
TOP PICK
Debt is only 23% so is not one to worry about for debt. His target is $4. 64% liquids. It was at $5.20 last year and is now under $2 late last week. Buy it at under $2. There is no dividend, though. (Analysts’ price target is $4.36)
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