TSE:TVE

Tamarack Valley Energy (TVE.TO)

13.29
-0.27 (1.99%)
as of Sep 11, 2026, 7:59:59 pm Market Open.
602 watching
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Investor Insights
star iconSep 13, 2026, 12:00 am

This summary was created by AI, based on 19 opinions in the last 12 months.

Tamarack Valley Energy (TVE) has received positive reviews from analysts, highlighting the company's strong management and effective production strategies, particularly its innovative use of water-flood technology in the Clearwater basin. Several experts commend the firm's ability to achieve rapid paybacks on well investments and predict continued production growth alongside substantial cash generation. Many analysts anticipate that the stock has significant upside potential, especially with rising oil prices. Despite some volatility expected due to its smaller market cap, TVE is viewed as a solid long-term investment with a promising outlook for future shareholder returns, including increased dividends and potential share buybacks. Overall, experts indicate that TVE is well-positioned to capitalize on the favorable dynamics of the North American oil market, making it a strong candidate for those looking to invest in the energy sector.

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Consensus
Positive
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Valuation
Fair Value
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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)
TOP PICK
We're seeing a big sector rotation into energy. TVE has a strong ESG focus as well as cash flow. (ESG is a growing movement.) They use a methof of flooding a field to enhance the sustainability quotient in drilling at oil wells. (Analysts’ price target is $1.54)
WATCH
At $45 oil, the target price would be $1.50. At current oil prices, it is trading at a 4% free cashflow yield. He believes this company will not be around for much longer. The valuation is very compelling. However, either they need to get bigger or to get out and be scaled up by someone else.
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.
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