Buy, Sell or Hold: Tamarack Valley Energy (TVE-T) — Stock Predictions at Stockchase

TSE:TVE

4.39

0.07 (1.57%) 1d

Showing 1 to 15 of 81 entries

PAST TOP PICK

(A Top Pick Dec 08/20, Up 288%) Likes management. Relatively low decline rates. Nice acquisitions. Sector recovery has provided a tailwind.

oil / gas

WAIT

Owns 6%. If it does not get included in TSX, it would see some selloff and he would buy there. They have good assets in Charlie Lake and Clearwater. Perfectly aligned with returning meaningful returns of capital to shareholders. Wants to clear debt. 2.7x cashflow right now.

oil / gas

BUY

Aggressive mid-cap. If oil price holds around $70-80, buy it; if it drops to $50-60, it's probably a hold. He's optimistic that oil prices will hold. You probably have 6-12 months to hold this stock. In a standoff between TVE and SU, he doesn't have a strong preference, but perhaps the nod goes to TVE. If you're right, TVE will make you more money. If you're wrong, you'll lose less with SU.

oil / gas

BUY

A major shareholder in this name. Many small caps are getting rid of banks and getting out of debt. Wants to pay down debt before returning capital. Modest dividend is coming soon. Trading at 24% free cashflow yield at $70 oil.

oil / gas

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.

oil / gas

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.

oil / gas

BUY

Excellent little company that's getting bigger by the day. Well run. Whole sector is undervalued. Stock should go significantly higher.

oil / gas

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.

oil / gas

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)

oil / gas

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.

oil / gas

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.

oil / gas

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.

oil / gas

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)

oil / gas

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

oil / gas

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)

oil / gas

Showing 1 to 15 of 81 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 14

Stockchase rating for Tamarack Valley Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Tamarack Valley Energy(TVE-T) Frequently Asked Questions

What is Tamarack Valley Energy stock symbol?

Tamarack Valley Energy is a Canadian stock, trading under the symbol TVE-T on the Toronto Stock Exchange (TVE-CT). It is usually referred to as TSX:TVE or TVE-T

Is Tamarack Valley Energy a buy or a sell?

In the last year, 14 stock analysts published opinions about TVE-T. 13 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Tamarack Valley Energy.

Is Tamarack Valley Energy a good investment or a top pick?

Tamarack Valley Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Tamarack Valley Energy.

Why is Tamarack Valley Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Tamarack Valley Energy worth watching?

14 stock analysts on Stockchase covered Tamarack Valley Energy In the last year. It is a trending stock that is worth watching.

What is Tamarack Valley Energy stock price?

On 2022-01-24, Tamarack Valley Energy (TVE-T) stock closed at a price of $4.39.

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