Tamarack Valley Energy

TVE-T

Analysis and Opinions about TVE-T

Signal
Opinion
Expert
Chart
BUY
BUY
April 9, 2021

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

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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
TOP PICK
March 26, 2021
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)
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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)
Eric Nuttall
Price
$2.290
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 9, 2021
(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.
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(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.
Eric Nuttall
Price
$1.850
Owned
Yes
TOP PICK
TOP PICK
February 9, 2021

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)

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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)

Eric Nuttall
Price
$1.850
Owned
Yes
BUY
BUY
February 2, 2021
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.
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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
TOP PICK
December 11, 2020
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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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)
Eric Nuttall
Price
$1.390
Owned
Yes
TOP PICK
TOP PICK
December 8, 2020
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)
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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
WATCH
November 20, 2020
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.
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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.
Eric Nuttall
Price
$0.940
Owned
Yes
BUY
BUY
October 16, 2020
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.
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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.
Eric Nuttall
Price
$0.790
Owned
Yes
BUY
BUY
September 18, 2020
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.
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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.
Eric Nuttall
Price
$0.800
Owned
Yes
BUY
BUY
August 6, 2020
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.
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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.
Eric Nuttall
Price
$0.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 23, 2020
(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.
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(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
TOP PICK
June 19, 2020
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)
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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)
Eric Nuttall
Price
$0.790
Owned
Yes
COMMENT
COMMENT
May 20, 2020

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.

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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.

Josef Schachter
Price
$0.740
Owned
_N/A
TOP PICK
TOP PICK
March 6, 2020
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)
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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)
Eric Nuttall
Price
$1.280
Owned
Yes
Showing 1 to 15 of 68 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 7

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, 7 stock analysts published opinions about TVE-T. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Stockchase Insights on 2021-04-09. 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?

7 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 2021-04-23, Tamarack Valley Energy (TVE-T) stock closed at a price of $2.22.