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Investor Insights

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

The experts have mixed views on Tamarack Valley Energy. Some believe that the company has good potential with strong assets and a rebound expected in the near future. Others express concerns about the company's high debt and recent acquisitions. There is consensus on the potential for higher returns if energy prices remain high, but opinions differ on the overall risk-reward profile of the stock.

Consensus
Mixed
Valuation
Fair Value
BUY
oil

He bought a lot of oil in 2020 when it bottomed, and oil did well through 2022. Shares have come down since, but oil and gas prices remain good, and the stocks offer good free cash flows. But sentiment is not there. The Saudis don't want oil below $70/barrel, and they run OPEC. If you believe that the Saudis will cut production to maintain that price, then oil stocks are undervalued. The large-caps have the best balance sheets and are the most stable. Mid-caps are slightly more volatile and the small-caps are very but are really cheap though don't pay dividends. TVE is the best mid-cap with great assets in the Clearwater. The knock is that they made some acquisitions which raised their debt, but this is short term. He expects a rebound this year.

oil / gas
HOLD

Higher cost, higher leveraged assets. Weak compared to others in the sector. But if we see strength in the energy sector, a name like this could perform better because the marginal increase can affect them more to the upside. Not one to own if you're only middling on energy.

oil / gas
COMMENT

Likes it and the energy space, but the malaise is down to weak oil and natural gas prices as well as the federal government being hostile to this space. TVE has grown very well in recent years. 

oil / gas
PAST TOP PICK
(A Top Pick Jan 27/23, Down 19%)

Awful. Finally hit numbers for the first time in modern history. Management's motivated to make sure execution continues. Trading at 3x $80 oil, 21% free cashflow yield, paying down debt. 68-114% potential upside at $80 oil.

oil / gas
HOLD

Suffering a hangover from an acquisition binge. Reducing debt, so less return of capital to shareholders. 2024 will be an inflection point on debt, which should allow higher ROC to shareholders, increase dividend, or buy back shares.

oil / gas
DON'T BUY

Avoid the small oil producers. This has been underperforming the market a little. Chart tops were in 2022, bottom this year. If the stock hits that top, then take a look at this. Not in seasonality now.

oil / gas
PAST TOP PICK
(A Top Pick Nov 25/22, Down 19.7%)

Recent M&A not being rewarded. Too many shares have been sold after recent acquisitions. Not worried about share overhang. Recent quarterly numbers have beaten expectations. 88% exposure to Clearwater and Charlie Lake oil plays. Debt targets being met. Currently trading at 3x cash flow given $80 oil. 5x multiple appropriate for $8 share price target. Will continue to hold. 

oil / gas
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The $123M sale of Cardium assets is not huge on TVE's $4B+ asset base, but it will reduce debt and, importantly, supports an acceleration of capital returns to shareholders (i.e. dividends and buybacks). TVE notes the sold assets were undercapitalized and it wants to focus on its Charlie Lake and Clearwater projects. The price of Delta can be debated, but it has only been a year and TVE has long term plans for the assets. 
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oil / gas
PAST TOP PICK
(A Top Pick Oct 24/22, Down 13%)

Terrible performance in stock.
Largest shareholder of company.
Will continue to buy shares.
High quality assets.
Recent acquisition negative on share priced (issued lots of shares).
Non-core Cardium assets on the market.
Trading at 28% free cash flow yield. 

oil / gas
HOLD

Questions on drill results and quality of acreage.
Has owned shares in the past.
Prefers Headwater Exploration.

oil / gas
PAST TOP PICK
(A Top Pick Sep 16/22, Down 13%)

Repeated acquisitions have made the company better, but have also created a repeated liquidation overhang on the stock. Access to two of the most economic plays in NA. Trades at 2.7x at the current oil price. Too much debt. If can divest assets, momentum should kick in.

oil / gas
HOLD

Done good job at consolidating Clearwater oil play in Alberta.
Good opportunity to average down share price.
Debt is higher than market wants.
Expecting higher energy prices going forward. 

oil / gas
BUY ON WEAKNESS

He's been adding on dips. Aggressive last year buying assets. Need to de-lever debt. Exposed to most economic plays in Canada. Catalyst-light compared to other names. Value proposition is still very good. Meaningful leverage to the price of oil. Still lots of upside, depending on the oil price.

oil / gas
PARTIAL BUY

A lot of oil stocks are just coming into that base. He'd like to see it bounce, or you can take an initial leg in. Don't commit all at once, try 2% at a time out of a 6% position. See if it bases, buy a bit on a bounce, and then wait.

oil / gas
BUY

Owns shares in company.
Excellent prospects if energy prices remain high.
High cost assets with good torque to commodity price.
Will continue to hold shares. 

oil / gas
Showing 1 to 15 of 114 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 16

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, 16 stock analysts published opinions about TVE-T. 10 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?

16 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 2024-03-01, Tamarack Valley Energy (TVE-T) stock closed at a price of $3.49.