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

TSE:TVE

4.36

0.21 (5.06%) 1d

Showing 1 to 15 of 86 entries

TOP PICK

Company has high exposure to Clearwater oil play, with very fast well payouts (return on investment). Trading at 2.4x cash flow with a 27% free cash flow yield. Committed to returning 50% of cash flow back to shareholders (expecting 75% soon). Thinks that a 5x multiple appreciation on share price is reasonable (100% upside).

oil / gas

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Posted an EPS of $0.06 and production was up 73%. The company closed the quarter with $556M in net debt. Dividends should increase to $0.01 a month as of June once the acquisition of Rolling Hils closes. They are also planning for a special dividend or further buybacks in Q3. Debt is high but interest coverage is high at these oil prices. A solid quarter. Unlock Premium - Try 5i Free

oil / gas

HOLD

Team has done a good job of building and repositioning the company. Started a dividend, paying down debt. More free cash will let them grow the business, do tuck-in acquisitions, and increase shareholder returns such as a special dividend.

oil / gas

PAST TOP PICK

(A Top Pick Mar 26/21, Up 131%) Very good job at entering into new opportunities (Clearwater oil play). Payouts on new wells within 6 months. Divided will increase with reduction in debt. Currently trading at ~1.7 cash flow and 37% free cash flow yield($100 oil). Energy ignorance creating mis-priced opportunities.

oil / gas

PAST TOP PICK

(A Top Pick Feb 09/21, Up 145%) Believes company has more room to grow. Phenomenal job of re-positioning portfolio into best oil plays in North America. Company trading at 2.7x ($80 oil) and 2x ($100 oil). Fair value of company is $8 per share ($80 oil) + $10 per share ($100 oil). Committed to paying out a dividend in next month. Will continue to hold.

oil / gas

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

Showing 1 to 15 of 86 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

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, 13 stock analysts published opinions about TVE-T. 11 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?

13 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 2022-06-24, Tamarack Valley Energy (TVE-T) stock closed at a price of $4.36.

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