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
BUY

Recent share price is lagging compared to other names in sector.
Believes current share price is presenting buying opportunity.
Canadian energy very under priced.
Good time to buy for long term investors. 

oil / gas
WATCH

Working through debt after a 2-year acquisition binge. Looking for a return to higher shareholder capital returns. Now at 25% of free cashflow, and he's hoping for 75% by the end of this year, when it will look more interesting.

oil / gas
PAST TOP PICK
(A Top Pick Jun 03/22, Down 31%)

Active on M&A has been tough on shares.
Overhang on share count being reduced post Deltastream acquisition.
Paying down debt at high rate.
Exposure to Clearwater oil play (most economic oil play in North America).
Still 100% upside.

oil / gas
DON'T BUY

There is more interest and less risk in long life oil and large cap companies within the sector. Tamarack Valley is not a good risk reward investment.

oil / gas
TOP PICK

Multi-year bull market for oil.
Large exposure to Clearwater oil play (most profitable in North America).
Largest shareholder of company (~44 million shares).
Returning 50% of free cash flow by the end of the year.
Meaningful upside in 23/24'.
Large reserve life buildup.
$100 oil price would see 200% upside to stock.

oil / gas
TOP PICK
Very aggressive at consolidating Clearwater acreage. Company continuing to pay down debt. Expecting a $12 share price given strong oil prices.
oil / gas
TOP PICK
Very active this year in acquiring acreage in the Clearwater oil play. Expecting a rise in the share price in 2023. Expecting a large amount of cash flow being paid back to investors next year. Expecting a 5x multiple on the share price.
oil / gas
TOP PICK
It is a massive acquirer in the Clearwater play which been an overhang on the stock. Trading at a below market multiple of 2.3 times. It could privatize in two and a half years and has potential upside of 164%. He is the second largest shareholder and is still buying. Buy 12, Hold 1, Sell 0 (Analysts’ price target is $7.10)
oil / gas
PAST TOP PICK
(A Top Pick Sep 24/21, Up 100%) Recent acquisition of Deltastream a good move. Very high quality asset base with Clearwater expansion (largest landowner). Expecting company to buyback 12% of shares outstanding and pay 4% dividend yield. Wells in Clearwater play payout in 1 month. Expecting a $12 share price.
oil / gas
TOP PICK
Best acreage, in best play in North America (Clearwater). Stock trading at 44% free cash flow yield. Expecting company to buyback 12% of stock, with 4% dividend next year. Share price of $11 within the next year is possible.
oil / gas
PAST TOP PICK
(A Top Pick Jul 20/21, Up 55%) Still owns stock and is largest shareholder of the company. Company operating in the Clearwater play with large position. Market concerns that will over bid on sale of Deltastrem Exploration (neighbors in the same play). Currently trading at ~1.9x cash flow with 33% free cash flow. Expecting 75% of free cash flow to be returned next year. Believe a 5x multiple is reasonable which equates to ~$11 share price.
oil / gas
BUY
Will grow aggressively. Shifting from M&A to more organic growth. Targeting 50% of free cashflow of around 20% to go to shareholders, a very healthy buyback. Yield around 3%.
oil / gas
Showing 1 to 15 of 102 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

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, 10 stock analysts published opinions about TVE-T. 9 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?

10 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 2023-06-08, Tamarack Valley Energy (TVE-T) stock closed at a price of $3.45.