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Investor Insights

This summary was created by AI, based on 15 opinions in the last 12 months.

Tamarack Valley Energy (TVE) has garnered a generally positive outlook among experts despite some challenges faced in the past due to aggressive acquisitions. Analysts highlight its strong cash flow metrics, with current yields around 18% and forward yields at 20%, indicating solid financial performance. The company is primarily involved in the Clearwater oil play, benefitting from favorable oil prices and an operational efficiency that sees payback periods of just 10-11 months on new wells. Additional positives include a consistent dividend yield of around 3.4% to 4% and a share buyback program, enhancing shareholder returns. However, there is a cautious note about the dependence on fluctuating oil prices, which can impact valuations and performance in the near term.

Consensus
Positive
Valuation
Undervalued
STRONG BUY

He's been adding; he remains a top shareholder in this. He likes that most of their production is exposed to the Clearwater. Super economical: their payback period on a well is 10-11 months. All companies benefit from a weak loonie, because they sell in USD and bring back that money to Canada. They trade at 3.3x cash flow this year, 2.8x next. Their cash flow yield now is 18% and 20% forward. Pays under a 4% dividend, plus buybacks. He targets $7 in a year at $70 oil.

DON'T BUY
WCP vs. TVE vs. VRN -- looking for best total return from capital appreciation plus dividends.

If you assume oil prices go up, and assume they all execute well, which is the buy right now? He likes the upfront dividend. VRN is cheapest on price and financial metrics. Production outlook posted a few days ago is quite positive.

Not sure if the easiest thesis is to buy energy right now with Trump trying to attack the price of oil. But within the group, VRN is a name that works pretty well.

BUY

Cheap PE. Likes it. Nothing wrong with TVE, but these stocks are tied to the oil price. Is well run. They hold long-life reserves. The oil prices has more upside than down.

TOP PICK

Energy stocks have been sideways this year, but TVE is pushing higher. It pays a 3.5% dividend yield. For the past 2 years, natural gas has gone sideways, but in recent weeks, it has broken to the upside. This is exciting, showing a change in trend.

(Analysts’ price target is $5.80)
TOP PICK

Hit or exceeded numbers for 3 quarters in a row. People have come back to the story. 20 years of stay-flat inventory in the Clearwater, a massively economic play. Benefit of incremental FCF lowering the decline rate. Shareholders likely to get 60% of FCF for the next several years as it pays down debt. 

Mid-cap, but doing very well. Deep value. Still believes in $80 oil one day, which would translate to 17% FCF yield, and that's where the juice of the mid-cap shines. Yield is 3.4%.

(Analysts’ price target is $5.50)
TOP PICK

Company has hit guidance targets 3 quarters in a row - out of the penalty box as a result. Pure play on Clearwater/Charlie Lake oil plays. Wells are paying our multiple times in ~2 years. Very economic oil metrics. Trading at a steep discount to NAV and cash flow multiples. Would recommend buying at this price. Management buying stock aggressively. 

TOP PICK

He's stuck with it through some real pain. Hit its numbers for 2 quarters in a row, exceeding expectations. Beat on higher production and lower capex. At least 20 years of high-quality, stay-flat inventory. 60% of free cashflow to shareholders, meaningful buybacks. 18% free cashflow yield, 1/2 in buybacks and 1/2 as dividend. Yield is 3.74%.

Sees $8.32 one year out, 71-104% potential upside 2 years out.

(Analysts’ price target is $5.39)
WATCH

Has its ups and downs, can be more volatile, so the dividend can help. These small caps are quite dependent on the energy price. Nice run earlier this year; now just bouncing between $3.50 and $4.25, looking for direction.

BUY

Suffered from poor performance due to being aggressive acquirer, a lot of stock was issued and had to be absorbed. 

He continues to hold with a 7-7.5% weight. Quality assets, though may have overpaid, but that's in the past. Deleveraging so that more free cash can be returned to shareholders; investors get half of it right now, goal is 75%. Well over 10 years of inventory. 10% free cashflow yield is reasonable. Ticks all the boxes.

TOP PICK

It trades around 3x cash flow and a double-digit free cash flow yield, and pays over a 4% dividend yield. He see 50-80% upside. They operate in the Clearwater oil play and another high-return oil project. They just started buying back shares which should increase as they lower debt. You get paid to wait.

(Analysts’ price target is $5.23)
BUY ON WEAKNESS

Deeply out of favour. Active doing M&A, created an overhang. Timing and quality of assets purchased was very good.

Can't find any negative comments on its assets. May have overpaid slightly for its most recent purchase, but very high quality. Hit numbers for 2 quarters in a row, so his confidence in execution is increasing. 20% free cashflow yield. Needs to pay down debt, and then 75% of free cashflow can return to shareholders. He trimmed recently, from a 10% position to 6.5%. Implied price target is almost $7. Share price is getting increasingly attractive.

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

EPS of ($0.06) missed estimates of $0.0763 and revenues were $393.34M. Adjusted Funds Flow was $181.6M, a 15% year-over-year increase, which was directed to dividends, and reinforcing its balance sheet. TVE purchased 7.6M in shares during the quarter, 1.4% of outstanding shares for $25.6M. Production volume was in line with guidance, and management called for an average annual production of 61,000 to 63,000 boe/d in 2024 with a capital budget of $390M to $440M. A big piece of its loss per share in the quarter is due to an unrealized loss in its commodity related hedging contract. The stock closed the day in the green, and we are not overly concerned by this quarter. It continues to offer a high dividend yield, and repurchase shares. 
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COMMENT

They've been aggressive acquiring inventory, perhaps overpaying for a few, but that's now in the past, and they won't be buying more in the near future. They have more than enough drilling inventory, so now they must prove to markets the merits of what they bought and that they've taken care of all their overhangs. He projects 19% forward free cash flow yield--compelling. It's been a frustrating stock, though. Past laggards should perform well this year.

PAST TOP PICK
(A Top Pick Feb 24/23, Down 4%)

A large disappointment due to their acquisitions, which haven't paid off yet. There are no more overhangs, though, so this could rerate higher. He target $6.80 or 73% upside. Are a prime target to merge to gain scale and attract large investors.

BUY

Oil should stay in the $80 range or higher. TVE had issued shares for its acquisitions but is now buying back shares and paying down debt. He owns and is buying. Headwater is the number one position in the Clearwater area.

Showing 1 to 15 of 130 entries

Tamarack Valley Energy(TVE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 9

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, 9 stock analysts published opinions about TVE-T. 7 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?

9 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 2025-03-14, Tamarack Valley Energy (TVE-T) stock closed at a price of $4.09.