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Tamarack Valley Energy Ltd. (TNEYF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.6231+0.0502 (+1.95%)
At close: 03:14PM EST
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  • B
    Ben
    The trend is still upward. I'll just add some more here.
  • A
    Azir
    what happened ?
  • B
    Ben
    TVE has so much runway left it's insane. I think this will have more torque than BTE but both are in the right place. $4.50 for Christmas appears to be in sight.
  • Y
    Yahoo Finance Insights
    TVE.TO reached a 52 Week high at 3.87
  • C
    Caribgonzo
    This too shall pass…
  • A
    Anonymous
    Want to know why we are about to see oil hit prices we’ve never seen before, here it is. This is why if you hold any blue chip O & G stock massive returns are going to occur in the next few years. You can not restrict developlpment of any commodity especially the #1 commodity and expect it to do anything but go up. Man governments are crazy
    https://auto.economictimes.indiatimes.com/news/oil-and-lubes/20-countries-agree-to-stop-funding-fossil-fuel-projects-abroad/87554384?utm_source=dlvr.it&utm_medium=twitter
    Several countries had already agreed to phase out fossil fuels by ending international financing for coal, but this agreement is the first of its kind..
    Several countries had already agreed to phase out fossil fuels by ending international financing for coal, but this agreement is the first of its kind..
    auto.economictimes.indiatimes.com
  • A
    Anonymous
    Holy mackerel Batman Suncor just doubled their dividend to 42 cents a quarter and just announced a shareholder repurchase of up to 7% which is the maximum allowed. Surpassed earning expectations by 5%!!!Boys the party is just starting and I like it a lot!
    BTE, TVE, CVE, CJ they are all in the same boat …..that was only at $60 to $70 a barrel can you imagine what ya going to be like when these companies get their numbers at $80+++ a quarter!!!
    I LOVE MY OIL 😂 😂 😂
  • U
    UnluckyGilmore
    Q3 report has been released. Initiating dividend Jan 22. Small base dividend to start with (I est. 3.3% based on today's price.) Debt will be aggressively paid down and afterwards Dividend increase and special dividends.
  • w
    wisdomnotinfo
    Yahoo shows cash position as N/A. Anyone know the actual number?
  • K
    Karen
    In the Globe and Mail today!
    * In response to its “solid” financial results and a return of its capital framework, including a monthly base dividend of 0.83 cents, Desjardins’ Chris MacCulloch bumped up his Tamarack Valley Energy Ltd. (TVE-T) target to $5.50 from $5 with a “buy” rating. The average is $5.06.

    “There is no question that equity markets are placing a greater emphasis on shareholder returns than ever before. From our perspective, [Wednesday’s] announcement was a critical step toward TVE’s ability to compete for capital vs its larger peers,” he said.
  • K
    Karen
    In the Globe and Mail today!
    Tamarack Valley Energy Ltd. (TVE-T -1.38%decrease
    ) new framework for capital allocation is likely to overshadow stronger-than-anticipated third-quarter results, according to Raymond James analyst Jeremy McCrea, who thinks the new strategy will make it “an attractive total-return story to a broader base of investors going forward for many years.”

    “TVE has initiated a base monthly dividend immediately (2.8-per-cent yield) with plans to return 50 per cnet of FCF each year via additional special dividends or buybacks longer-term,” he said. “Recall when we’ve seen other E&Ps announce inaugural dividends, the share price has generally had a strong reaction. This cascading event may also push TVE’s market-cap into consideration for the TSX Composite Index this quarter — leading to further upside. Overall, we continue to view Tamarack as one of the more exciting mid-cap stories in our coverage, with a balanced emphasis on cash returns and highly profitable growth projects in some top plays in Canada.”

    Keeping a “strong buy” recommendation, Mr. McCrea raised his target to $5.75 from $5.50. The average target on the Street is $4.93.
  • C
    Catennacio
    Greate ER with Dividend news. Stock will rocket tomorrow!
  • V
    V
    just don't get it. this should be at least $5...
  • A
    Anonymous
    I watched this presentation by their CEO Schmidt and was completely sold. I really liked TVE before, held a pretty sizeable amount, but the next day I picked up an additional 30,000 shares. It’s amazing in my 35 years of investing I would have many sleepless nights, but the past 6 months I have slept like a baby as I know my holdings are rock solid. The O & G sector in Canada is about to explode as earning reports, dividend announcements, and share buybacks, are all forthcoming!! Get ready to PARTY!!!
    https://twitter.com/garquake/status/1450860796334981123?s=20
  • Y
    Yahoo Finance Insights
    TVE.TO reached a 52 Week high at 3.91
  • Y
    Yahoo Finance Insights
    TVE.TO reached a 52 Week high at 3.79
  • D
    DYK
    I can't believe the people that are selling. They are giving their shares away at these prices. From all that I have read, oil may go down but since it cannot be replaced overnight, it will relentlessly stairstep up for the foreseeable future. Since oil companies are so undervalued, privatizing will probably be the next logical step.
  • W
    Wild
    Time to get out of oil? Time to get out of everything?
  • A
    Anonymous
    Man this is so much FUN!!! Can’t wait till earnings!!!
  • J
    Jeff
    Buy backs !