Oh this is so much fun, can you imagine the price of TVE in June when oil is $100+ and the dividend is 20 cents + a share. It really is hard to contain the excitement knowing this is just the start!
A
This is a great news day….oil down 70 cents and TVE up 2%. I don’t overthink day to day but like to look at the situation from a macro perspective and to me every indicator is pointing up. Momentum in stocks is everything and right now the trajectory is to the moon. You can get on the train or you can just sit back and watch but TVE is on an awesome tear and I don’t see this slowing down anytime soon!
A
What a day…..I sure hope a month ago when I posted people should listen to Schmidt’s presentation as it explained exactly what TVE was doing. The share price that day was $3.58, nobody has a crystal ball and I am sure there will be a lot of ups and down before the years out, but I am still betting that oil I Will be over$100 barrel and TVE will be +$10 a share! 25% in 3 weeks on the most recent purchases and the best is still to come.
M
I closed my eyes and bought in today. Don't make me regret it!!!
U
The bull case for TVE in '22
1) Very Low BE at $33
2) Incredible plays in CW and Charlie Lake
3) Significant share holder returns soon to come
Hold onto your seats, the ride up is going to be a lot of fun!
Z
Message to Eric Nuttel. Due to his large holdings of many companies he should voice very strongly against acquisitions at such high price. The acquisition price are determined based on the current oil price, production capacity of asset sold, oil reserve, etc. however once oil price goes down these acquired assets value goes down sharply and companies taking huge capital losses. If they want to acquire they should maintain acquisition reserve during higher oil price and acquire at low valuation when oil prices are very low.
Z
Today 5 year plan is disappointing. Management for their personal interest are planning to go for very very expensive acquisition to use up large part of access cash flow. With such a large surplus cash flow they should have increased the dividend, prepaid a large portion of debt and buyback instead of capital expenditure and acquisition. This trend will now happen in other energy companies as a he acquisition leads to substantial personal advantage to he senior management and directors. I hope if Eric Nuttle owns large portion of this company he should investigate and interfere. If this policy continues I will be seller of this sick before it is done on late.
Zahid Eric needs your advice ... how will he ever manage with out you?
A
This is just the start, by years end TVE will be pushing $10+ as oil pushes $100 / barrel. Every analyst out there is forecasting tight supply huge demand. The fun is just getting started!
L
Just bought 6k shares at 4.63.. lets go baby!
L
Did the stock glitch?
Y
TVE.TO reached a 52 Week high at 4.77
K
Just heard Eric Nuttall on Bloomberg, he loves TVE MEG and ARX
n
Closed past $4, congrats all, now onto $5!
Y
TVE.TO reached a 52 Week high at 4.30
S
WE GOING BIG
A
Unbelievable presentation by the CEO Brian Schmidt. I held a substantial number of shares already but just picked up another 30,000 shares today at a nice discount. I just couldn’t help myself based on the FCF distribution next year, a 12% dividend based on $55 WCS, major NCIB program, and to top it off all the senior leadership continues to buy shares. People will look back at these prices and wonder what the heck they were thinking by not buying….absolutely crazy discounted valuations that will correct themselves in time. For added bonus due to the recent additions to the major index so many companies ( funds) will be forced to buy by years end that the price will have to go up!
K
Just sold my gas stocks and bought TVE, after much research, Eric nuttall's thesis is bang on.
K
In the newspaper this morning! * Stifel analyst Cody Kwong bumped up his Tamarack Valley Energy Ltd. (TVE-T +2.94%increase ) target to $6 from $5.75, keeping a “buy” rating, while ATB Capital Markets’ Patrick O’Rourke raised his target to $5.25 from $4.75 with an “outperform” rating and National Bank’s Dan Payne moved his target to $5.50 from $5 with an “outperform” rating. The average is $5.31.
“Tamarack Valley continues to strategically and efficiently consolidate its position in the Clearwater play, this time through the acquisition of privateco, Crestwynd Exploration, for total consideration of $184.5-million,” he said. “Not only will this add 4,500 boe/d and $90-million of operating cash flow in 2022, it also increases its high quality inventory by 209 (153.7 net) locations. Further, the Company acquires these assets at an attractive valuation of 2.1x forward operating cash flow while maintaining a clean balance sheet with the deal being executed by a 50/50 share/cash split.”
1) Very Low BE at $33
2) Incredible plays in CW and Charlie Lake
3) Significant share holder returns soon to come
Hold onto your seats, the ride up is going to be a lot of fun!
https://twitter.com/ericnuttall/status/1481013296853626882?s=20
For added bonus due to the recent additions to the major index so many companies ( funds) will be forced to buy by years end that the price will have to go up!
* Stifel analyst Cody Kwong bumped up his Tamarack Valley Energy Ltd. (TVE-T +2.94%increase
) target to $6 from $5.75, keeping a “buy” rating, while ATB Capital Markets’ Patrick O’Rourke raised his target to $5.25 from $4.75 with an “outperform” rating and National Bank’s Dan Payne moved his target to $5.50 from $5 with an “outperform” rating. The average is $5.31.
“Tamarack Valley continues to strategically and efficiently consolidate its position in the Clearwater play, this time through the acquisition of privateco, Crestwynd Exploration, for total consideration of $184.5-million,” he said. “Not only will this add 4,500 boe/d and $90-million of operating cash flow in 2022, it also increases its high quality inventory by 209 (153.7 net) locations. Further, the Company acquires these assets at an attractive valuation of 2.1x forward operating cash flow while maintaining a clean balance sheet with the deal being executed by a 50/50 share/cash split.”