Tamarack Valley Energy (TVE) Stock Overview
Engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
TVE Community Fair Values
Create NarrativeSee what 53 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Tamarack Valley Energy Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$12.21 |
| 52 Week High | CA$13.22 |
| 52 Week Low | CA$3.83 |
| Beta | 0.97 |
| 1 Month Change | 5.71% |
| 3 Month Change | 27.32% |
| 1 Year Change | 217.14% |
| 3 Year Change | 265.57% |
| 5 Year Change | 400.41% |
| Change since IPO | 154.37% |
Recent News & Updates
Recent updates
Narrative Update • Feb 17
TVE: Share Buyback And Margin Assumptions Will Likely Prove Overly Optimistic
Analysts have lifted their price target on Tamarack Valley Energy from CA$5.25 to CA$8.50, citing updated assumptions for discount rates, revenue trends, profit margins, and a lower future P/E estimate. What's in the News Tamarack Valley Energy announced a normal course issuer bid to repurchase up to 47,744,705 common shares, equal to 9.80% of its 477,447,058 outstanding shares as of January 5, 2026, with all repurchased shares to be cancelled and the program running through January 18, 2027 (Key Developments).Analysis Article • Feb 07
Even With A 27% Surge, Cautious Investors Are Not Rewarding Tamarack Valley Energy Ltd.'s (TSE:TVE) Performance Completely
Tamarack Valley Energy Ltd. ( TSE:TVE ) shares have continued their recent momentum with a 27% gain in the last month...
Narrative Update • Feb 03
TVE: Higher Margins And Share Buybacks Will Drive Future Upside
The analyst price target for Tamarack Valley Energy has moved modestly higher to $11.00, with analysts pointing to slightly stronger modeled revenue growth, a higher profit margin outlook, and a marginally lower future P/E assumption as the key drivers of this adjustment. What's in the News Tamarack Valley Energy Ltd.Narrative Update • Jan 19
TVE: Higher Margin Outlook And Buybacks Will Drive Future Upside
Analysts have lifted their price targets on Tamarack Valley Energy to a range of C$6.75 to C$9, and the updated fair value estimate of $10.85, up from $7.47, reflects their focus on a much higher modeled profit margin and a lower assumed future P/E multiple. Analyst Commentary Recent Street research on Tamarack Valley Energy shows a cluster of higher price targets, with several bullish analysts marking their views to a C$6.75 to C$9 range.
Narrative Update • Jan 05
TVE: Higher Cash Returns Will Support Future Upside As Production Guidance Rises
Analysts have lifted their price targets on Tamarack Valley Energy into a C$6.75 to C$9 range. The updated target reflects this higher band, and their commentary highlights valuation considerations and recent moves in crude prices.Narrative Update • Dec 17
TVE: Rising Cash Returns Will Drive Future Upside Despite Margin Pressure
The analyst price target for Tamarack Valley Energy has been raised by approximately C$1.08 per share, as analysts point to stronger revenue growth expectations and modestly higher valuation multiples despite slightly lower projected profit margins. Analyst Commentary Analysts have recently updated their views on Tamarack Valley Energy, with several increasing their price targets while a few turn more cautious on near term performance.Narrative Update • Dec 02
TVE: Cash Returns And Steady Production Will Balance Risks And Opportunities Ahead
The analyst price target for Tamarack Valley Energy has increased by C$0.28 to reflect recent upward revisions from analysts, who cited improved financial forecasts and a continued positive outlook on the company's performance. Analyst Commentary Recent research updates for Tamarack Valley Energy reflect a blend of optimism and caution among market analysts.Analysis Article • Nov 29
Market Might Still Lack Some Conviction On Tamarack Valley Energy Ltd. (TSE:TVE) Even After 26% Share Price Boost
Tamarack Valley Energy Ltd. ( TSE:TVE ) shares have continued their recent momentum with a 26% gain in the last month...Narrative Update • Nov 18
TVE: Stronger Cash Returns Will Drive Momentum Into 2025
Analysts have raised their average price target for Tamarack Valley Energy from C$7.73 to C$7.83. They cite a series of target increases driven by confidence in the company’s outlook and operational performance.Analysis Article • Nov 18
Tamarack Valley Energy (TSE:TVE) Has Announced That It Will Be Increasing Its Dividend To CA$0.0133
The board of Tamarack Valley Energy Ltd. ( TSE:TVE ) has announced that it will be paying its dividend of CA$0.0133 on...Narrative Update • Nov 02
TVE: Heavy Oil Production Gains And Share Buybacks Will Drive Outperformance Ahead
Tamarack Valley Energy's average analyst price target has increased from C$7.38 to C$7.73. Analysts cite improved outlook and strong performance metrics for the upward revision.Analysis Article • Oct 30
Tamarack Valley Energy's (TSE:TVE) Dividend Will Be CA$0.0127
Tamarack Valley Energy Ltd.'s ( TSE:TVE ) investors are due to receive a payment of CA$0.0127 per share on 14th of...Narrative Update • Oct 17
Waterflooding In Clearwater And Charlie Lake Will Secure Operational Stability
Tamarack Valley Energy's analyst price target has increased from C$7.08 to C$7.38 as analysts cite improving company fundamentals and a series of upward revisions across the sector. Analyst Commentary Analysts have recently provided updated perspectives on Tamarack Valley Energy following a series of price target increases, signaling shifts in market expectations and sentiment.Narrative Update • Sep 19
Waterflooding In Clearwater And Charlie Lake Will Secure Operational Stability
Analysts have raised Tamarack Valley Energy’s price target to CA$7.08, citing stronger operational performance, rising oil prices, solid cost control, and improved financial flexibility, despite a slight increase in valuation multiples. Analyst Commentary Bullish analysts have increased price targets due to stronger-than-expected operational performance and improved production outlook.Analysis Article • Sep 18
Tamarack Valley Energy (TSE:TVE) Has Affirmed Its Dividend Of CA$0.0127
Tamarack Valley Energy Ltd.'s ( TSE:TVE ) investors are due to receive a payment of CA$0.0127 per share on 15th of...Analysis Article • Sep 06
Tamarack Valley Energy Ltd.'s (TSE:TVE) Price Is Right But Growth Is Lacking
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 17x, you may consider...Analysis Article • Jul 18
Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd.'s ( TSE:TVE ) investors are due to receive a payment of CA$0.0127 per share on 15th of...Analysis Article • Jun 23
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd. ( TSE:TVE ) will pay a dividend of CA$0.0127 on the 15th of July. Including this payment...Analysis Article • Mar 20
Tamarack Valley Energy (TSE:TVE) Has Announced A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd. ( TSE:TVE ) has announced that it will pay a dividend of CA$0.0127 per share on the 15th of...Analysis Article • Feb 17
Tamarack Valley Energy (TSE:TVE) Is Due To Pay A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd. ( TSE:TVE ) will pay a dividend of CA$0.0127 on the 14th of March. This means the annual...
New Narrative • Feb 09
Efficient Drilling In Clearwater May Reduce Costs, But High Debt Could Impact Future Earnings
Enhanced production in Clearwater boosts revenue potential, with efficient drilling and waterflood efforts reducing costs and improving long-term earnings.Analysis Article • Jan 22
Tamarack Valley Energy (TSE:TVE) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Dec 20
Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd. ( TSE:TVE ) will pay a dividend of CA$0.0127 on the 15th of January. This payment means the...Analysis Article • Nov 08
We Think Tamarack Valley Energy's (TSE:TVE) Healthy Earnings Might Be Conservative
Tamarack Valley Energy Ltd. ( TSE:TVE ) announced a healthy earnings result recently, and the market rewarded it with a...Shareholder Returns
| TVE | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -4.2% | -2.7% | 1.0% |
| 1Y | 217.1% | 50.0% | 34.0% |
Return vs Industry: TVE exceeded the Canadian Oil and Gas industry which returned 54.9% over the past year.
Return vs Market: TVE exceeded the Canadian Market which returned 34.5% over the past year.
Price Volatility
| TVE volatility | |
|---|---|
| TVE Average Weekly Movement | 5.9% |
| Oil and Gas Industry Average Movement | 9.3% |
| Market Average Movement | 10.3% |
| 10% most volatile stocks in CA Market | 17.8% |
| 10% least volatile stocks in CA Market | 4.0% |
Stable Share Price: TVE has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: TVE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 106 | Aakaikkitstakii Schmidt | www.tamarackvalley.ca |
Tamarack Valley Energy Ltd. engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. The company's oil and natural gas properties are the Clearwater and Charlie Lake assets located in the province of Alberta, Canada. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd.
Tamarack Valley Energy Ltd. Fundamentals Summary
| TVE fundamental statistics | |
|---|---|
| Market cap | CA$5.78b |
| Earnings (TTM) | -CA$94.96m |
| Revenue (TTM) | CA$1.36b |
4.3x
P/S Ratio-61.5x
P/E RatioIs TVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TVE income statement (TTM) | |
|---|---|
| Revenue | CA$1.36b |
| Cost of Revenue | CA$314.77m |
| Gross Profit | CA$1.05b |
| Other Expenses | CA$1.14b |
| Earnings | -CA$94.96m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 28, 2026
| Earnings per share (EPS) | -0.20 |
| Gross Margin | 76.89% |
| Net Profit Margin | -6.97% |
| Debt/Equity Ratio | 38.5% |
How did TVE perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield-81%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 12:58 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tamarack Valley Energy Ltd. is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Patrick O'Rourke | ATB Cormark |
| Garett Ursu | ATB Cormark Historical (Cormark Securities) |