Tamarack Valley Energy Ltd.

Equities

TVE

CA87505Y4094

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-30 pm EDT			5-day change	1st Jan Change
3.73 ^CAD	-5.09%		-3.62%	+21.50%

Apr. 22	Tamarack Valley May Lag Peers Amid Production Disruption, RBC Capital Markets Says	MT
Apr. 16	Tamarack Valley Energy Production Outage Could Be Drag on Shares, CIBC Says	MT

Tamarack Valley Energy Ltd. announces an Equity Buyback for 54,649,379 shares, representing 9.81% of its issued share capital.

January 16, 2024 at 07:00 am EST

Tamarack Valley Energy Ltd. (TSX:TVE) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 54,649,379 common shares, representing 9.81% of the outstanding share capital. The repurchased shares will be cancelled.

The purpose of the bid is reinvestment of excess free funds flow to increase long-term total shareholder returns. The bid is valid till January 18, 2025. As of January 8, 2024, the company had 556,940,664 common shares in outstanding.

Latest news about Tamarack Valley Energy Ltd.

Tamarack Valley May Lag Peers Amid Production Disruption, RBC Capital Markets Says	Apr. 22	MT
Tamarack Valley Energy Production Outage Could Be Drag on Shares, CIBC Says	Apr. 16	MT
Tamarack Valley Energy Reports Unplanned Outage at Third-Party Gas Plant in Alberta	Apr. 16	MT
North American Morning Briefing : Powell Comments, -2-	Apr. 16	DJ
Tamarack Valley shuts Alberta output after gas plant fire	Apr. 16	RE
Tamarack Valley Energy Announces Unplanned Outage in the Nipisi Area	Apr. 15	CI
Tamarack Valley Energy Ltd. Declares Monthly Cash Dividend on its Common Shares, Payable on May 15, 2024	Apr. 15	CI
Tamarack Valley Energy Coverage Reinstated at BMO with a Market-Perform Rating and a C$4.00 Price Target	Mar. 21	MT
Tamarack Valley Energy Announces Declaration of Monthly Cash Dividend, Payable on April 15, 2024	Mar. 15	CI
RBC Capital Markets Comments On Tamarack Valley's Q4 2023 Results	Mar. 04	MT
Tamarack Valley Energy Maintained at Outperform at National Bank After Q4 Results; Price Target Kept at C$6.50	Feb. 28	MT
Transcript : Tamarack Valley Energy Ltd., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Tamarack Valley Energy's Q4 2023 EPS Rises YOY; Outlines Increase In 2023 Reserves	Feb. 28	MT
Tamarack Valley Energy Brief: Announcing YE 2023 Financial & Reserve Results, Clearwater Resource Evaluation and Provides Operational and Guidance Update Including Executive Appointment	Feb. 28	MT
Tamarack Valley Energy Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Tamarack Valley Energy Ltd. Provides Production Guidance for the Full Year 2024	Feb. 28	CI
Tamarack Valley Energy Ltd. Announces Declaration of Monthly Cash Dividend on its Common Shares, Payable on March 15, 2024	Feb. 15	CI
Tamarack Valley Energy Ltd. Appoints Ms. Shannon Joseph to the Company's Board of Directors	Feb. 01	CI
RBC Capital Markets Says Tamarack Valley Poised For Reset In 2024	Jan. 29	MT
RBC Capital Markets Details Q4 2023 Earnings Preview For Canadian Exploration And Production Companies	Jan. 22	MT
Tamarack Valley Energy Announced Monthly Dividend Declaration, NCIB Renewal and Initiation of Enhanced Shareholder Returns	Jan. 16	MT
Tamarack Valley Energy Brief: Announcing Monthly Dividend Declaration, NCIB Renewal and Initiation of Enhanced Shareholder Returns	Jan. 16	MT
Tamarack Valley Energy Ltd. announces an Equity Buyback for 54,649,379 shares, representing 9.81% of its issued share capital.	Jan. 16	CI
Tamarack Valley Energy Ltd. Declares Monthly Cash Dividend, Payable on February 15, 2024	Jan. 16	CI
Tamarack Valley Energy Ltd. authorizes a Buyback Plan.	Jan. 15	CI

Chart Tamarack Valley Energy Ltd.

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Company Profile

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its Charlie Lake oil play is located in northwestern Alberta. Its EOR portfolio includes a set of assets across Alberta representing a range of formations and production types. The Companyâs subsidiary is Tamarack Ridge Resources Inc.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Tamarack Valley Energy Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.73 CAD

Average target price

5.083 CAD

Spread / Average Target

+36.28%

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