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Tamarack Valley Energy ( (TSE:TVE) ) has provided an update.
Tamarack Valley Energy reported record financial results for 2024, achieving an adjusted funds flow of $851 million and exceeding production expectations with 64,331 boe/d. The company enhanced shareholder returns through dividends, share buybacks, and debt reduction, while improving operational efficiencies and cost structures. Tamarack’s strategic focus on its core areas led to significant production growth and improved heavy oil margins, positioning the company strongly within the industry.
More about Tamarack Valley Energy
Tamarack Valley Energy Ltd. is a company in the energy sector focused on oil and gas production. It primarily operates in the Clearwater and Charlie Lake plays, emphasizing production growth and cost efficiency.
YTD Price Performance: -4.82%
Average Trading Volume: 56,535
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.66B
For a thorough assessment of TVE stock, go to TipRanks’ Stock Analysis page.