Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.74B | 1.41B | 1.46B | 701.05M | 222.07M | Gross Profit |
584.17M | 418.26M | 615.12M | 268.63M | -9.64M | EBIT |
0.00 | 354.96M | 523.72M | 224.63M | -27.40M | EBITDA |
877.97M | 884.22M | 878.64M | 758.48M | -265.57M | Net Income Common Stockholders |
162.22M | 94.20M | 345.20M | 390.51M | -311.38M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
7.39M | 2.22M | -75.84M | -10.53M | -10.15M | Total Assets |
3.99B | 4.21B | 4.62B | 2.33B | 1.03B | Total Debt |
771.89M | 860.65M | 1.22B | 487.97M | 221.01M | Net Debt |
764.50M | 860.65M | 1.30B | 498.50M | 231.16M | Total Liabilities |
1.87B | 2.03B | 2.46B | 1.07B | 518.08M | Stockholders Equity |
2.12B | 2.17B | 2.16B | 1.26B | 509.52M |
Cash Flow | Free Cash Flow | |||
382.31M | 115.17M | -606.52M | -349.52M | 21.75M | Operating Cash Flow |
833.21M | 631.63M | 805.38M | 297.89M | 125.29M | Investing Cash Flow |
-453.38M | -378.02M | -1.27B | -581.06M | -181.56M | Financing Cash Flow |
-374.66M | -253.61M | 465.18M | 283.17M | 56.27M |
Tamarack Valley Energy Ltd. has announced a monthly cash dividend of C$0.01275 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. This dividend declaration aligns with Tamarack’s strategy to return capital to shareholders, reinforcing its commitment to financial stability and shareholder value, while potentially impacting its market positioning positively.
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.
Tamarack Valley Energy has announced a monthly dividend of C$0.01275 per common share, payable on March 14, 2025, to shareholders of record as of February 28, 2025. This dividend aligns with the company’s strategy of returning capital to shareholders, highlighting its commitment to financial stability and enhancing shareholder value.
Tamarack Valley Energy announced its 2024 reserve evaluation results, showcasing significant operational success and strategic execution. The company reported a notable increase in reserves due to effective drilling and waterflood programs, particularly in the Clearwater and Charlie Lake plays, achieving increased intrinsic valuations and strong recycle ratios, which underscore its cost-efficient operations and market competitiveness.