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Tamarack Valley Energy Ltd (TSE:TVE)
TSX:TVE
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 20.66%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant production growth, cost efficiency, and strong shareholder returns, while maintaining financial resilience despite oil price contractions. The company demonstrated operational efficiency and maintained a strong balance sheet. However, potential challenges such as oil price fluctuations and planned turnarounds were noted. Overall, the sentiment is largely positive with a few areas of concern.Company Guidance
During the Tamarack Valley Energy Limited Q1 2025 conference call, CEO Brian Schmidt highlighted several key metrics and strategic initiatives. The company reported a production average of 67,697 BOEs per day, marking a 9% increase from Q1 2024. The Clearwater and Charlie Lake areas demonstrated significant year-over-year production growth of 15% and 9%, respectively. The company also advanced its waterflood development, increasing water injection rates to over 15,000 barrels per day, with plans to double this by the end of 2025. CFO Steve Buytels noted a 33% year-over-year rise in adjusted funds flow to $226 million and a 100% increase in free funds flow to $91 million. Operating netback improved by 13% to $47.37 per BOE, driven by reduced production expenses and cost efficiencies. Tamarack's net debt-to-EBITDA ratio fell to 0.7x, reflecting a strong balance sheet with over $400 million in undrawn credit capacity. While the 2025 guidance remains unchanged, the company anticipates full-year production to trend toward the higher end of the 65,000 to 67,000 BOE per day range, emphasizing strategic capital deployment and resilience to market volatility.Record Production Levels
Production averaged 67,697 BOEs per day, up 9% from Q1 '24. The total oil and liquids production of 57,594 BOE per day was the highest in the company's history.
Significant Year-over-Year Growth
Tamarack achieved a production growth of 15% in the Clearwater and 9% in the Charlie Lake year-over-year. Adjusted funds flow increased by 33% year-over-year.
Cost Reductions and Operational Efficiency
Operating netback increased by 13% year-over-year, driven by cost structure improvements. Production expenses were 23% lower compared to Q1 2024.
Shareholder Returns and Capital Discipline
The company returned over $246 million to shareholders in dividends and buybacks over the last 12 months. Initiated buybacks in January 2024, repurchasing approximately 9% of the 2023 year-end shares outstanding.
Strong Financial Position
Net debt-to-EBITDA fell to 0.7x on a trailing 12-month basis, with over $400 million of undrawn credit capacity.
Waterflood Program Expansion
Increased water injection rates in the Clearwater to over 15,000 barrels a day, with plans to double this by the end of 2025.
TSE:TVE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$3.63 | C$3.75 | +3.31% |
Feb 25, 2025 | C$4.48 | C$4.30 | -3.98% |
Oct 31, 2024 | C$3.82 | C$4.08 | +6.76% |
Aug 01, 2024 | C$3.99 | C$3.84 | -3.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tamarack Valley Energy Ltd (TSE:TVE) report earnings?
Tamarack Valley Energy Ltd (TSE:TVE) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Tamarack Valley Energy Ltd (TSE:TVE) earnings time?
Tamarack Valley Energy Ltd (TSE:TVE) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:TVE EPS forecast?
Currently, no data Available