Tamarack Valley Energy Ltd (TSE:TVE)
TSX:TVE
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Tamarack Valley Energy
(TSX:TVE)
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Rating:68Neutral
Price Target:
C$12.00
▲(4.71% Upside)
Action:ReiteratedDate:02/26/26
The score is driven primarily by strong cash generation and manageable leverage, supported by a favorable technical uptrend. These positives are tempered by weaker recent profitability (TTM net loss and declining revenue) and a negative P/E, which reduce valuation support.
Positive Factors
Durable cash generation
Consistently strong operating cash flow and growing free cash flow provide durable internal funding for maintenance capex, debt reduction, and shareholder returns. Robust FCF coverage versus earnings improves resilience through commodity cycles and supports strategic optionality over months.
Negative Factors
Recent revenue decline and net loss
A falling top line and a TTM net loss reduce retained earnings and constrain reinvestment capacity. If sustained, revenue declines weaken the firm's ability to sustain capex or returns, making cash generation less reliable and amplifying downside in prolonged weak commodity environments.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable cash generation
Consistently strong operating cash flow and growing free cash flow provide durable internal funding for maintenance capex, debt reduction, and shareholder returns. Robust FCF coverage versus earnings improves resilience through commodity cycles and supports strategic optionality over months.
Read all positive factors
Tamarack Valley Energy (TVE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.56B
Dividend Yield1.91%
Average Volume (3M)1.57M
Price to Earnings (P/E)―
Beta (1Y)0.87
Revenue Growth-1.36%
EPS Growth-149.45%
CountryCA
Employees110
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.10
Shares Outstanding485,436,400
10 Day Avg. Volume2,067,914
30 Day Avg. Volume1,569,273
Financial Highlights & Ratios
PEG Ratio0.89
Price to Book (P/B)2.19
Price to Sales (P/S)2.97
P/FCF Ratio10.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.84Price Target Upside-5.44% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.23
Revenue Forecast (FY)C$1.53B
Tamarack Valley Energy Business Overview & Revenue Model
Company Description
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in the Clearwater assets covering an area of approximate...
How the Company Makes Money
TVE primarily makes money by producing and selling crude oil, natural gas, and associated natural gas liquids (NGLs). Revenue is generated when produced volumes are sold at prevailing market prices (often benchmarked to indices such as WTI for oil...
Tamarack Valley Energy Earnings Call Summary
Earnings Call Date:Jul 30, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 06, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements, including record production, successful debt reduction, and strategic acquisitions that enhance Tamarack Valley's position. Despite challenges such as oil price volatility and temporary production reductions, the overall sentiment is positive due to strong operational and financial performance.Positive Updates
Record-Breaking Production
Tamarack Valley Energy set a new corporate production record, averaging 70,260 BOEs per day in Q2 2025, with a peak of over 74,300 BOE per day in April.
Negative Updates
Impact of Oil Price Volatility
Despite performance improvements, Tamarack Valley faced an 8% drop in WTI oil prices, affecting financial results.
Read all updates
Q2-2025 Updates
Positive
Negative
Record-Breaking Production
Tamarack Valley Energy set a new corporate production record, averaging 70,260 BOEs per day in Q2 2025, with a peak of over 74,300 BOE per day in April.
Read all positive updates
Company Guidance
During the Tamarack Valley Energy Limited Q2 2025 conference call, the company announced numerous positive updates in its guidance metrics. Tamarack achieved a new corporate production record, averaging 70,260 BOE per day in Q2, with April production reaching over 74,300 BOE per day. The company's Q2 debt-adjusted production per share increased by 24% year-over-year, reflecting the compounding impact of share buybacks and organic growth. Tamarack revised its 2025 production guidance upward by 3% and reduced capital spending by 7%, indicating enhanced operational efficiency and cost improvements. The company also reported a year-on-year net debt reduction of 19% to $711 million. A strategic $51.5 million Clearwater tuck-in acquisition was completed, adding 1,100 barrels per day of heavy oil production and increasing Clearwater land holdings by 17%. Tamarack's waterflood program continues to demonstrate success, with the Clearwater growing 16% year-over-year and water injection rates reaching 20,000 barrels per day, aiming for over 30,000 barrels per day by year-end. Financially, Tamarack generated Q2 adjusted funds flow of $197 million ($0.39 per share) and free funds flow of $133 million ($0.26 per share), with share repurchases totaling 10.1 million shares year-to-date. The company's 2025 production guidance range was increased to 67,000 to 69,000 BOE per day, with capital guidance reduced to $400 million to $420 million, reflecting a 7% decrease.Tamarack Valley Energy Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
64
Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.35B | 1.74B | 1.41B | 1.46B | 701.05M |
| Gross Profit | 498.57M | 584.17M | 418.26M | 615.12M | 268.63M |
| EBITDA | 970.71M | 893.54M | 884.22M | 878.64M | 758.48M |
| Net Income | -36.35M | 162.22M | 94.20M | 345.20M | 390.51M |
Balance Sheet | |||||
| Total Assets | 3.36B | 3.99B | 4.21B | 4.62B | 2.33B |
| Cash, Cash Equivalents and Short-Term Investments | 5.44M | 7.39M | 2.22M | -75.84M | -10.53M |
| Total Debt | 680.65M | 771.89M | 839.10M | 1.22B | 487.97M |
| Total Liabilities | 1.54B | 1.87B | 2.03B | 2.46B | 1.07B |
| Stockholders Equity | 1.83B | 2.12B | 2.17B | 2.16B | 1.26B |
Cash Flow | |||||
| Free Cash Flow | 378.88M | 380.56M | 115.17M | -606.52M | -349.52M |
| Operating Cash Flow | 778.90M | 833.21M | 631.63M | 805.38M | 297.89M |
| Investing Cash Flow | -403.73M | -453.38M | -378.02M | -1.27B | -581.06M |
| Financing Cash Flow | -377.11M | -374.66M | -253.61M | 465.18M | 283.17M |
Tamarack Valley Energy Technical Analysis
Positive
11.46
Price Trends
10.15
Positive
8.94
Positive
7.23
Positive
Market Momentum
0.36
Positive
61.29
Neutral
36.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TVE, the sentiment is Positive. The current price of 11.46 is above the 20-day moving average (MA) of 11.01, above the 50-day MA of 10.15, and above the 200-day MA of 7.23, indicating a bullish trend. The MACD of 0.36 indicates Positive momentum. The RSI at 61.29 is Neutral, neither overbought nor oversold. The STOCH value of 36.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TVE.
Tamarack Valley Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$5.23B | 18.33 | 27.19% | ― | 3.04% | 115.77% | |
78 Outperform | C$5.30B | 10.89 | 15.30% | 5.77% | 11.52% | 24.76% | |
73 Outperform | C$4.08B | 2.70 | 48.07% | 2.84% | -32.36% | 282.99% | |
68 Neutral | C$5.56B | -110.02 | -1.84% | 1.91% | -1.36% | -149.45% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | C$4.54B | -1.00 | -16.22% | 2.07% | -8.89% | ― |
* Energy Sector Average
TSE:TVE
Tamarack Valley Energy
11.46
7.96
227.24%
TSE:BTE
Baytex Energy
6.14
3.87
170.13%
TSE:ATH
Athabasca Oil
10.91
6.45
144.62%
TSE:POU
Paramount Resources
28.25
12.91
84.12%
TSE:PEY
Peyto Exploration & Dev
25.89
10.89
72.59%
Tamarack Valley Energy Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Tamarack Valley Energy Posts Strong 2025 Results as Clearwater Growth, Waterflood Gains Drive Lower Costs
Positive
Feb 25, 2026
Tamarack Valley Energy reported strong fourth-quarter and full-year 2025 results, highlighted by higher production, lower operating costs and robust free funds flow despite weaker WTI prices. The company’s Clearwater assets drove a 16% year-...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.