Latest news with #TamarackValleyEnergy
Yahoo
26-05-2025
- Business
- Yahoo
Alberta Energy Regulator penalizes Tamarack Valley Energy Ltd. for contraventions
CALGARY, AB, May 26, 2025 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has issued an administrative penalty to Tamarack Valley Energy Ltd. for contravening the Oil and Gas Conservation Rules. A copy of the decision is on the AER's Compliance Dashboard. Following an investigation by the AER, it was determined that between May 11, 2022, and August 8, 2022, at Tamarack's facilities near Jarvie, Alta., Tamarack contravened section 12.030(2) of the Oil and Gas Conservation Rules. The company failed to keep original recordings of production measurements, which are essential to verify production data and for accurate volumetric reporting. Consequently, a $25 500 administrative penalty was imposed on Tamarack. An administrative penalty is one of many compliance and enforcement tools the AER can use when companies do not comply with the regulatory requirements. For more information on the AER's investigation enforcement processes, please see the Investigations webpage on the Alberta Energy Regulator The AER provides for the safe, efficient, orderly, and environmentally responsible development of energy and mineral resources in Alberta through our regulatory activities. For more information visit Contact Email: media@ | Media line: 1-855-474-6356 Connect with AER X | LinkedIn| Facebook CONTACT: AER Media Alberta Energy Regulator 1-855-297-474-6356 media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
25-05-2025
- Business
- Business Insider
Analysts Offer Insights on Energy Companies: Tamarack Valley Energy (OtherTNEYF), Suncor Energy (SU) and Cross Timbers Royalty (CRT)
Analysts have been eager to weigh in on the Energy sector with new ratings on Tamarack Valley Energy (TNEYF – Research Report), Suncor Energy (SU – Research Report) and Cross Timbers Royalty (CRT – Research Report). Confident Investing Starts Here: Tamarack Valley Energy (TNEYF) BMO Capital analyst Jeremy Mccrea maintained a Buy rating on Tamarack Valley Energy on May 7 and set a price target of C$6.50. The company's shares closed last Friday at $3.19. According to Mccrea is a 5-star analyst with an average return of 16.3% and a 52.1% success rate. Mccrea covers the NA sector, focusing on stocks such as Headwater Exploration, Paramount Resources, and PrairieSky Royalty. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tamarack Valley Energy with a $4.09 average price target, representing a 29.4% upside. In a report issued on May 7, Raymond James also upgraded the stock to Buy with a C$5.00 price target. Suncor Energy (SU) In a report issued on May 7, Randy Ollenberger from BMO Capital maintained a Buy rating on Suncor Energy, with a price target of C$65.00. The company's shares closed last Friday at $35.71. According to Ollenberger is a 5-star analyst with an average return of 10.9% and a 54.8% success rate. Ollenberger covers the NA sector, focusing on stocks such as ARC Resources, Imperial Oil, and MEG Energy. Suncor Energy has an analyst consensus of Moderate Buy, with a price target consensus of $43.34, representing a 23.9% upside. In a report issued on April 25, National Bank also maintained a Buy rating on the stock with a C$61.00 price target.
Business Insider
13-05-2025
- Business
- Business Insider
Tamarack Valley Energy (TNEYF) Gets a Buy from RBC Capital
In a report released yesterday, Michael Harvey from RBC Capital maintained a Buy rating on Tamarack Valley Energy (TNEYF – Research Report), with a price target of C$5.50. The company's shares closed yesterday at $2.95. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Harvey is a 5-star analyst with an average return of 13.2% and a 50.51% success rate. Harvey covers the Energy sector, focusing on stocks such as Whitecap Resources, ARC Resources, and Advantage Energy. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tamarack Valley Energy with a $4.04 average price target, representing a 36.95% upside. In a report released yesterday, Desjardins also upgraded the stock to a Buy with a C$5.25 price target. The company has a one-year high of $3.50 and a one-year low of $2.30. Currently, Tamarack Valley Energy has an average volume of 59.15K. Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TNEYF in relation to earlier this year.
Yahoo
18-04-2025
- Business
- Yahoo
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0127
Tamarack Valley Energy Ltd.'s (TSE:TVE) investors are due to receive a payment of CA$0.0127 per share on 15th of May. This payment means the dividend yield will be 3.9%, which is below the average for the industry. We've discovered 2 warning signs about Tamarack Valley Energy. View them for free. If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, Tamarack Valley Energy's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business. Over the next year, EPS could expand by 39.8% if recent trends continue. If the dividend continues along recent trends, we estimate the payout ratio will be 34%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Tamarack Valley Energy The company has maintained a consistent dividend for a few years now, but we would like to see a longer track record before relying on it. The annual payment during the last 3 years was CA$0.0996 in 2022, and the most recent fiscal year payment was CA$0.153. This implies that the company grew its distributions at a yearly rate of about 15% over that duration. It is always nice to see strong dividend growth, but with such a short payment history we wouldn't be inclined to rely on it until a longer track record can be developed. Investors could be attracted to the stock based on the quality of its payment history. We are encouraged to see that Tamarack Valley Energy has grown earnings per share at 40% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have. In summary, it is good to see that the dividend is staying consistent, and we don't think there is any reason to suspect this might change over the medium term. Distributions are quite easily covered by earnings, which are also being converted to cash flows. Taking this all into consideration, this looks like it could be a good dividend opportunity. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. For example, we've identified 2 warning signs for Tamarack Valley Energy (1 shouldn't be ignored!) that you should be aware of before investing. Is Tamarack Valley Energy not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
05-03-2025
- Business
- Yahoo
We Like Tamarack Valley Energy's (TSE:TVE) Earnings For More Than Just Statutory Profit
Despite posting healthy earnings, Tamarack Valley Energy Ltd.'s (TSE:TVE ) stock has been quite weak. Our analysis suggests that there are some reasons for hope that investors should be aware of. Check out our latest analysis for Tamarack Valley Energy To properly understand Tamarack Valley Energy's profit results, we need to consider the CA$85m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect Tamarack Valley Energy to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Because unusual items detracted from Tamarack Valley Energy's earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that Tamarack Valley Energy's statutory profit actually understates its earnings potential! And the EPS is up 77% over the last twelve months. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. To help with this, we've discovered 2 warning signs (1 shouldn't be ignored!) that you ought to be aware of before buying any shares in Tamarack Valley Energy. Today we've zoomed in on a single data point to better understand the nature of Tamarack Valley Energy's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
