TVE:TSX-Tamarack Valley Energy Ltd (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 4.50

Change

-0.32 (-6.64)%

Market Cap

CAD 2.13B

Volume

3.57M

Avg Analyst Target

CAD 6.65 (+47.69%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


TVE Stock Forecast & Price:
Based on the Tamarack Valley Energy Ltd stock forecasts from 9 analysts, the average analyst target price for Tamarack Valley Energy Ltd is CAD 6.65 over the next 12 months. Tamarack Valley Energy Ltd’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Tamarack Valley Energy Ltd is Neutral, which is based on 5 positive signals and 5 negative signals. At the last closing, Tamarack Valley Energy Ltd’s stock price was CAD 4.50. Tamarack Valley Energy Ltd’s stock price has changed by -1.75% over the past week, -12.62% over the past month and +75.78% over the last year.

About Tamarack Valley Energy Ltd (TVE:CA:TSX)

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 approximately 357 sections of land located i ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-06-29 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNQ:CA Canadian Natural Resources Ltd

-1.68 (-2.34%)

CAD80.98B 8.85 5.14
CNU:CA CNOOC Limited

N/A

CAD58.77B 5.65 0.75
TOU:CA Tourmaline Oil Corp.

-3.06 (-4.27%)

CAD23.99B 11.30 6.95
OVV:CA Ovintiv Inc

-3.67 (-5.86%)

CAD16.17B 15.09 9.79
ARX:CA ARC Resources Ltd.

-0.76 (-4.37%)

CAD11.85B 23.00 6.44
WCP:CA Whitecap Resources Inc.

-0.63 (-6.46%)

CAD6.08B 2.41 1.88
CPG:CA Crescent Point Energy Corp.

-0.77 (-7.59%)

CAD5.81B 1.66 1.46
MEG:CA MEG Energy Corp

-1.08 (-5.62%)

CAD5.75B 8.87 5.65
ERF:CA Enerplus Corporation

-0.95 (-5.05%)

CAD4.65B 14.05 7.64
POU:CA Paramount Resources Ltd.

-1.36 (-4.14%)

CAD4.62B 12.88 8.37

ETFs Containing TVE:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 16.88% 25% F 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.88% 25% F 94% A
Trailing 12 Months  
Capital Gain 75.10% 50% F 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 75.10% 48% F 98% A+
Trailing 5 Years  
Capital Gain 101.79% 76% C 89% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 101.79% 74% C 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 52.91% 54% F 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 52.91% 50% F 95% A
Risk Return Profile  
Volatility (Standard Deviation) 124.20% 44% F 5% F
Risk Adjusted Return 42.60% 52% F 54% F
Market Capitalization 2.13B 71% C- 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4.66 55% F 82% B-
Price/Book Ratio 1.62 44% F 44% F
Price / Cash Flow Ratio 7.16 43% F 44% F
EV/EBITDA 3.34 60% D- 83% B
Management Effectiveness  
Return on Equity 42.31% 65% D 94% A
Return on Invested Capital 38.83% 70% C- 95% A
Return on Assets 19.08% 84% B 97% A+
Debt to Equity Ratio 37.87% 40% F 58% F
Technical Ratios  
Dividend Yield 2.45% 22% F 28% F
Short Ratio 1.22 70% C- 69% D+
Short Percent 0.13% 80% B- 73% C
Beta 2.95 33% F 4% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.