Tamarack Valley Energy Ltd.

Tamarack Valley Energy Ltd.

14.67
CAD
-0.08
(-0.54%)
0.73EPS
16.82P/E
5.88BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.09
2
1.17
0.95
1.26
1.75
1.7
1
1.98
3.18
3.1
3.21
3.29
3.81
Basic EPS, GAAP
0.44
-0.4
-0.19
-0.23
-0.06
0.17
-0.17
-1.4
1.1
0.75
0.17
0.3
-0.07
0.74
Free Cash Flow per Basic Share
-0.75
-4.01
-0.65
-0.66
-0.73
0.03
0.07
-0.35
-0.99
-1.31
0.18
0.7
0.57
0.94
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.12
0.15
0.15
0.15
0.16
Book Value per Share
3.21
3.91
3.71
3.42
3.39
3.59
3.47
1.94
3.1
3.89
3.91
4.06
3.76
3.92
Tangible Book Value per Share
3.21
3.91
3.71
3.42
3.39
3.59
3.47
1.94
3.1
3.89
3.91
4.06
3.76
3.92
Basic Weighted Avg Shares
33
63
91
122
225
228
225
223
354
460
557
543
501
489
Sales/Revenue/Turnover
70
126
106
116
285
399
383
222
701
1,462
1,724
1,742
1,650
1,864
Operating Margin (%)
22.88
18.41
-13.85
-13.32
1.08
15.51
15.76
-12.34
32.04
35.82
20.59
25.69
26.28
33.67
Depreciation Expense
25
48
60
65
149
178
167
121
212
378
631
588
531
482
Net Income, GAAP
15
-25
-17
-28
-14
38
-39
-311
391
345
94
162
-36
359
Effective Tax Rate (%)
11.28
- -
- -
- -
- -
35.22
- -
- -
24.87
22.37
33.36
22.5
- -
24.17
Profit Margin (%)
21.14
-19.98
-16.33
-24.09
-4.89
9.59
-10.19
-140.22
55.7
23.61
5.46
9.31
-2.2
19.29
Working Capital
-85
-21
-3
-18
-15
- -
-3
-26
-7
-459
-178
-60
-19
380
LT Debt
- -
100
83
45
164
161
203
219
484
930
772
738
688
327
Total Equity
148
304
371
470
774
813
774
510
1,261
2,163
2,175
2,122
1,825
1,864
Return on Invested Capital (%)
12.09
- -
- -
- -
- -
3.93
- -
- -
37.29
15.83
4.65
9.43
- -
17.76
Return on Capital (%)
9.58
- -
- -
- -
- -
4.55
- -
- -
32.81
14.87
4.91
7.55
- -
16.04
Return on Common Equity (%)
12.74
-11.13
-5.13
-6.62
-2.24
4.83
-4.92
-48.53
44.12
20.16
4.34
7.55
-1.84
18.09

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
21
13
LT Borrowings
683
660
322
LT Finance Leases
5
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
486
482
475
Market Capitalization
3,876
5,539
5,876

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
165
234
674
Cash, Cash Equivalents & STI
5
12
508
Accounts Receivable, Net
109
181
135
Inventories
- -
- -
- -
Total Current Liabilities
184
337
293
Payables & Accruals
145
175
204
ST Debt
9
21
13
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.05%
40.63%
-13.99%
Free Cash Flow
14.71%
114.75%
-25.46%
Net Income, GAAP
-22.81%
-71.98%
-122.41%
Sales/Revenue/Turnover
48.74%
67.59%
-5.23%
Total Cash Common Dividend
- -
- -
-5.47%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
401
469
441
430
1,742
2025
447
424
- -
373
1,650
2026
447
619
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.17
0.17
0.01
0.3
2025
0.12
0.17
- -
0.13
-0.07
2026
0.01
0.43
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.04
0.04
0.15
2025
0.04
0.04
- -
0.04
0.15
2026
0.04
0.04
- -
- -
- -

Company Description

CEO
Brian L. Schmidt
Full Time Employees
251
Sector
Energy minerals
Industry
Integrated oil
Address
Eighth Avenue Place Calgary AB Canada T2P 1G1
IPO Date
Jun 13, 2002
Business
Tamarack Valley Energy Ltd. (TVE.TO) is a Calgary-based oil and gas exploration and production company focused on the Western Canadian Sedimentary Basin; it develops, produces, and sells crude oil, natural gas, and natural gas liquids from its core Clearwater heavy oil assets at Nipisi, Marten Hills, South Clearwater, and Figure Lake; Charlie Lake light oil assets at Valhalla, Wembley, and Pipestone; and a diversified portfolio of enhanced oil recovery projects across Alberta formations. Founded in 2002 and formerly known as Tango Energy Inc. until its name change in June 2010, the company operates primarily in northern Alberta with an inventory of low-risk drilling locations offering paybacks under 1.5 years and long-life reserves; it targets repeatable resource plays to generate free funds flow, emphasizing responsible operations, environmental stewardship, and shareholder returns through monthly dividends and share buybacks. Recent developments include the July 2025 acquisition of a private company for $51.5 million, adding 1,100 boe/d of Clearwater production and 114 net sections of mineral rights near core holdings for enhanced synergies; divestitures of non-core eastern Alberta and Cardium assets to streamline into a pure-play Clearwater and Charlie Lake producer; issuances of sustainability-linked notes totaling over $425 million, including $325 million five-year notes due 2030 and partial redemption of prior debt; a 2026 corporate budget with de-risked exploration in the Pelican area targeting Wabiskaw and Clearwater zones; and ongoing waterflood expansions driving record Clearwater production averaging 47,751 boe/d in Q3 2025, up 11% year-over-year, with corporate guidance of 67,000-69,000 boe/d.

Company News

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