- Tamarack Valley Energy maintains its full-year production forecast.
- Expected production remains between 61,000 to 63,000 barrels of oil equivalent per day (boe/d).
- The estimated production is approximately 62,885 boe/d.
- Company shared these updates in a slide presentation.
- Shares of Tamarack Valley Energy increased by 2.6%, reaching C$4.010.
- A total of 1.9 million shares were traded.
- Analyst recommendations include 9 buys, 1 hold, and no sells.
A look at Tamarack Valley Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have provided an optimistic long-term outlook for Tamarack Valley Energy based on their Smart Scores analysis. Tamarack Valley Energy has been rated highly in terms of both value and dividend, scoring a 4 out of 5 for each. This suggests that the company is perceived as offering good value for investors and provides a healthy dividend yield, which could attract potential shareholders looking for income and growth opportunities.
Furthermore, Tamarack Valley Energy has also received a strong score of 4 for momentum, indicating positive market sentiment and potential for future growth. However, the company scored lower in resilience and growth, with scores of 2 and 3 respectively. This may suggest some concerns about the company’s ability to weather uncertain market conditions and achieve substantial growth in the near future. Overall, Tamarack Valley Energy‘s strategic focus on exploring oil and natural gas in key Canadian basins positions it well for long-term success in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
