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Tamarack Valley Energy Ltd

Energy CA TVE

4.47CAD
0.09(2.05%)

Last update at 2024-12-23T19:44:00Z

Day Range

4.324.48
LowHigh

52 Week Range

2.674.58
LowHigh

Fundamentals

  • Previous Close 4.38
  • Market Cap2272.61M
  • Volume1026633
  • P/E Ratio11.26
  • Dividend Yield3.38%
  • EBITDA1067.24M
  • Revenue TTM1403.20M
  • Revenue Per Share TTM2.55
  • Gross Profit TTM 941.44M
  • Diluted EPS TTM0.38

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 444.69M 519.77M -398.92800M -53.40900M 59.14M
Minority interest - - - - -
Net income 345.20M 390.51M -311.38400M -39.01100M 38.31M
Selling general administrative 87.11M 44.47M 16.58M 22.15M 22.26M
Selling and marketing expenses - - - - -
Gross profit 615.12M 268.62M -9.64000M 86.55M 88.30M
Reconciled depreciation 377.68M 212.34M 120.66M 167.31M 177.58M
Ebit 523.72M 224.63M -27.40000M 60.32M 67.21M
Ebitda 901.40M 436.97M 93.26M 227.63M 244.79M
Depreciation and amortization 377.68M 212.34M 120.66M 167.31M 177.58M
Non operating income net other - - - - -
Operating income 523.72M 224.63M -27.40000M 60.32M 61.94M
Other operating expenses 937.40M 476.42M 249.47M 322.50M 337.52M
Interest expense 48.59M 21.48M 10.12M 9.45M 8.07M
Tax provision 99.49M 129.26M -87.54400M -14.39800M 20.83M
Interest income 88.81M 95.49M 16.81M 45.76M 1.12M
Net interest income -48.59300M -21.48400M -10.12400M -9.44500M -8.07200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 99.49M 129.26M -87.54400M -14.39800M 20.83M
Total revenue 1461.12M 701.05M 222.07M 382.82M 399.46M
Total operating expenses 91.40M 44.00M 17.76M 26.23M 26.36M
Cost of revenue 845.99M 432.43M 231.71M 296.27M 311.16M
Total other income expense net -79.03400M 295.14M -371.52800M -113.72900M -2.79500M
Discontinued operations - - - - -
Net income from continuing ops 345.20M 390.51M -311.38400M -39.01100M 38.31M
Net income applicable to common shares 345.20M 390.51M -311.38400M -39.01100M 38.31M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 4208.13M 4619.70M 2328.15M 1027.60M 1247.12M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 54.12M 6.84M 7.83M 0.98M 0.11M
Total liab 2033.20M 2456.46M 1067.53M 518.08M 473.34M
Total stockholder equity 2174.93M 2163.24M 1260.62M 509.52M 773.77M
Deferred long term liab - - - - -
Other current liab 30.64M 152.90M 18.74M 17.54M 7.38M
Common stock 1879.25M 1879.25M 1242.39M 876.12M 832.80M
Capital stock 1879.25M 1879.25M 1242.39M 876.12M 832.80M
Retained earnings 269.64M 258.96M -26.74200M -417.25000M -105.86600M
Other liab - 876.95M 488.63M 240.63M 223.07M
Good will - - - - -
Other assets - 0.25M 0.08M 49.68M 0.28M
Cash - -75.83900M -10.53200M -10.15400M -12.17000M
Cash and equivalents - - - - -
Total current liabilities 375.37M 642.94M 94.52M 58.93M 47.40M
Current deferred revenue - - - 6.00M -
Net debt 922.60M 1297.77M 498.50M 231.16M 217.25M
Short term debt 143.20M 269.48M 3.60M 2.48M 2.21M
Short long term debt 56.67M 200.00M - - 2.91M
Short long term debt total 922.60M 1221.93M 487.97M 221.01M 205.08M
Other stockholder equity 26.04M 25.02M 44.98M 50.64M 46.84M
Property plant equipment - 4415.39M 2240.34M 944.89M 1202.59M
Total current assets 195.16M 184.06M 87.73M 33.03M 44.26M
Long term investments - - - - -
Net tangible assets - 2163.24M 1260.62M 509.52M 773.77M
Short term investments - - - - -
Net receivables 141.04M 177.22M 79.90M 30.78M 42.22M
Long term debt 791.15M 946.09M 477.44M 210.86M 192.91M
Inventory - 75.84M 10.53M - -
Accounts payable 201.53M 220.57M 72.19M 38.90M 37.81M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - -1421.24700M -901.58900M
Additional paid in capital - - - - -
Common stock total equity - - - 876.12M 832.80M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - -3.33600M -0.70300M -0.96900M
Accumulated amortization - - - - -
Non currrent assets other -0.00000M 20.25M 0.08M - 0.28M
Deferred long term asset charges - - - - -
Non current assets total 4012.97M 4435.64M 2240.42M 994.57M 1202.86M
Capital lease obligations 12.84M 10.84M 10.53M 10.15M 12.17M
Long term debt total - 952.45M 484.37M 218.53M 202.87M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1270.55600M -581.06000M -181.56100M -202.57800M -222.21300M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -1270.55600M -581.06000M -181.56100M -202.57800M -222.21300M
Net borrowings 410.72M 224.42M 14.35M 31.53M -2.39400M
Total cash from financing activities 465.18M 283.17M 56.27M -2.65300M -14.45900M
Change to operating activities 19.91M -29.78900M 6.37M -11.04900M 12.10M
Net income 345.20M 390.51M -311.38400M -39.01100M 38.31M
Change in cash 0.00000M 0.00000M 0.00000M 0.00000M -14.45900M
Begin period cash flow 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
End period cash flow 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cash from operating activities 805.38M 297.89M 125.29M 205.23M 236.67M
Issuance of capital stock 136.90M 71.23M 45.51M 0.04M 5.44M
Depreciation 377.68M 212.34M 515.00M 259.08M 177.58M
Other cashflows from investing activities -807.53700M 20.14M 5.27M -13.54800M -3.00400M
Dividends paid 48.30M 48.30M 16.70M 48.30M -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -35.88400M -13.09900M -5.14600M -8.26000M -11.70500M
Other cashflows from financing activities 548.39M 265.93M 18.26M 30.63M -8.19300M
Change to netincome 54.91M 109.94M -91.92400M 15.90M -0.41800M
Capital expenditures 1411.90M 647.41M 103.54M 188.91M 229.10M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 19.91M -29.78900M 6.37M -11.04900M 12.10M
Stock based compensation 1.18M 5.97M 5.50M 9.69M 8.87M
Other non cash items -38.08500M -410.39000M 512.35M 260.00M 156.56M
Free cash flow -606.52300M -349.52100M 21.75M 16.32M 7.57M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
TVE
Tamarack Valley Energy Ltd
0.09 2.05% 4.47 11.26 12.33 1.62 1.08 1.79 3.21
CNQ
Canadian Natural Resources Ltd
0.51 1.20% 43.01 13.55 12.48 2.82 2.52 2.67 6.50
TOU
Tourmaline Oil Corp.
1.32 2.16% 62.57 14.42 10.96 5.30 1.64 4.12 6.49
OVV
Ovintiv Inc
0.20 0.37% 54.52 5.72 10.39 1.64 1.06 1.78 3.44
ARX
ARC Resources Ltd.
0.75 3.09% 25.06 11.94 9.67 2.92 1.91 3.07 5.55

Reports Covered

Stock Research & News

Profile

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. The company was incorporated in 2002 and is headquartered in Calgary, Canada.

Tamarack Valley Energy Ltd

Eighth Avenue Place, Calgary, AB, Canada, T2P 1G1

Key Executives

Name Title Year Born
Mr. Brian Leslie Schmidt Pres, CEO & Director 1958
Mr. Steve Buytels VP of Fin. & CFO NA
Mr. Kevin Screen Chief Operating Officer NA
Mr. Scott W. Shimek VP of Production & Operations NA
Ms. Christine Ezinga VP of Corp. Planning & Bus. Devel. NA
Ms. June-Marie Innes Director of Fin. & Sustainability NA
Ms. Lynne Patricia Chrumka VP of Exploration NA
Mr. Sanjib Singh Gill L.L.B. Corp. Sec. 1976
Mr. Ken Cruikshank VP of Land NA
Mr. David Keith Christensen VP of Engineering NA

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