Tamarack Valley Energy: Modern Day Warriors

Summary

  • Tamarack Valley Energy has made a number of accretive acquisitions in the hot Clearwater play that improved cash flow and have payouts of about a year.
  • Tamarack Valley has increased its dividend and plans to divert more cash toward shareholders as revenue ramps from reduced hedges and cost reductions.
  • We think Tamarack Valley stock is a bargain at current prices.
  • All cash figures are in Canadian currency unless noted.
  • Looking for more investing ideas like this one? Get them exclusively at The Daily Drilling Report. Learn More »

Rush On Stage

Let's pay a little homage to everybody's fave Canadian rock band-Rush!

Hulton Archive/Hulton Archive via Getty Images

Introduction

This is an article on a Canadian energy company, and I was really tired of putting up pictures of snowy mountains, and snowed-in drilling

This article was written by

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Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch and an energy sector specialist.

He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international energy companies, coverage from shale to deepwater drillers, technical analysis to identify catalysts, and more. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TNEYF over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This is not advice to buy or sell this stock or ETF in spite of the particular rating I am forced to select in the SA template. I am not an accountant or CPA or CFA. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing their hard-earned cash.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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