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How to buy Tamarack Valley Energy stock in Canada
Learn how to buy Tamarack Valley Energy stock in 5 easy steps.
Tamarack Valley Energy is an oil & gas e&p business based in Canada. Tamarack Valley Energy stocks (TVE.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$3.58 – an increase of 6.55% over the previous week. Tamarack Valley Energy employs 107 staff and has a trailing 12-month revenue of around C$1.2 billion.
How to buy Tamarack Valley Energy stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – TVE. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Tamarack Valley Energy?
- Has coronavirus impacted Tamarack Valley Energy shares?
- Tamarack Valley Energy shares summary
- Compare share dealing platforms
- Is Tamarack Valley Energy stock a buy or sell?
- Tamarack Valley Energy performance over time
- Are Tamarack Valley Energy shares over-valued?
- Tamarack Valley Energy's financials
- How volatile are Tamarack Valley Energy shares?
- Does Tamarack Valley Energy pay a dividend?
- Have Tamarack Valley Energy shares ever split?
- Other common questions
Tamarack Valley Energy stock price (TO:TVE)
Use our graph to track the performance of TVE stocks over time.Tamarack Valley Energy shares at a glance
Information last updated 2023-06-01.
| Latest market close | C$3.58 |
|---|---|
| 52-week range | C$3.20 - C$6.27 |
| 50-day moving average | C$3.75 |
| 200-day moving average | C$4.25 |
| Wall St. target price | C$7.37 |
| PE ratio | 5.0441 |
| Dividend yield | C$0.129 (4.46%) |
| Earnings per share (TTM) | C$0.68 |
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Is it a good time to buy Tamarack Valley Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Tamarack Valley Energy price performance over time
Historical closes compared with the close of C$3.58 from 2023-06-07
| 1 week (2023-06-01) | 4.37% |
|---|---|
| 1 month (2023-05-08) | -1.10% |
| 3 months (2023-03-08) | -12.47% |
| 6 months (2022-12-08) | -19.37% |
| 1 year (2022-06-08) | -43.71% |
|---|---|
| 2 years (2021-06-08) | 37.16% |
| 3 years (2020-06-08) | 244.23% |
| 5 years (2018-06-08) | 4.37 |
Is Tamarack Valley Energy stock undervalued or overvalued?
Valuing Tamarack Valley Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tamarack Valley Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tamarack Valley Energy financials
| Revenue TTM | C$1.2 billion |
|---|---|
| Operating margin TTM | 38% |
| Gross profit TTM | C$941.4 million |
| Return on assets TTM | 8.17% |
| Return on equity TTM | 18.2% |
| Profit margin | 25.8% |
| Book value | C$3.86 |
| Market capitalisation | C$1.9 billion |
TTM: trailing 12 months
Tamarack Valley Energy share dividends
Dividend payout ratio: 7.1% of net profits
Recently Tamarack Valley Energy has paid out, on average, around 7.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tamarack Valley Energy shareholders could enjoy a 4.46% return on their shares, in the form of dividend payments. In Tamarack Valley Energy's case, that would currently equate to about C$0.129 per share.
While Tamarack Valley Energy's payout ratio might seem low, this can signify that Tamarack Valley Energy is investing more in its future growth.
Tamarack Valley Energy's most recent dividend payout was on 14 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 29 May 2023 (the "ex-dividend date").
Have Tamarack Valley Energy's shares ever split?
Tamarack Valley Energy's shares were split on a 1:12 basis on 16 July 2012. So if you had owned 12 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Tamarack Valley Energy shares – just the quantity. However, indirectly, the new 1100% higher share price could have impacted the market appetite for Tamarack Valley Energy shares which in turn could have impacted Tamarack Valley Energy's share price.
Tamarack Valley Energy share price volatility
Over the last 12 months, Tamarack Valley Energy's shares have ranged in value from as little as C$3.1962 up to C$6.273. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Tamarack Valley Energy's is 2.7568. This would suggest that Tamarack Valley Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Tamarack Valley Energy overview
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. Tamarack Valley Energy Ltd.
Tamarack Valley Energy in the news
Tamarack Valley Energy (TSE:TVE) shareholder returns have been enviable, earning 370% in 3 years
Tamarack Valley Energy (TSE:TVE) Will Pay A Dividend Of CA$0.0125
Tamarack Valley Energy Announces Declaration of Monthly Dividend
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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