Tamarack Valley Energy Ltd.
TVE.TO
Price:
$3.99
Market Cap:
$2.14B
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in the Clearwater assets covering an area of approximately 357 sections of land located in Alberta; Charlie Lake assets covering approximately 357 sections of land in the northwestern area of Alberta; Viking light oil play in central and southern Alberta and west central Saskatchewan; Barons Sand oil play in the Penny area of southern Alberta; and heavy oil properties. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy Ltd. in June 2010. Tamarack Valley Ene...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2008-02-13
Stock Exchange
TSX
Ticker
TVE.TO
PE Ratio
[17.35]
ROE
[5.97%]
Current Ratio
[0.90]
Dividend Yield
[3.77%]
Enterprise Value
[3.01B]
Dividend History
The ROE as of October 2024 (TTM) for Tamarack Valley Energy Ltd. (TVE.TO) is 5.97%
According to Tamarack Valley Energy Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.97%. This represents a change of 307.58% compared to the average of 1.47% of the last 4 quarters.
Tamarack Valley Energy Ltd. (TVE.TO) Historical ROE (quarterly & annually)
How has TVE.TO ROE performed in the past?
The mean historical ROE of Tamarack Valley Energy Ltd. over the last ten years is -3.08%. The current 5.97% ROE has changed -293.74% with respect to the historical average. Over the past ten years (40 quarters), TVE.TO's ROE was at its highest in in the June 2021 quarter at 20.88%. The ROE was at its lowest in in the March 2020 quarter at -48.31%.
Average
-3.08%
Median
-3.23%
Minimum
-61.11%
Maximum
30.98%
Tamarack Valley Energy Ltd. (TVE.TO) ROE by Quarter and Year
Discovering the peaks and valleys of Tamarack Valley Energy Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.11%
Maximum Annual ROE = 30.98%
Minimum Annual Increase = -362.03%
Minimum Annual ROE = -61.11%
| Year | ROE | Change |
|---|---|---|
| 2023 | 4.33% | -72.86% |
| 2022 | 15.96% | -48.49% |
| 2021 | 30.98% | -150.69% |
| 2020 | -61.11% | 1.11% |
| 2019 | -5.04% | -206.94% |
| 2018 | 4.71% | -362.03% |
| 2017 | -1.80% | -69.62% |
| 2016 | -5.92% | 26.88% |
| 2015 | -4.67% | -43.53% |
| 2014 | -8.27% | -182.62% |
Tamarack Valley Energy Ltd. (TVE.TO) Average ROE
How has TVE.TO ROE performed in the past?
The current ROE of Tamarack Valley Energy Ltd. (TVE.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
17.09%
5-year avg
-2.98%
10-year avg
-3.08%
Tamarack Valley Energy Ltd. (TVE.TO) ROE vs. Peers
How is TVE.TO’s ROE compared to its peers?
Tamarack Valley Energy Ltd.’s ROE is less than MEG Energy Corp. (12.84%), less than Cardinal Energy Ltd. (12.73%), less than Athabasca Oil Corporation (5.27%), less than Whitecap Resources Inc. (13.82%), less than NuVista Energy Ltd. (16.10%),
| Company | ROE | Market cap |
|---|---|---|
| 12.84% | $7.00B | |
| 12.73% | $1.03B | |
| 5.27% | $2.76B | |
| 13.82% | $6.18B | |
| 16.10% | $2.18B |
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