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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (57262)	6/21/2019 10:35:14 AM
From: Goose94	Read Replies (1) of 202428

Tamarack Valley Energy (TVE-T) top pick from Josef Schachter on BNN.ca Market Call Thirst-day June 20th @ 1200ET Tamarack reported first quarter production of 23,149 boe/d (64 per cent liquids). Book value at March 31, 2019 was $3.56 per share. TVE has an excellent balance sheet with only $189 million of debt versus $809 million of equity (23 per cent debt). We have a one-year stock price target $4.00 per share. BUY! Tamarack has a market cap of $430 million. In 2018 when WTI was over US$75 per barrel, TVE traded at a high of $5.20 per share. We see crude in 2020 reaching this level again.

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