SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (174631)8/16/2024 8:51:37 PM
From: Goose94Read Replies (1) of 201971
 
Tamarack Valley Energy (TVE-T) top pick from Eric Nuttall on BNN.ca Market Call Friday August 16th 2024

Tamarack is officially out of our dog house, having met or beat expectations for two quarters in a row. Continued deleveraging has allowed it to recently increase shareholder returns to 60 per cent increasing to 75 per cent by the end of next year. It is trading at an 18 per cent free cash flow yield at $80WTI/$3.50 NYMEX. We see the combination of share buybacks plus modest production growth leading to a re-rating from the current forward multiple of 3.3 times closer to five times = $7.00/$8.30 one/two-year price target = 72 per cent/106 per cent potential upside at $80WTI.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext