What’s Next for Tamarack-Valley-Energy-Ltd After Today’s Huge Increase?


 What's Next for Tamarack Valley Energy Ltd After Today's Huge Increase?

The stock of Tamarack-Valley-Energy-Ltd (TSE:TVE) is a huge mover today! About 193,166 shares traded hands. Tamarack-Valley-Energy-Ltd (TSE:TVE) has risen 2.17% since March 11, 2016 and is uptrending. It has underperformed by 3.31% the S&P500.
The move comes after 8 months positive chart setup for the $513.76 million company. It was reported on Oct, 18 by Barchart.com. We have $5.99 PT which if reached, will make TSE:TVE worth $297.98M more.

Tamarack-Valley-Energy-Ltd (TSE:TVE) Ratings Coverage

Out of 5 analysts covering Tamarack Valley Energy (TSE:TVE), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $5 is the highest target while $3.75 is the lowest. The $4.35 average target is 14.78% above today’s ($3.79) stock price. Tamarack Valley Energy has been the topic of 8 analyst reports since December 3, 2015 according to StockzIntelligence Inc. Canaccord Genuity initiated it with “Buy” rating and $5 target price in Tuesday, June 28 report. The stock has “Outperform” rating given by BMO Capital Markets on Thursday, February 25.

More notable recent Tamarack-Valley-Energy-Ltd (TSE:TVE) news were published by: Marketwired.com which released: “Tamarack Valley Energy Ltd. Announces Closing of Strategic Acquisitions, New …” on July 25, 2016, also Marketwired.com with their article: “Tamarack Valley Energy Ltd. Announces Strategic Acquisitions, $72 Million …” published on June 20, 2016, Marketwired.com published: “Tamarack Valley Energy Ltd. Announces 2016 First Quarter Results” on May 11, 2016. More interesting news about Tamarack-Valley-Energy-Ltd (TSE:TVE) were released by: Marketwired.com and their article: “Tamarack Valley Energy Ltd. Announces $38.0 Million Bought Deal Financing and …” published on February 29, 2016 as well as Marketwired.com‘s news article titled: “Tamarack Valley Energy Ltd. Announces Acquisition of Premier Light Oil Asset …” with publication date: September 03, 2014.

Tamarack Valley Energy Ltd. is a Canada oil and natural gas company. The company has a market cap of $513.76 million. The Firm has working interests in petroleum and natural gas properties in the Alder Flats area. It currently has negative earnings. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta.

TVE Company Profile

Tennessee Valley Authority (TVA), incorporated in 1933, operates a public power system and supplies power in Tennessee, northern Alabama, northeastern Mississippi, and southwestern Kentucky and in portions of northern Georgia, western North Carolina, and southwestern Virginia. The Firm manages the Tennessee River, its tributaries and certain shorelines to provide navigation, flood damage reduction and electricity, among others. TVA is a wholesaler of power. The Firm sells power to local power firm clients of TVA (LPCs), which then resell power to their clients at retail rates. TVA’s LPCs consist of municipalities and other local government entities (municipalities), and customer-owned entities (cooperatives).

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