Tamarack Valley Energy Ltd (TSE:TVE – Get Free Report) announced a monthly dividend on Monday, April 15th, TickerTech reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.0125 per share on Wednesday, May 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date of this dividend is Monday, April 29th.
Tamarack Valley Energy Stock Up 1.0 %
TSE TVE traded up C$0.04 during trading hours on Wednesday, hitting C$3.89. 571,321 shares of the company traded hands, compared to its average volume of 2,256,697. The company has a debt-to-equity ratio of 43.39, a quick ratio of 0.80 and a current ratio of 0.52. The business’s 50-day moving average is C$3.59 and its 200-day moving average is C$3.50. The stock has a market capitalization of C$2.12 billion, a price-to-earnings ratio of 22.65 and a beta of 2.59. Tamarack Valley Energy has a twelve month low of C$2.76 and a twelve month high of C$4.34.
Tamarack Valley Energy (TSE:TVE – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C$0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.04. Tamarack Valley Energy had a return on equity of 4.34% and a net margin of 6.70%. The company had revenue of C$418.86 million for the quarter. Sell-side analysts anticipate that Tamarack Valley Energy will post 0.2799189 earnings per share for the current year.
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Insiders Place Their Bets
In other news, Senior Officer Brian Leslie Schmidt purchased 8,673 shares of the stock in a transaction dated Wednesday, March 13th. The shares were purchased at an average cost of C$3.55 per share, with a total value of C$30,789.15. In other news, Senior Officer Brian Leslie Schmidt purchased 8,673 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was purchased at an average cost of C$3.55 per share, with a total value of C$30,789.15. Also, Senior Officer Christine Ezinga acquired 21,150 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was acquired at an average price of C$3.74 per share, for a total transaction of C$79,012.17. Insiders purchased a total of 47,718 shares of company stock worth $178,867 in the last quarter. 1.15% of the stock is owned by company insiders.
About Tamarack Valley Energy
Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.
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