Canada's Tamarack Valley Energy reports higher Q4 production, but lower revenue

Overview

• Canada oil producer's completes transformation into a core Clearwater and Charlie Lake producer

• Company's 2025 total return to shareholders was 19%

• Tamarack Q4 production rose, but oil and natural gas sales dropped

Outlook

• Company's sustaining free funds flow breakeven cost declines to ~US$35 per barrel WTI

Result Drivers

• PRODUCTION OUTPERFORMANCE - Tamarack attributed strong Q4 results to a 4% increase in total production

• CLEARWATER OUTPUT GROWTH - A jump of 16% in Clearwater output drove overall Q4 performance

Company press release: ID:nCNWp1mr0a

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

• Wall Street's median 12-month price target for Tamarack Valley Energy Ltd is C$9.25, about 4.7% below its February 24 closing price of C$9.71

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