Tamarack Valley Energy (TSE:TVE) Director Purchases C$1,027,565.00 in Stock

Posted by Brian Himes on Jun 5th, 2026

Tamarack Valley Energy Ltd (TSE:TVE – Get Free Report) Director Rene Amirault acquired 78,500 shares of Tamarack Valley Energy stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average price of C$13.09 per share, with a total value of C$1,027,565.00. Following the completion of the acquisition, the director directly owned 454,602 shares in the company, valued at C$5,950,740.18. This represents a 20.87% increase in their position.

Rene Amirault also recently made the following trade(s):

On Thursday, March 19th, Rene Amirault bought 8 shares of Tamarack Valley Energy stock. The stock was purchased at an average cost of C$8.29 per share, for a total transaction of C$66.32.

Tamarack Valley Energy Stock Performance

Shares of TVE stock traded down C$0.46 during trading hours on Friday, reaching C$13.48. 1,643,263 shares of the company traded hands, compared to its average volume of 2,193,784. Tamarack Valley Energy Ltd has a 12-month low of C$4.43 and a 12-month high of C$14.03. The company has a debt-to-equity ratio of 37.62, a current ratio of 0.69 and a quick ratio of 0.80. The company has a market cap of C$6.45 billion, a P/E ratio of -74.89 and a beta of 0.28. The firm has a 50-day moving average price of C$12.08 and a 200 day moving average price of C$9.98.

Tamarack Valley Energy (TSE:TVE – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.20 EPS for the quarter. Tamarack Valley Energy had a negative return on equity of 5.03% and a negative net margin of 6.60%.The company had revenue of C$375.55 million for the quarter. As a group, sell-side analysts predict that Tamarack Valley Energy Ltd will post 0.1386527 earnings per share for the current fiscal year.

Tamarack Valley Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, June 15th. Tamarack Valley Energy’s dividend payout ratio is -86.62%.

Analyst Ratings Changes

TVE has been the topic of several research analyst reports. Desjardins upped their price objective on Tamarack Valley Energy from C$10.00 to C$10.50 and gave the company a “buy” rating in a research report on Thursday, February 26th. Raymond James Financial raised Tamarack Valley Energy from a “market perform” rating to an “outperform” rating and upped their price objective for the company from C$12.00 to C$15.00 in a research report on Friday, May 29th. Acumen Capital upped their target price on Tamarack Valley Energy from C$7.50 to C$10.50 and gave the stock a “buy” rating in a report on Thursday, February 26th. Royal Bank Of Canada upped their target price on Tamarack Valley Energy from C$11.00 to C$12.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Finally, Roth Mkm set a C$15.00 price objective on Tamarack Valley Energy and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$12.73.

Read Our Latest Stock Report on Tamarack Valley Energy

About Tamarack Valley Energy

(Get Free Report)

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.