Tamarack Valley Energy (TSE:TVE) Director Shannon Joseph Buys 27,521 Shares of Stock

Posted by Brenda Bartman on Jun 17th, 2026

Tamarack Valley Energy Ltd (TSE:TVE – Get Free Report) Director Shannon Joseph bought 27,521 shares of the stock in a transaction dated Tuesday, June 16th. The stock was bought at an average cost of C$12.56 per share, for a total transaction of C$345,663.76. Following the acquisition, the director directly owned 66,376 shares of the company’s stock, valued at approximately C$833,682.56. This represents a 70.83% increase in their position.

Shannon Joseph also recently made the following trade(s):

On Thursday, March 19th, Shannon Joseph bought 36 shares of Tamarack Valley Energy stock. The stock was bought at an average cost of C$6.03 per share, for a total transaction of C$217.08.

Tamarack Valley Energy Price Performance

TVE stock opened at C$12.61 on Wednesday. Tamarack Valley Energy Ltd has a one year low of C$4.68 and a one year high of C$14.03. The company’s fifty day moving average price is C$12.39 and its 200-day moving average price is C$10.30. The company has a debt-to-equity ratio of 37.62, a quick ratio of 0.80 and a current ratio of 0.69. The company has a market capitalization of C$6.03 billion, a PE ratio of -70.06 and a beta of 0.28.

Tamarack Valley Energy (TSE:TVE – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported C$0.20 EPS for the quarter. Tamarack Valley Energy had a negative net margin of 6.60% and a negative return on equity of 5.03%. The firm had revenue of C$375.55 million for the quarter. On average, equities analysts anticipate that Tamarack Valley Energy Ltd will post 0.1386527 EPS for the current fiscal year.

Tamarack Valley Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, June 15th. Tamarack Valley Energy’s payout ratio is -86.62%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TVE. Acumen Capital upped their price target on shares of Tamarack Valley Energy from C$7.50 to C$10.50 and gave the company a “buy” rating in a research note on Thursday, February 26th. Roth Mkm set a C$15.00 price target on shares of Tamarack Valley Energy and gave the company a “buy” rating in a research note on Tuesday, May 19th. Canaccord Genuity Group raised shares of Tamarack Valley Energy from a “hold” rating to a “buy” rating and upped their price target for the company from C$12.00 to C$15.00 in a research note on Friday, May 29th. Desjardins upped their price target on shares of Tamarack Valley Energy from C$10.00 to C$10.50 and gave the company a “buy” rating in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada upped their price target on shares of Tamarack Valley Energy from C$11.00 to C$12.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$12.73.

Get Our Latest Stock Analysis 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.