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Tamarack Valley Energy Outperform Rating, C$6.50 Price Target, Confirmed at National Bank of Canada

BY MT Newswires | ECONOMIC | 06/26/25 11:56 AM EDT

11:56 AM EDT, 06/26/2025 (MT Newswires) -- National Bank of Canada maintained an outperform rating and C$6.50 price target on the shares of Tamarack Valley Energy (TNEYF) , as the bank provided highlights for the company's Wednesday investor day.

The bank noted that the company highlighted a new five-year plan, largely building off the prior plan, key fundamentals driving incremental momentum, with a goal towards becoming "one of the most profitable companies in the industry" as a means to maximize long-term shareholder returns.

"TVE offers one of the highest-quality value profiles in the space, poised for 15% return profile (vs. peers 11%) on leverage of 0.4x (vs. peers 0.8x), while trading at 3.4x 2025e EV/DACF (vs. peers 2.3x)," added the bank.

Price: 4.85, Change: +0.09, Percent Change: +2.00

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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