Tamarack Valley Energy Ltd (TVE) To Go Ex-Dividend on June 15th

Tamarack Valley Energy Ltd (TSE:TVE) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.04 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 15th.

Tamarack Valley Energy Stock Down 1.7%

Shares of TSE:TVE traded down C$0.23 during trading on Friday, hitting C$13.02. 1,953,275 shares of the company were exchanged, compared to its average volume of 2,197,687. The stock has a market capitalization of C$6.23 billion, a P/E ratio of -72.33 and a beta of 0.28. The company has a debt-to-equity ratio of 37.62, a current ratio of 0.69 and a quick ratio of 0.80. Tamarack Valley Energy has a 12-month low of C$4.68 and a 12-month high of C$14.03. The firm’s 50 day moving average price is C$12.33 and its 200-day moving average price is C$10.21.

Tamarack Valley Energy (TSE:TVE) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$375.55 million during the quarter. Tamarack Valley Energy had a negative net margin of 6.60% and a negative return on equity of 5.03%. On average, research analysts predict that Tamarack Valley Energy will post 0.1386527 earnings per share for the current fiscal year.

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.