Tamarack Valley Energy has beaten earnings estimates in two of its last four reported quarters. Its next result will be compared with a consensus based on one analyst, while oil prices and operating performance remain key factors.
Tamarack Valley Energy Ltd. (TSX: TVE, TVE.TO) is scheduled to report results before market open on October 28, 2026, for the quarter ended September 30. The available calendar lists EPS consensus at C$0.22, based on one analyst. An earlier calendar snapshot lists C$0.30, so the estimates differ across the supplied data.
Recent earnings trend
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Tamarack Valley Energy Ltd
TVE.TO
TVE.TO
Tamarack Valley Energy Ltd
WealthAwesomeMarket cap
$7.13B
P/E
301.2x
Div. yield
1.08%
Div. / share
$0.16
52W high
$15.15
52W low
$5.98
1W change
+3.79%
Beta
1.14
Analyst Price Targets
Based on analyst covering TVE · as of Oct 26, 2026
Wall Street analysts forecast TVE stock price to rise 13.7% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$17.13
+13.7% Upside
Previously C$16.98 on Oct 23, 2026
Current Price
C$15.06
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TVE's historical volatility
30-Day Vol
32.9%
Annualized
90-Day Vol
34.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$18.00
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$15.98 | C$14.27 – C$17.90 |
| 60 trading days | C$16.96 | C$14.45 – C$19.91 |
| 90 trading days | C$18.00 | C$14.79 – C$21.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-28 | — | 0.2700 | — |
| 2026-06-30 | 2026-07-27 | 0.4300 | 0.3900 | +10.3% |
| 2026-03-31 | 2026-05-06 | 0.0100 | 0.1400 | -92.9% |
| 2025-12-31 | 2026-02-25 | 0.1200 | 0.0200 | +500.0% |
| 2025-09-30 | 2025-10-29 | -0.5000 | 0.0600 | -933.3% |
| 2025-06-30 | 2025-07-30 | 0.1700 | 0.0900 | +88.9% |
Tamarack’s recent results have been mixed. It beat estimates in two of its last four comparable quarters. The upcoming report will show how earnings held up amid changes in commodity prices and operating costs, both important to this Alberta oil and gas producer. Read more on the Tamarack Valley Energy stock page.
Investor takeaway: The C$0.22 consensus is based on one analyst, not a broad analyst view, and another supplied calendar snapshot lists C$0.30. Tamarack beat estimates in two of its last four reported quarters, but results ranged from a 92.86% miss in March to a 10.26% beat in June. Focus on the reported results and operating context rather than treating one estimate as a reliable verdict.
C$0.22
That’s the available EPS consensus for the quarter ended September 30, 2026, based on one analyst. Another supplied calendar snapshot shows C$0.30, so the estimates don’t match. Tamarack beat estimates in two of its last four reported quarters and missed in the other two.
Bull case
Tamarack’s June-quarter EPS of C$0.43 topped the C$0.39 estimate. Its December-quarter result also beat expectations. Company news says waterflooding at its Clearwater and Charlie Lake heavy-oil operations has supported well productivity and lower decline rates. If those improvements continue, they could help stabilize production and per-barrel costs, supporting earnings. Tamarack’s Alberta production also leaves the company exposed to oil prices.
Bear case
Tamarack’s recent results have been uneven. In March, EPS was C$0.01 against an estimate of C$0.14. In the year-ago September quarter, the company reported a C$0.50 loss, compared with an expected loss of C$0.06. The consensus comes from one analyst, and no revenue estimate is available, which limits what investors can learn from forecasts. Oil prices, Canadian oil differentials, operating costs and production execution can all affect results. The supplied fundamentals show a 1.62% profit margin and trailing EPS of C$0.05, a reminder that quarterly earnings can swing sharply.
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Analysis
Tamarack is due to report before market open on October 28 for the quarter ended September 30. The available calendar lists EPS consensus at C$0.22, based on one analyst. An earlier snapshot lists C$0.30, so treat the consensus as a limited and inconsistent reference, not a firm benchmark. No usable revenue consensus is available.
The report will show whether Tamarack can build on its June result, when EPS of C$0.43 beat the C$0.39 estimate. Its heavy-oil operations in Alberta’s Clearwater and Charlie Lake plays provide useful business context. Company news points to waterflooding, well productivity, decline rates and per-barrel operating costs as factors that may affect production stability and margins. The supplied information doesn’t include forecasts for production, realized prices or quarterly margins, so those figures shouldn’t be assumed.
Analysis
Tamarack beat EPS estimates in two of its last four reported quarters, but results varied widely. For the quarter ended June 30, 2026, EPS was C$0.43 against an estimate of C$0.39, a 10.26% beat. In March, EPS of C$0.01 missed the C$0.14 estimate by 92.86%. December EPS of C$0.12 topped the C$0.02 estimate. In the September 2025 quarter, Tamarack reported a C$0.50 loss against an expected loss of C$0.06, a 933.33% negative surprise.
This history makes the upcoming estimate worth watching, but it doesn’t show a consistent pattern of beats. The supplied fundamentals list trailing EPS of C$0.05, a P/E of 301.2 and a profit margin of 1.62%. These figures offer context, but they don’t replace the quarterly report. For more company data, visit the TVE stock page.
Analysis
TVE closed at C$15.06 on October 23, above its 50-day moving average of C$13.67 and 200-day moving average of C$12.02. It was also near its 52-week high of C$15.15. The supplied data shows the stock gained 15.94% over the past month. These figures describe recent share-price performance, not the likely earnings result.
The analyst-target section lists an average target of C$17.13, 13.7% above the last close, and describes the comparison as moderately bullish. See the analyst ratings and price targets. The Wealth Awesome 90-day price forecast is a statistical model, not financial advice. It gives a mean forecast of C$18.00, with a 68% range of C$14.79 to C$21.91 and a 95% range of C$12.16 to C$26.66. These projections are uncertain. They aren’t earnings guidance or a promise of future returns.
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