Canada's Tamarack Valley Energy reports higher Q4 production, but lower revenue

Tamarack Valley Energy

25/02/2026 10:17

Overview

Canada oil producer's completes transformation into a core Clearwater and Charlie Lake producer

Company's 2025 total return to shareholders was 19%

Tamarack Q4 production rose, but oil and natural gas sales dropped

Outlook

Company's sustaining free funds flow breakeven cost declines to ~US$35 per barrel WTI

Result Drivers

PRODUCTION OUTPERFORMANCE - Tamarack attributed strong Q4 results to a 4% increase in total production

CLEARWATER OUTPUT GROWTH - A jump of 16% in Clearwater output drove overall Q4 performance

Company press release: ID:nCNWp1mr0a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Oil & Nat Gas Revenue
C$365.03 mln
Q4 Net Income
C$61.92 mln
Q4 Net Debt
C$685.72 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Tamarack Valley Energy Ltd is C$9.25, about 4.7% below its February 24 closing price of C$9.71

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)