Tamarack Valley Energy Ltd (TSX:TVE)
C$ 4.43 0.01 (0.23%) Market Cap: 2.35 Bil Enterprise Value: 3.11 Bil PE Ratio: 11.66 PB Ratio: 1.08 GF Score: 77/100

Q3 2021 Tamarack Valley Energy Ltd Earnings Call Transcript

Oct 28, 2021 / 03:00PM GMT
Release Date Price: C$3.67 (+2.51%)
Operator

Good morning. Welcome, everyone, to the Tamarack Valley Energy Ltd. webcast on October 28, 2021 discussing Q3 2021 results. I would like to introduce today's speakers, Mr. Brian Schmidt, President and CEO; and Mr. Steve Buytels, Vice President, Finance and CFO. If you have any questions, please type them in the Q&A field provided. Mr. Schmidt, you may begin your conference.

Brian Schmidt
Tamarack Valley Energy Ltd. - President & CEO

Good morning and thank you. I am joined here today with Steve Buytels, Vice President, Finance and CFO. We are pleased to announce our third-quarter results, highlighted by exceptionally strong operational results in the Charlie Lake and Clearwater. Our team's execution and integration of the Charlie Lake and Clearwater assets drove significant production beat which underpins our guidance increase for the year. We are also very pleased to announce our inaugural dividend and return of capital framework with our first monthly dividend set to be paid in early 2022.

I will pass it over to Steve to talk through the

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