$TVE

Tamarack Valley Energy (TSX:TVE) and Headwater Exploration (TSX:HWX) announced a C$10 billion all-stock merger, creating the largest Alberta Clearwater-focused oil producer. Tamarack will issue 237.8 million shares, with shareholders owning 66.5% of the combined entity. The deal includes a 20% dividend increase and plans for 10%-12% Clearwater growth. Shares of both companies rose on the news. The transaction is expected to close in Q4 2023.

Canadian energy firms Cenovus Energy Inc. and Birchcliff Energy Ltd. plan to use higher oil prices to pay down debt, while Tourmaline Oil Corp. and Tamarack Valley Energy Ltd. aim to return cash to shareholders. Oil futures have risen from about $65 to nearly $120 per barrel. Companies are focusing on balance sheet strength and shareholder returns rather than increasing production.

The article says some Canadian oil producers are shifting from years of restraint to investing more capital for growth after spring-quarter earnings showed higher profits tied to spiking oil prices during an Iran-related energy shock. Tamarack Valley Energy reported $205.7 million profit in Q2, up 140% y/y, and raised its capital budget nearly 10% to up to $450 million, according to the company.

Canadian stocks fell as crude oil jumped more than 6% and investors weighed U.S. Fed rate-hike risk and doubts about AI investment returns. The S&P/TSX Composite ended at 35,192.66, down 0.82%. Alphabet and Tesla Q2 results disappointed. Energy led gains; IT and materials lagged. Notable movers included Athabasca Oil, Brookfield Renewable, Tecsys, Shopify, and Gildan.

Tennessee Valley Authority (TVC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 exhibit101thirdamendmentan.htm EX-10.1 Document Exhibit 10.1 This agreement has been filed to provide investors with information regarding its terms. It is not intended to provide any other factual information about the Tennessee Valley Authority. The representations an

The Globe and Mail’s Scott Barlow roundup cites CIBC’s Dennis Fong previewing energy earnings, noting oil prices fell to about US$70/bbl and expecting narrow WCS-WTI differentials. Fong lists CVE, KEL, PD, SDE, and TVE. It also summarizes BMO population-growth analysis and BofA’s initiation of SpaceX (SPCX) Buy with a $235 price objective.

Barometer Capital Management’s June 3, 2026 North American large-cap picks are Bombardier, BHP Group and Tamarack Valley Energy. The firm says markets are split between strong and weak stocks and holds ~8% cash. Bombardier cites a record Q1 2026 $20.3B backlog and raised 2026 FCF guidance to over $1B. BHP highlights copper growth and shareholder returns. Tamarack targets ~US$35/bbl 2026 breakeven and plans to use $804M asset-sale proceeds for dividends, buybacks and growth.

The article highlights two TSX energy stocks—Tamarack Valley Energy (TVE) and Peyto Exploration & Development (PEY)—as potential beneficiaries if inflation stays high. TVE reported Q1 2026 average 71,329 boe/d, $221.8M adjusted funds flow, and $128.1M free funds flow, and agreed to sell Charlie Lake assets for $804M, targeting net cash >$125M and a 25% dividend increase. PEY reported record Q1 2026 production ~147,500 boe/d, $293M FFO, $171.1M earnings ($0.82/share), and $89.2M net debt reductio

The S&P/TSX Composite Index rose 2.37% in May to a record close, with gains across sectors including communication services (+6.79%), materials (+6.11%) and financials (+4.24%). Year-to-date it is up 9.64%, led by energy (+27.4%). Bloomberg says the index trades at 16.5x 2026 consensus earnings and expects 23% earnings growth. Analysts raised targets for 5N Plus, Bird Construction, Finning, Tamarack Valley Energy and Enerflex.

Canadian Imperial Bank of Commerce raised its price target for Tamarack Valley Energy (TSE:TVE) to C$15.25 from C$14.25 and kept an “outperformer” rating, according to BayStreet.CA. The target implies 21.71% upside from TVE’s prior close. Other analysts also increased targets; MarketBeat data shows a C$12.73 consensus target and “Buy” consensus. TVE last traded at C$12.53.