Jeffrey Boyce - Tamarack Valley Independent Director

TVE Stock  CAD 4.47  0.14  3.04%   

Director

Mr. Jeffrey S. Boyce is Independent Director of Tamarack Valley Energy Ltd. Mr. Boyce was President of Evsam Holdings Ltd., a privately held investment company, since October 2013. Mr. Boyce was formerly the Lead Executive director of PetroAmerica Oil Corporationration a TSXV company, from September 2009 until its acquisition by Gran Tierra Energy Inc. in January 2016. Mr. Boyce was formerly a director of ArPetrol Inc., a TSXV listed oil and natural gas exploration, development and production corporation, from March 2011 until its dissolution in September 2016. Mr. Boyce was also a director of Northern Shield Resources Inc., a Canadianbased mineral exploration company from 2007 to 2014. Prior thereto, Mr. Boyce was Chief Executive Officer and Chairman of the board of directors of Sure Energy Ltd. from August 2006 until its acquisition by the Corporation on October 9, 2013. Mr. Boyce was also President of Sure Energy Ltd. from August 2006 to September 2010. since 2013.
Tenure 11 years
Address Eighth Avenue Place, Calgary, AB, Canada, T2P 1G1
Phone403 263 4440
Webhttps://www.tamarackvalley.ca

Tamarack Valley Management Efficiency

The company has return on total asset (ROA) of 0.0687 % which means that it generated a profit of $0.0687 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0985 %, meaning that it generated $0.0985 on every $100 dollars invested by stockholders. Tamarack Valley's management efficiency ratios could be used to measure how well Tamarack Valley manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Tamarack Valley's Return On Assets are very stable compared to the past year.
Tamarack Valley Energy has accumulated 922.6 M in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Tamarack Valley Energy has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tamarack Valley until it has trouble settling it off, either with new capital or with free cash flow. So, Tamarack Valley's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tamarack Valley Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tamarack to invest in growth at high rates of return. When we think about Tamarack Valley's use of debt, we should always consider it together with cash and equity.

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Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada. TAMARACK VALLEY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 74 people. Tamarack Valley Energy (TVE) is traded on Toronto Exchange in Canada and employs 110 people. Tamarack Valley is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Tamarack Valley Energy Leadership Team

Elected by the shareholders, the Tamarack Valley's board of directors comprises two types of representatives: Tamarack Valley inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tamarack. The board's role is to monitor Tamarack Valley's management team and ensure that shareholders' interests are well served. Tamarack Valley's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tamarack Valley's outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Shimek, Vice Operations
Martin Malek, Vice President Business Development and Corporate Planning
David MacKenzie, Independent Director
David Christensen, VP Engineering
Sony Gill, Corporate Secretary
Steve Buytels, Chief Financial Officer, Vice President - Finance
JuneMarie Innes, Director Sustainability
Rocky Baker, Vice Marketing
Dave Christensen, Vice President - Engineering
Marnie Smith, Independent Director
Kevin Screen, Vice President - Production and Operations
Sanjib LLB, Corporate Secretary
Ken Cruikshank, VP of Land and Officer
Jeffrey Boyce, Independent Director
Robert Spitzer, Independent Director
Scott Reimond, Vice President - Exploration
Floyd Price, Independent Chairman of the Board
Noralee Bradley, Corporate Secretary, Independent Director
Brian Schmidt, President, Chief Executive Officer, Director
Ian Currie, Director
Christine Ezinga, Vice Sustainability
John Leach, Independent Director
Lynne Chrumka, Vice Exploration

Tamarack Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tamarack Valley a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Tamarack Valley

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tamarack Valley position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tamarack Valley will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tamarack Stock

  0.61ENB-PFV Enbridge Pref 5PairCorr
  0.65ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Tamarack Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamarack Valley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tamarack Valley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tamarack Valley Energy to buy it.
The correlation of Tamarack Valley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tamarack Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamarack Valley Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tamarack Valley can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Tamarack Stock

Tamarack Valley financial ratios help investors to determine whether Tamarack Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamarack with respect to the benefits of owning Tamarack Valley security.