Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

BRIEF-Tamarack Valley Energy Ltd posts qtrly earnings $0.05/shr

Published 2016-03-24, 07:08 a/m
© Reuters.  BRIEF-Tamarack Valley Energy Ltd posts qtrly earnings $0.05/shr
TVE
-

March 24 (Reuters) - Tamarack Valley Energy Ltd TVE.TO
* Tamarack valley energy ltd. Announces 2015 financial and
operating results with record production achieved in fourth
quarter 2015
* Tamarack valley energy ltd qtrly FFO per share $0.18
* Tamarack Valley Energy Ltd qtrly earnings per share $0.05
* Q4 2015 production average of 9,968 boe/d (61 pct
liquids), which is an increase of 14 pct from q3 of 2015
* Re-affirms its 2016 production guidance of averaging
between 8,700-9,700 boe/d
* Currently expects production in first half of 2016 to
average between 9,100-9,600 boe/d
* Full impact of operating cost reduction project is
expected to be realized in q2 of 2016
* In 2016, intends to continue improving capital
efficiencies,increasing netbacks through additional drilling,
cost cutting initiatives

Source text for Eikon: ID:nMKWfVLRNa
Further company coverage: TVE.TO

(Bengaluru Newsroom: +1 646 223 8780)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.