Tennessee Valley Authority generates power from coal, nuclear, hydroelectric, natural gas, and renewable sources. Tennessee Valley Authority was founded in 1933 and is headquartered in Knoxville, Tennessee.
Strategic Pivot | Tamarack Valley Energy shifts focus to high-quality Charlie Lake and Clearwater plays, aiming to enhance long-term profitability and growth prospects |
Financial Outlook | Company targets debt reduction to $900M in 2024 and $500M by period end, while maintaining growth and planning 80% free cash flow allocation to investors |
Asset Performance | Clearwater play shows strong results with 235 bpd average production rate, while Charlie Lake wells demonstrate promising outcomes on analysts' top wells list |
Analyst Perspective | BMO Nesbitt Burns sets $4.00 price target with "Market Perform" rating, reflecting cautious optimism amid Tamarack's strategic repositioning and debt reduction efforts |
Metrics to compare | TVE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipTVEPeersSector | |
---|---|---|---|---|
P/E Ratio | 0.0x | 13.8x | 11.8x | |
PEG Ratio | 0.00 | 1.58 | 0.02 | |
Price/Book | 0.0x | 1.6x | 1.3x | |
Price / LTM Sales | 0.0x | 1.5x | 1.5x | |
Upside (Analyst Target) | 0.0% | 7.7% | 12.7% | |
Fair Value Upside | Unlock | 6.5% | 2.8% | Unlock |