Tamarack Valley Energy Ltd (OTCPK:TNEYF)

$ 3.14 0.01 (0.32%) Market Cap: 1.64 Bil Enterprise Value: 2.18 Bil PE Ratio: 11.45 PB Ratio: 1.06 GF Score: 80/100

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Q3 2023 Tamarack Valley Energy Ltd Earnings Call Transcript

Oct 26, 2023 / 03:30PM GMT

Release Date Price: $2.87 (+0.63%)

Transcript

Operator

Good morning. Welcome, everyone, to Tamarack Valley Energy Ltd. conference call and webcast on Thursday, October 26, 2023, discussing the recent Q3 2023 results press release.

I would like to introduce today's speakers, Mr. Brian Schmidt, President and CEO; and Mr. Steve Buytels, CFO. (Operator Instructions) Thank you.

Mr. Schmidt, you may now begin your conference.

Brian Leslie Schmidt

Tamarack Valley Energy Ltd. - President, CEO & Director

Good morning, and thank you, John. Welcome, everyone, on the call to discuss our third quarter operating and financial results. I'm joined this morning by Steve Buytels, CFO.

The third quarter delivered solid results following on Tamarack's previous commitment to: firstly, high-grade our assets to the best plays in North America; secondly, to demonstrate disciplined capital deployment; third, focus on maximizing free funds flow through enhancing our margins; and fourthly, to position the balance sheet to achieve our enhanced return thresholds.

Record production and significant

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