Impact: Positive. Tamarack's 2Q16 financial results featured production (pre-released) and capital spending that were in-line with forecasts, with corresponding cash flow that was ahead of ours and consensus estimates in the period underpinned by initiatives to reduce operating costs in combination with stronger pricing and lower royalty expenses.
11 Aug 2016
ANNOUNCES 2Q16 FINANCIAL RESULTS
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ANNOUNCES 2Q16 FINANCIAL RESULTS
Tamarack Valley Energy Ltd. (TVE:TSE) | 0 0 3.2% | Mkt Cap: 589.5m
- Published:
11 Aug 2016 -
Author:
Michael Hearn -
Pages:
3
Impact: Positive. Tamarack's 2Q16 financial results featured production (pre-released) and capital spending that were in-line with forecasts, with corresponding cash flow that was ahead of ours and consensus estimates in the period underpinned by initiatives to reduce operating costs in combination with stronger pricing and lower royalty expenses.