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Tamarack Valley Energy Beats Q2 EPS Estimates, Cuts 2026 Production Guidance

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Tamarack Valley Energy (TVE.TO) reported second-quarter net income of C$205.7 million, or C$0.43 per share, up from C$86.2 million, or C$0.17 per share, in the year-ago quarter.

Analysts polled by FactSet expected C$0.39, with two analysts reporting.

Oil and natural gas sales were C$603.8 million, up from C$408.3 million in the year-ago quarter.

The company produced 69,229 barrels of oil equivalent per day, down from 70,260 boe/d in the year-ago quarter.

Tamarack Valley lowered its 2026 production guidance to 61,500 to 63,000 boe/d, from 69,000 to 71,000 boe/d previously.

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