Separately, Royal Bank of Canada reissued a hold rating on shares of Tamarack-Valley-Energy in a report on Wednesday.
Tamarack-Valley-Energy stock remained flat at $$2.71 during midday trading on Friday. Tamarack-Valley-Energy has a one year low of $1.88 and a one year high of $4.00.
Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.
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