Tamarack Valley Energy's quarterly market cap
increased
from Jun. 2023 ($1,348 Mil) to Sep. 2023 ($1,609 Mil) but then
declined
from Sep. 2023 ($1,609 Mil) to Dec. 2023 ($1,295 Mil).
Tamarack Valley Energy's annual market cap
increased
from Dec. 2021 ($1,241 Mil) to Dec. 2022 ($1,836 Mil) but then
declined
from Dec. 2022 ($1,836 Mil) to Dec. 2023 ($1,295 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tamarack Valley Energy's Enterprise Value for Today is $1,715 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Tamarack Valley Energy's Market Cap
For the Oil & Gas E&P subindustry, Tamarack Valley Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tamarack Valley Energy's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tamarack Valley Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Tamarack Valley Energy's Market Cap falls into.
Tamarack Valley Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tamarack Valley Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tamarack Valley Energy (OTCPK:TNEYF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tamarack Valley Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Tamarack Valley Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tamarack Valley Energy (Tamarack Valley Energy) Business Description
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
Tamarack Valley Energy (Tamarack Valley Energy) Headlines
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