TNEYF (Tamarack Valley Energy) Operating Income: $461 Mil (TTM As of Jun. 2026)

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TNEYF Tamarack Valley Energy Ltd TNEYF
60 GF Score
Price $9.47
GF Value $3.66
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tamarack Valley Energy Operating Income?

Tamarack Valley Energy TNEYF -1.25% 60 Operating Income is $461 Mil as of Jun. 2026. GuruFocus rates TNEYF with a GF Score™ of 60/100 and a GF Value™ of $3.66 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tamarack Valley Energy's Operating Income for the three months ended in Jun. 2026 was $195 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $461 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tamarack Valley Energy's Operating Income for the three months ended in Jun. 2026 was $195 Mil. Tamarack Valley Energy's Revenue for the three months ended in Jun. 2026 was $441 Mil. Therefore, Tamarack Valley Energy's Operating Margin % for the quarter that ended in Jun. 2026 was 44.13%.

Tamarack Valley Energy's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tamarack Valley Energy's annualized ROC % for the quarter that ended in Jun. 2026 was 28.31%. Tamarack Valley Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 39.94%.


Tamarack Valley Energy  (OTCPK:TNEYF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tamarack Valley Energy's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=779.024 * ( 1 - 23.11% )/( (2438.051 + 1793.9)/ 2 )
=598.9915536/2115.9755
=28.31 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2490.367 - 127.677 - ( 8.919 - max(0, 245.792 - 170.431+8.919))
=2438.051

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2210.487 - 145.673 - ( 362.207 - max(0, 209.082 - 479.996+362.207))
=1793.9

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tamarack Valley Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=808.78/( ( (2319.936 + max(-72.304, 0)) + (1730.492 + max(-94.024, 0)) )/ 2 )
=808.78/( ( 2319.936 + 1730.492 )/ 2 )
=808.78/2025.214
=39.94 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(132.004 + 0 + 26.049) - (127.677 + 0 + 102.68)
=-72.304

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.394 + 0 + 9.07) - (145.673 + 0 + 53.815)
=-94.024

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Tamarack Valley Energy's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=194.756/441.357
=44.13 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Tamarack Valley Energy Operating Income Related Terms


Tamarack Valley Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Tamarack Valley Energy's Operating Income can be seen below:

* 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 Operating Income Chart

Tamarack Valley Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.49 385.51 264.58 314.03 314.39

Tamarack Valley Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.15 79.69 67.85 119.03 194.76
TNEYF
60GF Score
Tamarack Valley Energy Ltd TNEYF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamarack Valley Energy Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $461 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $461 Mil mean?
Tamarack Valley Energy (TNEYF) has a Operating Income of $461 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tamarack Valley Energy and its competitors.
Is Tamarack Valley Energy's Operating Income too high?
Tamarack Valley Energy's current Operating Income is $461 Mil. Overall, Tamarack Valley Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamarack Valley Energy's Operating Income compare to COP and EOG?
Tamarack Valley Energy's Operating Income of $461 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tamarack Valley Energy and its competitors. Tamarack Valley Energy's current Operating Income is $461 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamarack Valley Energy stock overvalued right now?
Based on GuruFocus' analysis, Tamarack Valley Energy (TNEYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.66, compared to a current price of $9.47 — trading 158.7% above its estimated fair value. The current Operating Income is $461 Mil. Tamarack Valley Energy's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Tamarack Valley Energy (TNEYF), the current Operating Income is $461 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tamarack Valley Energy (TNEYF) Overvalued in 2026?

Based on GuruFocus' analysis, Tamarack Valley Energy stock appears to be overvalued. The current stock price of $9.47 is trading 158.7% above its estimated GF Value™ of $3.66. GuruFocus considers Tamarack Valley Energy to be Significantly Overvalued.

Key valuation signals for TNEYF:

  • Operating Income: $461 Mil
  • GF Value™: $3.66 vs. price of $9.47 (158.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the TNEYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamarack Valley Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 9TA1:GermanyTVE:Canada
Address 525 - 8th Avenue South West, Suite 1700, Calgary, AB, CAN, T2P 1G1
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is the 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.
60GF Score

Get the complete analysis for TNEYF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.47
Price
$3.66
GF Value