GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (TSX:TVE) » Definitions » Growth Rank

Tamarack Valley Energy (TSX:TVE) Growth Rank : 3 (As of May. 01, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tamarack Valley Energy Growth Rank?

Tamarack Valley Energy has the Growth Rank of 3.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Tamarack Valley Energy's Growth Rank

For the Oil & Gas E&P subindustry, Tamarack Valley Energy's Growth Rank, along with its competitors' market caps and Growth Rank 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 Growth Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamarack Valley Energy's Growth Rank distribution charts can be found below:

* The bar in red indicates where Tamarack Valley Energy's Growth Rank falls into.



Tamarack Valley Energy Growth Rank Related Terms

Thank you for viewing the detailed overview of Tamarack Valley Energy's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Tamarack Valley Energy (TSX:TVE) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
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.
Executives
Christine Ezinga Senior Officer

Tamarack Valley Energy (TSX:TVE) Headlines

From GuruFocus

TVA Reports First Quarter Fiscal Year 2023 Financial Results

By PRNewswire PRNewswire 01-31-2023

TVA To Discuss Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-08-2022

TVA Reports Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-15-2022