GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (OTCPK:TNEYF) » Definitions » 5-Year Yield-on-Cost %

Tamarack Valley Energy (Tamarack Valley Energy) 5-Year Yield-on-Cost % : 3.85 (As of Apr. 29, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Tamarack Valley Energy 5-Year Yield-on-Cost %?

Tamarack Valley Energy's yield on cost for the quarter that ended in Dec. 2023 was 3.85.


The historical rank and industry rank for Tamarack Valley Energy's 5-Year Yield-on-Cost % or its related term are showing as below:

TNEYF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4   Med: 3.29   Max: 5.12
Current: 3.85


During the past 13 years, Tamarack Valley Energy's highest Yield on Cost was 5.12. The lowest was 0.40. And the median was 3.29.


TNEYF's 5-Year Yield-on-Cost % is ranked worse than
59.03% of 493 companies
in the Oil & Gas industry
Industry Median: 4.72 vs TNEYF: 3.85

Competitive Comparison of Tamarack Valley Energy's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Tamarack Valley Energy's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamarack Valley Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tamarack Valley Energy's 5-Year Yield-on-Cost % falls into.



Tamarack Valley Energy 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Tamarack Valley Energy is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Tamarack Valley Energy  (OTCPK:TNEYF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Tamarack Valley Energy 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Tamarack Valley Energy's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tamarack Valley Energy (Tamarack Valley Energy) 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.

Tamarack Valley Energy (Tamarack Valley Energy) Headlines

From GuruFocus

Canadian Insider Buys Reported at 52-Week Low in the Energy Sector

By Monica Wolfe Monica Wolfe 04-17-2013