Tamarack Valley Energy agrees merger. Tamarack Valley Energy stock is valued at CAD 7.04 billion

Published on 10/20/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Merger synergies target CAD 50 million annually for the combined producer in Alberta. Tamarack Valley Energy stock costs EUR 9.58 on October 20, 2026.

Merger and earnings shape valuation

Tamarack Valley Energy agreed to a CAD 10.0 billion Headwater transaction on September 8, 2026.
Second-quarter revenue reached CAD 494.0 million and net income CAD 205.7 million on July 28, 2026.
Tamarack Valley Energy stock was trading at EUR 9.58 at 1:13 p.m. CEST at Lang & Schwarz on October 20, 2026.

TVE, CA87505Y4094, Illustration mit AI erstellt.

Tamarack Valley Energy (CA87505Y4094) was quoted at EUR 9.58 at Lang & Schwarz on October 20, 2026, while its planned combination with Headwater Exploration remains the companys central strategic event. Simply Wall St reported that the all-stock transaction was agreed on September 8, 2026.

Scale comes with a CAD 10 billion deal

The transaction is valued at CAD 10.0 billion and gives Headwater shareholders one Tamarack share for each Headwater share, according to Simply Wall St. The combined producer is expected to target run-rate output above 80,000 barrels of oil equivalent per day and more than CAD 50 million in annual cost savings.

What does CAD 50 million mean?

The planned savings provide a measurable test for the enlarged Clearwater platform. The same transaction is expected to issue 237.8 million Tamarack shares, so the potential operating benefit must be weighed against a larger share count, according to Simply Wall St.

Three dates frame the announcement

On July 28, 2026, Tamarack reported second-quarter revenue of CAD 494.0 million, up 43 percent from the second quarter of 2025, while net income reached CAD 205.7 million, up 139 percent. On September 8, 2026, Tamarack agreed the Headwater transaction valued at CAD 10.0 billion. On October 20, 2026, its Lang & Schwarz quote stood at EUR 9.58. The earnings figures and comparison were reported by Simply Wall St.

Next dates include October results

Simply Wall St lists October 28, 2026, as the next earnings update. The companys investor page also identifies reporting dates, shareholder meetings and dividend information as core investor-calendar items. A planned dividend increase is scheduled to begin in December 2026, according to the same transaction summary.

Price stays the immediate reference

Tamarack Valley Energy is a Canadian oil and gas producer focused on Western Canada, according to its investor overview. Its market capitalization was CAD 7.0 billion as of October 19, 2026, and the company trades on the Toronto Stock Exchange under TVE. The further course of trading is shown by the continuously updated real-time quote of Tamarack Valley Energy stock.