Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.13 and traded as high as $8.9840. Tamarack Valley Energy shares last traded at $8.8480, with a volume of 17,684 shares changing hands.
Tamarack Valley Energy Trading Down 1.5%
The stock’s fifty day moving average is $8.13 and its two-hundred day moving average is $6.58.
About Tamarack Valley Energy
Tamarack Valley Energy Ltd. is a Calgary‐based exploration and production company focused on upstream oil and natural gas operations in Western Canada. Established in 2013 through a spin-out from PetroShale, the company has built a diversified portfolio of light oil and liquids‐rich natural gas assets. Its operations are concentrated in the Montney and Duvernay plays of Alberta’s Deep Basin as well as in key formations of northwestern Saskatchewan.
The company engages in the full cycle of oil and gas development, including seismic evaluation, drilling, completion and production optimization.
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