The Canadian oil producer reported adjusted funds flow of $0.43 per share and capital investments of $98.7 million for the quarter.
Tamarack Valley Energy reported second-quarter GAAP earnings per share of $0.43 and revenue of $603.7 million. Adjusted funds flow from operations matched EPS at $0.43 per share.
The company invested $98.7 million in capital expenditures during the quarter, focusing on Clearwater primary development and waterflood expansion activities. The results reflect ongoing operational execution in its core assets.
No immediate market reaction was disclosed in the release.