Tamarack Valley Energy Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-94.96	-36.35	162.22	94.2	345.2	390.51
Depreciation & Amortization	505.44	530.61	588.02	631.06	377.68	212.34
Stock-Based Compensation	9.47	12.25	11.24	5.46	3.88	5.97
Other Adjustments	367.07	284.87	89.49	33.77	-9.17	-255.18
Changes in Other Operating Activities	-12.33	-12.49	-17.75	-132.87	87.79	-55.74
Operating Cash Flow	774.68	778.9	833.21	631.63	805.38	297.89
Operating Cash Flow Growth	-9.45%	-6.52%	31.91%	-21.57%	170.36%	137.76%
Capital Expenditures	-360.74	-400.02	-450.91	-516.46	-458.58	-187.56
Sale of Property, Plant & Equipment	126.55	126.67	-1.75	141.48	76.85	46.22
Purchases of Intangible Assets	-	-	-	-	-	-3.6
Payments for Business Acquisitions	-95.22	-95.22	-	-17.5	-948.88	-456.26
Other Investing Activities	-18.97	-35.16	-0.73	14.46	60.05	20.14
Investing Cash Flow	-348.38	-403.73	-453.38	-378.02	-1,271	-581.06
Short-Term Debt Issued	-327.6	-293.03	-50.25	66.6	-	265.31
Net Short-Term Debt Issued (Repaid)	-327.6	-293.03	-50.25	66.6	-	265.31
Long-Term Debt Issued	216.48	-	-	-	546.65	-
Long-Term Debt Repaid	103.16	216.38	-140.17	-351.6	-132.08	-37.73
Net Long-Term Debt Issued (Repaid)	319.65	216.38	-140.17	-351.6	414.57	-37.73
Issuance of Common Stock	0.58	0.5	1.26	0.76	138.66	72.85
Repurchase of Common Stock	-200.16	-203.48	-146.95	-9.58	-35.88	-12.98
Net Common Stock Issued (Repurchased)	-199.58	-202.98	-145.7	-8.81	102.78	59.87
Repurchase of Preferred Stock	-	-	-	-	-	-0.12
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	-0.12
Common Dividends Paid	-76.77	-77.02	-81.47	-83.52	-55.27	-
Other Financing Activities	-29.43	-20.47	42.92	125.94	3.1	-4.17
Financing Cash Flow	-422.02	-377.11	-374.66	-251.39	465.18	283.17
Net Cash Flow	4.28	-1.95	5.17	2.22	0	0
Free Cash Flow	413.94	378.88	382.31	115.17	346.8	110.33
Free Cash Flow Growth	9.25%	-0.90%	231.95%	-66.79%	214.33%	394.42%
FCF Margin	30.39%	28.12%	27.23%	8.19%	29.39%	18.42%
Free Cash Flow Per Share	0.83	0.78	0.70	0.21	0.75	0.31
Levered Free Cash Flow	123.24	1.37	138.28	-45.68	912.04	-67.25
Unlevered Free Cash Flow	306.46	151.74	487.4	335.04	593.96	-181.09

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.