10:23 AM EDT, 07/02/2024 (MT Newswires) -- Tamarack Valley Energy ( TNEYF ) 's Investor Day focused primarily on Clearwater and Charlie Lake technical presentations, plus a review of its existing five-year plan, RBC Capital Markets noted in a Tuesday note.

RBC said Tamarack's guidance remained unchanged and still includes 3-5% annual growth.

"With material M&A behind it, field execution of several 'clean' quarters is what we expect will support a higher valuation," RBC said.

Tamarack's share price rose more than 2% at last look in TSX to $3.81.