Cormark Brokers Lower Earnings Estimates for Delphi Energy Corp. (DEE)
Delphi Energy Corp. (TSE:DEE) – Cormark decreased their Q3 2017 earnings per share estimates for shares of Delphi Energy Corp. in a report released on Friday. Cormark analyst G. Ursu now expects that the company will post earnings per share of $0.00 for the quarter, down from their previous estimate of $0.01. Cormark also issued estimates for Delphi Energy Corp.’s FY2017 earnings at $0.10 EPS, Q3 2018 earnings at $0.02 EPS, Q4 2018 earnings at $0.02 EPS and FY2019 earnings at $0.13 EPS.
Several other research analysts have also recently issued reports on the stock. BMO Capital Markets restated an “outperform” rating and issued a C$1.75 target price on shares of Delphi Energy Corp. in a report on Wednesday, October 18th. Stifel Nicolaus restated an “outperform” rating and issued a C$1.75 target price on shares of Delphi Energy Corp. in a report on Wednesday, October 18th. Finally, Raymond James Financial, Inc. cut their target price on shares of Delphi Energy Corp. from C$2.25 to C$2.20 and set a “strong-buy” rating on the stock in a report on Thursday, August 3rd. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Delphi Energy Corp. has a consensus rating of “Buy” and a consensus price target of C$1.84.
TRADEMARK VIOLATION WARNING: “Cormark Brokers Lower Earnings Estimates for Delphi Energy Corp. (DEE)” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://theolympiareport.com/2017/10/31/cormark-brokers-lower-earnings-estimates-for-delphi-energy-corp-dee.html.
Shares of Delphi Energy Corp. (TSE:DEE) opened at 1.18 on Monday. The company’s market capitalization is $218.77 million. The stock has a 50 day moving average of $1.18 and a 200-day moving average of $1.21. Delphi Energy Corp. has a 1-year low of $0.95 and a 1-year high of $1.79.
Delphi Energy Corp. Company Profile
Delphi Energy Corp. (Delphi) is a Canada-based company engaged in the acquisition for and exploration, development and production of crude oil, natural gas and natural gas liquids in western Canada. The Company’s operations are principally concentrated in Northwest Alberta at Bigstone, which is in the Deep Basin of Northwest Alberta.
Receive News & Ratings for Delphi Energy Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Energy Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.