Equal Energy (ENT) Releases Quarterly Earnings Results, Misses Expectations By $1.22 EPS
Equal Energy (NYSE:ENT) issued its quarterly earnings data on Tuesday. The company reported ($1.19) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $1.22, American Banking News reports.
A number of research firms have recently commented on ENT. Analysts at Imperial Capital raised their price target on shares of Equal Energy from $16.00 to $22.00 in a research note on Tuesday, March 25th. They now have an “outperform” rating on the stock. Analysts at Dougherty & Co raised their price target on shares of Equal Energy from $20.50 to $22.00 in a research note on Monday, March 3rd. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $22.00.
Equal Energy (NYSE:ENT) opened at 11.82 on Tuesday. Equal Energy has a 52 week low of $7.82 and a 52 week high of $18.48. The stock’s 50-day moving average is $16.19 and its 200-day moving average is $14.22. The company’s market cap is $850.8 million.
Equal Energy Ltd. (NYSE:ENT) is an exploration and production company with oil and gas properties located principally in Alberta, and Oklahoma.
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