Trilogy Energy Corp (TET) Posts Quarterly Results
Trilogy Energy Corp (TSE:TET) issued its quarterly earnings data on Friday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02, American Banking News reports.
Trilogy Energy Corp (TSE:TET) opened at 27.75 on Friday. Trilogy Energy Corp has a 1-year low of $24.66 and a 1-year high of $32.38. The stock’s 50-day moving average is $28.57 and its 200-day moving average is $28.11. The company has a market cap of $3.473 billion and a price-to-earnings ratio of 173.81.
The company also recently announced a jul 14 dividend, which is scheduled for Friday, August 15th. Stockholders of record on Thursday, July 31st will be paid a dividend of $0.035 per share. This represents a dividend yield of 1.54%. The ex-dividend date is Tuesday, July 29th.
A number of research firms have recently commented on TET. Analysts at National Bank Financial upgraded shares of Trilogy Energy Corp from a “sector perform” rating to an “outperform” rating in a research note on Thursday. They now have a C$34.00 price target on the stock, up previously from C$33.00. On a related note, analysts at Barclays cut their price target on shares of Trilogy Energy Corp from C$31.00 to C$30.00 in a research note on Wednesday, July 23rd. They now have an “equal weight” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Trilogy Energy Corp from C$40.00 to C$41.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$34.68.
Trilogy Energy Corp. (TSE:TET) is a petroleum and natural gas-focused Canadian energy company.
Receive News & Ratings for Trilogy Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Energy Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.