Trilogy Energy Corp (TSE:TET) – Equities research analysts at Beacon Securities boosted their Q2 2017 earnings per share (EPS) estimates for shares of Trilogy Energy Corp in a research note issued to investors on Tuesday. Beacon Securities analyst K. Wilson now anticipates that the company will post earnings of ($0.07) per share for the quarter, up from their previous forecast of ($0.08). Beacon Securities also issued estimates for Trilogy Energy Corp’s Q4 2017 earnings at ($0.02) EPS, FY2017 earnings at ($0.08) EPS and FY2018 earnings at ($0.18) EPS.

Several other research firms have also recently issued reports on TET. National Bank Financial reiterated a “sector perform” rating and issued a C$7.50 price objective on shares of Trilogy Energy Corp in a research report on Wednesday, January 18th. Scotiabank reiterated a “sector perform” rating and issued a C$7.50 price objective on shares of Trilogy Energy Corp in a research report on Wednesday, January 18th. TD Securities reiterated a “hold” rating and issued a C$7.50 price objective on shares of Trilogy Energy Corp in a research report on Wednesday, January 18th. GMP Securities increased their price objective on Trilogy Energy Corp from C$7.25 to C$7.75 in a research report on Wednesday, January 18th. Finally, Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$12.00 price objective on shares of Trilogy Energy Corp in a research report on Wednesday, January 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of C$6.75.

Earnings History and Estimates for Trilogy Energy Corp (TSE:TET)

COPYRIGHT VIOLATION WARNING: “Research Analysts Issue Forecasts for Trilogy Energy Corp’s Q2 2017 Earnings (TET)” was reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.americanbankingnews.com/2017/05/12/research-analysts-issue-forecasts-for-trilogy-energy-corps-q2-2017-earnings-tet-2.html.

Trilogy Energy Corp (TSE:TET) opened at 5.21 on Friday. The stock’s market capitalization is $668.09 million. The stock’s 50 day moving average is $4.85 and its 200 day moving average is $6.05. Trilogy Energy Corp has a 12-month low of $4.30 and a 12-month high of $8.33.

Trilogy Energy Corp Company Profile

Trilogy Energy Corp. is a Canada-based petroleum and natural gas-focused energy company. The Company acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. The Company’s oil and gas properties are located in the Kaybob area and Grande Prairie area of Alberta. Its Kaybob area properties include Kaybob Montney Oil Pool Development, Presley Montney Gas Development, Duvernay Shale Oil and Gas Development, Gething Oil Development and Dunvegan Oil Play.

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 MarketBeat.com's FREE daily email newsletter.