Beacon Securities Weighs in on Delphi Energy Corp.’s FY2017 Earnings (DEE)
Delphi Energy Corp. (TSE:DEE) – Investment analysts at Beacon Securities raised their FY2017 earnings per share estimates for shares of Delphi Energy Corp. in a research note issued on Wednesday. Beacon Securities analyst K. Wilson now expects that the company will earn $0.06 per share for the year, up from their prior estimate of $0.05. Beacon Securities also issued estimates for Delphi Energy Corp.’s Q4 2017 earnings at $0.02 EPS.
DEE has been the topic of several other research reports. Scotiabank restated an “underperform” rating and issued a C$1.20 target price on shares of Delphi Energy Corp. in a research note on Wednesday, May 3rd. Raymond James Financial, Inc. set a C$2.75 target price on Delphi Energy Corp. and gave the company a “strong-buy” rating in a research note on Thursday, March 16th.
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Shares of Delphi Energy Corp. (DEE) opened at 1.17 on Friday. The company’s market cap is $184.51 million. Delphi Energy Corp. has a 1-year low of $0.87 and a 1-year high of $1.79. The stock has a 50 day moving average price of $1.28 and a 200-day moving average price of $1.44.
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.
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