Trilogy Energy Corp (TET) Set to Announce Earnings on Wednesday
Trilogy Energy Corp (TSE:TET) will release its earnings data after the market closes on Wednesday, August 2nd. Analysts expect Trilogy Energy Corp to post earnings of ($0.05) per share for the quarter.
Shares of Trilogy Energy Corp (TSE:TET) opened at 5.31 on Wednesday. Trilogy Energy Corp has a one year low of $4.30 and a one year high of $8.33. The firm’s market cap is $669.62 million. The company has a 50-day moving average of $4.88 and a 200 day moving average of $5.36.
Several equities research analysts recently issued reports on the company. Royal Bank Of Canada dropped their price target on Trilogy Energy Corp from C$7.00 to C$5.00 in a research report on Thursday, July 20th. Scotiabank lowered Trilogy Energy Corp from a “sector perform” rating to a “tender” rating and set a C$6.00 price target on the stock. in a research report on Monday, July 10th. TD Securities upped their price target on Trilogy Energy Corp from C$5.00 to C$5.50 and gave the company a “hold” rating in a research report on Tuesday, May 9th. Laurentian Bank of Canada upped their price target on Trilogy Energy Corp from C$7.00 to C$8.00 in a research report on Friday, July 7th. Finally, Raymond James Financial, Inc. upped their price target on Trilogy Energy Corp from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research report on Tuesday, May 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of C$6.63.
About Trilogy Energy Corp
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.
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