Analysts Anticipate TransAtlantic Petroleum Ltd (TAT) Will Post Earnings of -$0.02 Per Share
Wall Street analysts expect TransAtlantic Petroleum Ltd (NYSE:TAT) (TSE:TNP) to announce earnings per share of ($0.02) for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for TransAtlantic Petroleum’s earnings. TransAtlantic Petroleum posted earnings per share of ($0.09) during the same quarter last year, which would indicate a positive year-over-year growth rate of 77.8%. The business is scheduled to report its next quarterly earnings report on Wednesday, August 9th.
On average, analysts expect that TransAtlantic Petroleum will report full-year earnings of ($0.08) per share for the current year. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for TransAtlantic Petroleum.
Separately, TD Securities lowered shares of TransAtlantic Petroleum from a “buy” rating to a “hold” rating in a research note on Sunday, May 14th.
COPYRIGHT VIOLATION NOTICE: “Analysts Anticipate TransAtlantic Petroleum Ltd (TAT) Will Post Earnings of -$0.02 Per Share” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/08/02/analysts-anticipate-transatlantic-petroleum-ltd-tat-will-post-earnings-of-0-02-per-share.html.
An institutional investor recently bought a new position in TransAtlantic Petroleum stock. SVA Plumb Wealth Management LLC acquired a new stake in shares of TransAtlantic Petroleum Ltd (NYSE:TAT) (TSE:TNP) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 136,294 shares of the oil and natural gas company’s stock, valued at approximately $191,000. SVA Plumb Wealth Management LLC owned approximately 0.29% of TransAtlantic Petroleum at the end of the most recent quarter.
Shares of TransAtlantic Petroleum (NYSE:TAT) opened at 1.05 on Wednesday. The stock’s 50 day moving average is $1.14 and its 200 day moving average is $1.25. The firm’s market capitalization is $49.33 million. TransAtlantic Petroleum has a 12 month low of $0.71 and a 12 month high of $1.68.
TransAtlantic Petroleum Company Profile
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for TransAtlantic Petroleum Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAtlantic Petroleum Ltd and related companies with MarketBeat.com's FREE daily email newsletter.