Cormark Analysts Increase Earnings Estimates for Delphi Energy Corp. (TSE:DEE)
Delphi Energy Corp. (TSE:DEE) – Analysts at Cormark boosted their Q1 2018 earnings per share estimates for shares of Delphi Energy Corp. in a research report issued to clients and investors on Friday. Cormark analyst G. Ursu now expects that the company will earn $0.03 per share for the quarter, up from their prior estimate of $0.02. Cormark also issued estimates for Delphi Energy Corp.’s Q2 2018 earnings at $0.03 EPS, FY2018 earnings at $0.11 EPS and FY2019 earnings at $0.14 EPS.
DEE has been the subject of a number of other research reports. Raymond James Financial, Inc. upped their price target on Delphi Energy Corp. from C$2.60 to C$2.75 and gave the stock a “strong-buy” rating in a research report on Monday, June 12th. Scotiabank upgraded Delphi Energy Corp. from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$1.20 to C$1.65 in a research report on Wednesday, June 14th.
Delphi Energy Corp. (TSE:DEE) opened at 1.15 on Monday. Delphi Energy Corp. has a 52 week low of $0.87 and a 52 week high of $1.79. The firm has a 50-day moving average price of $1.19 and a 200 day moving average price of $1.36. The company’s market cap is $181.35 million.
About Delphi Energy Corp.
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.
Receive News & Ratings for Delphi Energy Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Energy Corp. and related companies with MarketBeat.com's FREE daily email newsletter.