Q3 2018 EPS Estimates for Spartan Energy Corp Reduced by Cormark (SPE)
Spartan Energy Corp (TSE:SPE) – Research analysts at Cormark decreased their Q3 2018 earnings estimates for shares of Spartan Energy Corp in a research report issued on Friday. Cormark analyst G. Ursu now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.05.
Separately, Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$3.75 target price on shares of Spartan Energy Corp in a research report on Wednesday, June 7th.
Spartan Energy Corp (SPE) opened at 6.47 on Monday. Spartan Energy Corp has a 52 week low of $1.91 and a 52 week high of $10.95. The company’s market cap is $1.14 billion. The stock has a 50 day moving average of $5.61 and a 200 day moving average of $6.53.
In other news, Director Reginald James Greenslade bought 20,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were purchased at an average price of C$6.52 per share, for a total transaction of C$130,400.00.
Spartan Energy Corp Company Profile
Spartan Energy Corp, formerly Alexander Energy Ltd is a Canada-based oil and natural gas exploration and production company with producing properties focused in Saskatchewan. The Company’s properties include Southeast Saskatchewan, West Central Saskatchewan and Alexander Alberta. The Southeast Saskatchewan property focuses on conventional Mississippian targets, primarily in the Frobisher/Alida and Midale formations.
Receive News & Ratings for Spartan Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spartan Energy Corp and related companies with MarketBeat.com's FREE daily email newsletter.