Beacon Securities Analysts Increase Earnings Estimates for Delphi Energy Corp. (DEE)
Delphi Energy Corp. (TSE:DEE) – Research analysts at Beacon Securities upped their Q3 2017 earnings per share (EPS) estimates for shares of Delphi Energy Corp. in a report released on Thursday. Beacon Securities analyst K. Wilson now expects that the company will post earnings of $0.00 per share for the quarter, up from their previous estimate of ($0.01).
A number of other analysts have also commented on the company. Raymond James Financial, Inc. dropped their price target on Delphi Energy Corp. from C$2.25 to C$2.20 and set a “strong-buy” rating for the company in a research note on Thursday, August 3rd. Stifel Nicolaus reissued an “outperform” rating and set a C$1.75 price objective on shares of Delphi Energy Corp. in a research report on Wednesday, October 18th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$1.75 price objective on shares of Delphi Energy Corp. in a research report on Wednesday, October 18th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Delphi Energy Corp. currently has a consensus rating of “Buy” and a consensus price target of C$1.84.
Delphi Energy Corp. (DEE) opened at 1.15 on Monday. The firm’s market cap is $213.21 million. Delphi Energy Corp. has a 52-week low of $0.95 and a 52-week high of $1.79. The company’s 50 day moving average is $1.18 and its 200-day moving average is $1.22.
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.
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