FY2018 EPS Estimates for Delphi Energy Corp. Reduced by Analyst (DEE)

Delphi Energy Corp. (TSE:DEE) – Research analysts at Beacon Securities lowered their FY2018 earnings per share (EPS) estimates for shares of Delphi Energy in a note issued to investors on Thursday. Beacon Securities analyst K. Wilson now expects that the company will earn $0.00 per share for the year, down from their previous forecast of $0.01. Beacon Securities also issued estimates for Delphi Energy’s FY2019 earnings at $0.00 EPS.

DEE has been the subject of several other reports. Scotiabank decreased their target price on shares of Delphi Energy from C$1.50 to C$1.40 and set a “sector perform” rating for the company in a research note on Thursday. GMP Securities upped their target price on shares of Delphi Energy from C$1.40 to C$1.50 in a research note on Monday, November 13th. Finally, Raymond James Financial decreased their target price on shares of Delphi Energy from C$1.80 to C$1.75 in a research note on Thursday.

Delphi Energy (TSE DEE) opened at C$0.90 on Monday. The firm has a market cap of $166.99, a price-to-earnings ratio of 22.50 and a beta of 1.82. Delphi Energy has a 52 week low of C$0.85 and a 52 week high of C$1.57.

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Delphi Energy Company Profile

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.

Earnings History and Estimates for Delphi Energy (TSE:DEE)

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