Beacon Securities Comments on Delphi Energy Corp.’s Q4 2017 Earnings (DEE)

Delphi Energy Corp. (TSE:DEE) – Equities research analysts at Beacon Securities issued their Q4 2017 earnings per share estimates for shares of Delphi Energy in a research note issued on Wednesday. Beacon Securities analyst K. Wilson forecasts that the company will post earnings per share of $0.01 for the quarter.

A number of other equities research analysts also recently weighed in on the company. GMP Securities lifted their target price on Delphi Energy from C$1.40 to C$1.50 in a report on Monday, November 13th. Stifel Nicolaus reissued an “outperform” rating and set a C$1.75 target price on shares of Delphi Energy in a report on Wednesday, October 18th. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$1.75 target price on shares of Delphi Energy in a report on Wednesday, October 18th.

Shares of Delphi Energy (TSE DEE) opened at C$1.02 on Thursday. Delphi Energy has a twelve month low of C$0.98 and a twelve month high of C$1.79. The firm has a market capitalization of $191.03, a price-to-earnings ratio of -10.20 and a beta of 1.94.

Delphi Energy (TSE:DEE) last posted its earnings results on Wednesday, November 8th. The company reported C($0.02) earnings per share for the quarter. Delphi Energy had a negative return on equity of 7.48% and a negative net margin of 16.14%.

In other news, insider Michael Galvin sold 25,000 shares of Delphi Energy stock in a transaction on Friday, November 17th. The stock was sold at an average price of C$1.21, for a total transaction of C$30,250.00. Insiders have bought 18,000 shares of company stock valued at $21,110 in the last three months.

ILLEGAL ACTIVITY WARNING: “Beacon Securities Comments on Delphi Energy Corp.’s Q4 2017 Earnings (DEE)” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/01/18/beacon-securities-comments-on-delphi-energy-corp-s-q4-2017-earnings-dee.html.

About Delphi Energy

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)

Receive News & Ratings for Delphi Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply