Delphi Energy Corp. to Post Q1 2017 Earnings of ($0.01) Per Share, Beacon Securities Forecasts (DEE)

Delphi Energy Corp. (TSE:DEE) – Stock analysts at Beacon Securities issued their Q1 2017 earnings estimates for shares of Delphi Energy Corp. in a research report issued to clients and investors on Friday. Beacon Securities analyst K. Wilson expects that the firm will post earnings per share of ($0.01) for the quarter. Beacon Securities also issued estimates for Delphi Energy Corp.’s Q2 2017 earnings at ($0.01) EPS, Q3 2017 earnings at $0.00 EPS, Q4 2017 earnings at $0.02 EPS and FY2017 earnings at $0.01 EPS.

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

Several other research firms also recently weighed in on DEE. Raymond James Financial, Inc. set a C$2.75 target price on shares of Delphi Energy Corp. and gave the company a “strong-buy” rating in a report on Thursday, March 16th. Scotiabank reiterated an “underperform” rating and issued a C$1.30 target price on shares of Delphi Energy Corp. in a report on Friday, February 17th. Finally, GMP Securities downgraded shares of Delphi Energy Corp. from a “buy” rating to a “hold” rating in a report on Thursday, December 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$1.65.

Delphi Energy Corp. (TSE:DEE) opened at 1.26 on Monday. The company’s market capitalization is $195.93 million. Delphi Energy Corp. has a 52 week low of $0.72 and a 52 week high of $1.79. The firm has a 50-day moving average price of $1.51 and a 200-day moving average price of $1.33.

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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