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

Delphi Energy Corp. (TSE:DEE) – Equities research analysts at Beacon Securities issued their Q1 2017 earnings per share estimates for Delphi Energy Corp. in a research report issued on Friday. Beacon Securities analyst K. Wilson anticipates that the brokerage will post earnings of ($0.01) per share 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)

Other equities research analysts have also issued research reports about the stock. Raymond James Financial, Inc. increased their price objective on shares of Delphi Energy Corp. from C$2.35 to C$2.75 in a research report on Thursday, January 12th. GMP Securities lowered shares of Delphi Energy Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, December 8th. Finally, Scotiabank reissued an “underperform” rating and issued a C$1.30 price objective on shares of Delphi Energy Corp. in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of C$1.65.

Delphi Energy Corp. (TSE:DEE) opened at 1.26 on Monday. The firm’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 company 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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