TSE:KEC FY2024 EPS Estimate Decreased by Atb Cap Markets

Kiwetinohk Energy Corp. (TSE:KEC) – Stock analysts at Atb Cap Markets reduced their FY2024 earnings per share (EPS) estimates for Kiwetinohk Energy in a report issued on Tuesday, December 17th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.82 per share for the year, down from their previous forecast of $0.85. The consensus estimate for Kiwetinohk Energy’s current full-year earnings is $2.35 per share. Atb Cap Markets also issued estimates for Kiwetinohk Energy’s Q4 2024 earnings at $0.43 EPS, Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.41 EPS, FY2026 earnings at $2.51 EPS and FY2027 earnings at $1.36 EPS.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.73 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.42 by C$0.31. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. The firm had revenue of C$116.71 million during the quarter, compared to analysts’ expectations of C$117.00 million.

Separately, BMO Capital Markets lifted their price target on shares of Kiwetinohk Energy from C$20.00 to C$21.00 in a research note on Friday, December 13th.

Kiwetinohk Energy Trading Up 0.3 %

TSE KEC opened at C$15.65 on Friday. The stock has a market cap of C$683.44 million, a P/E ratio of 33.30 and a beta of 0.29. The company’s fifty day simple moving average is C$15.32 and its 200-day simple moving average is C$14.20. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 31.07. Kiwetinohk Energy has a 52 week low of C$10.61 and a 52 week high of C$16.31.

Kiwetinohk Energy Company Profile

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.