Ventum Cap Mkts upgraded shares of New Stratus Energy (CVE:NSE – Free Report) to a strong-buy rating in a report published on Wednesday morning, Zacks.com reports.
Separately, Cormark increased their price target on shares of New Stratus Energy from C$1.50 to C$1.75 in a research report on Wednesday, May 15th.
Check Out Our Latest Research Report on NSE
New Stratus Energy Trading Down 4.3 %
New Stratus Energy (CVE:NSE – Get Free Report) last posted its quarterly earnings results on Thursday, May 30th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.02). Equities research analysts expect that New Stratus Energy will post 0.3695652 EPS for the current year.
New Stratus Energy Company Profile
New Stratus Energy Inc engages in the acquisition, exploration, and development of oil and gas properties principally in Latin America. It has a farm-in agreement to acquire 100% interests in Block VMM-18 located in Cuenca Valle Medio del Magdalena, Colombia; and operates Blocks 16 and 67 oil consortiums located in Ecuador.
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