Kiwetinohk Energy Corp. (TSE:KEC – Get Free Report)’s share price rose 0.4% during trading on Wednesday . The company traded as high as C$13.75 and last traded at C$13.75. Approximately 100 shares changed hands during trading, a decline of 99% from the average daily volume of 7,030 shares. The stock had previously closed at C$13.70.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets lifted their price target on Kiwetinohk Energy from C$17.00 to C$18.00 in a report on Friday, August 2nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$20.17.
Read Our Latest Stock Analysis on KEC
Kiwetinohk Energy Stock Performance
Kiwetinohk Energy (TSE:KEC – Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported C$0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.54 by C$0.01. The firm had revenue of C$112.40 million for the quarter, compared to analyst estimates of C$124.70 million. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. On average, equities analysts forecast that Kiwetinohk Energy Corp. will post 2.6595745 EPS for the current year.
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.
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