FY2024 EPS Estimates for TSE:KEC Increased by Analyst

Kiwetinohk Energy Corp. (TSE:KEC) – Analysts at Atb Cap Markets upped their FY2024 earnings estimates for Kiwetinohk Energy in a research report issued on Monday, January 27th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.83 per share for the year, up from their prior estimate of $0.82. 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 $0.45 EPS, Q1 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.68 EPS, FY2025 earnings at $2.15 EPS and FY2027 earnings at $1.89 EPS.

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

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 Price Performance

Shares of TSE:KEC opened at C$17.20 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 31.07. The company has a fifty day simple moving average of C$16.25 and a 200 day simple moving average of C$14.91. The firm has a market cap of C$751.12 million, a PE ratio of 36.60 and a beta of 0.29. Kiwetinohk Energy has a 12-month low of C$10.61 and a 12-month high of C$17.48.

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.