New Stratus Energy Inc. (CVE:NSE - Free Report) - Equities researchers at Ventum Cap Mkts lowered their Q3 2024 earnings estimates for shares of New Stratus Energy in a research note issued to investors on Monday, November 25th. Ventum Cap Mkts analyst A. Gill now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their previous forecast of $0.01. Ventum Cap Mkts currently has a "Strong-Buy" rating on the stock. The consensus estimate for New Stratus Energy's current full-year earnings is $0.44 per share. Ventum Cap Mkts also issued estimates for New Stratus Energy's Q1 2025 earnings at $0.08 EPS, Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.12 EPS and FY2025 earnings at $0.40 EPS.
Separately, Cormark raised shares of New Stratus Energy to a "moderate buy" rating in a report on Monday, September 23rd.
View Our Latest Research Report on New Stratus Energy
New Stratus Energy Stock Performance
NSE traded up C$0.01 during midday trading on Wednesday, reaching C$0.69. The company had a trading volume of 63,500 shares, compared to its average volume of 147,178. New Stratus Energy has a 12-month low of C$0.41 and a 12-month high of C$0.84. The business has a 50-day moving average price of C$0.51 and a two-hundred day moving average price of C$0.52. The stock has a market cap of C$86.79 million, a PE ratio of -8.50 and a beta of 1.17.
Insider Activity at New Stratus Energy
In other New Stratus Energy news, Director Marino Ostos Rosales sold 216,500 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$0.46, for a total transaction of C$99,806.50. In the last three months, insiders have sold 238,436 shares of company stock worth $110,235. Company insiders own 9.36% of the company's stock.
New Stratus Energy Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider New Stratus Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New Stratus Energy wasn't on the list.
While New Stratus Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
