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Atb Cap Markets Weighs in on Kiwetinohk Energy Corp.'s FY2024 Earnings (TSE:KEC)

Kiwetinohk Energy logo with Energy background

Kiwetinohk Energy Corp. (TSE:KEC - Free Report) - Equities researchers at Atb Cap Markets reduced their FY2024 earnings per share estimates for Kiwetinohk Energy in a research note issued on Sunday, September 29th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.51 per share for the year, down from their prior forecast of $0.56. The consensus estimate for Kiwetinohk Energy's current full-year earnings is $2.65 per share. Atb Cap Markets also issued estimates for Kiwetinohk Energy's Q4 2024 earnings at $0.43 EPS, Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.58 EPS, Q4 2025 earnings at $0.69 EPS and FY2025 earnings at $2.35 EPS.

Kiwetinohk Energy (TSE:KEC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.55 EPS for the quarter, beating analysts' consensus estimates of C$0.54 by C$0.01. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. The firm had revenue of C$112.40 million for the quarter, compared to analyst estimates of C$124.70 million.

Separately, BMO Capital Markets upped their target price on shares of Kiwetinohk Energy from C$17.00 to C$18.00 in a report on Friday, August 2nd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$20.17.

Check Out Our Latest Stock Report on Kiwetinohk Energy

Kiwetinohk Energy Price Performance

KEC traded up C$0.12 during trading on Tuesday, hitting C$14.10. 1,625 shares of the stock traded hands, compared to its average volume of 7,003. The business has a 50 day moving average price of C$13.83 and a 200 day moving average price of C$13.03. The company has a market cap of C$615.75 million, a price-to-earnings ratio of 29.74 and a beta of 0.32. Kiwetinohk Energy has a twelve month low of C$10.61 and a twelve month high of C$14.93. The company has a debt-to-equity ratio of 31.07, a current ratio of 0.68 and a quick ratio of 0.48.

About Kiwetinohk Energy

(Get Free Report)

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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Earnings History and Estimates for Kiwetinohk Energy (TSE:KEC)

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