RMP Energy Inc (RMP) Set to Announce Quarterly Earnings on Monday
RMP Energy Inc (TSE:RMP) is scheduled to be releasing its earnings data on Monday, August 14th. Analysts expect RMP Energy to post earnings of ($0.02) per share for the quarter.
RMP Energy (TSE:RMP) last issued its quarterly earnings data on Monday, May 15th. The oil and natural gas company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.01. The company had revenue of $9.46 million for the quarter, compared to the consensus estimate of $10.50 million. RMP Energy had a negative net margin of 31.86% and a negative return on equity of 4.46%.
Shares of RMP Energy Inc (TSE RMP) traded down 1.72% on Thursday, hitting $0.57. The company’s stock had a trading volume of 23,500 shares. The stock’s 50-day moving average price is $0.60 and its 200-day moving average price is $0.71. RMP Energy Inc has a 52 week low of $0.52 and a 52 week high of $1.09. The firm’s market cap is $86.08 million.
Several research analysts recently issued reports on RMP shares. Scotiabank lifted their target price on RMP Energy from C$0.70 to C$0.75 and gave the company a “sector perform” rating in a research report on Thursday, July 27th. National Bank Financial lifted their target price on RMP Energy to C$0.90 and gave the company an “outperform” rating in a research report on Monday, July 31st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of C$1.12.
About RMP Energy
RMP Energy Inc engages in the exploration, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin, primarily in the province of Alberta, Canada. It holds natural gas operations at Kaybob and Gilby, as well as develops Montney light oil assets in West Central Alberta.
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