RMP Energy Inc (TSE:RMP) – Analysts at Cormark decreased their Q3 2017 EPS estimates for shares of RMP Energy in a report issued on Wednesday. Cormark analyst A. Arif now anticipates that the oil and natural gas company will post earnings of ($0.02) per share for the quarter, down from their previous forecast of ($0.01). Cormark also issued estimates for RMP Energy’s Q4 2017 earnings at ($0.02) EPS, FY2017 earnings at ($0.08) EPS and FY2018 earnings at ($0.09) EPS.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/20/rmp-energy-inc-to-post-q3-2017-earnings-of-0-02-per-share-cormark-forecasts-rmp.html.

A number of other research analysts have also weighed in on the stock. Scotiabank lifted their price objective on shares of RMP Energy from C$0.70 to C$0.75 and gave the company a “sector perform” rating in a research note on Thursday, July 27th. Raymond James Financial, Inc. reduced their price objective on shares of RMP Energy from C$0.60 to C$0.40 and set an “underperform” rating for the company in a research note on Wednesday. Finally, National Bank Financial lifted their price objective on shares of RMP Energy to C$0.90 and gave the company an “outperform” rating in a research note on Monday, July 31st.

Shares of RMP Energy (TSE:RMP) opened at 0.45 on Friday. The firm’s market cap is $67.96 million. The company’s 50-day moving average price is $0.59 and its 200-day moving average price is $0.70. RMP Energy has a 12 month low of $0.44 and a 12 month high of $1.09.

RMP Energy Company Profile

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.

Earnings History and Estimates for RMP Energy (TSE:RMP)

Receive News & Stock Ratings for RMP Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMP Energy Inc and related stocks with our FREE daily email newsletter.