FY2026 EPS Estimates for TSE:RBY Cut by Atb Cap Markets

Key Points

• Rubellite Energy's FY2026 EPS estimates have been revised down by Atb Cap Markets from $0.17 to $0.04 per share, reflecting a significant decrease in their earnings forecast.
• The company's stock, trading on the Toronto Stock Exchange under TSE:RBY, closed down 3.3% at C$2.03, with a market cap of C$184.96 million and a PE ratio of 4.00.
• Rubellite Energy focuses on Clearwater oil exploration and development using multi-lateral horizontal drilling technology, aiming to leverage high returns at current market prices for Western Canadian Select crude oil.

Rubellite Energy Inc. (TSE:RBY - Free Report) - Investment analysts at Atb Cap Markets dropped their FY2026 earnings per share estimates for shares of Rubellite Energy in a report issued on Wednesday, August 6th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.04 for the year, down from their previous estimate of $0.17.

Rubellite Energy Price Performance

TSE:RBY traded up C$0.04 during trading hours on Friday, hitting C$2.10. 200,573 shares of the stock were exchanged, compared to its average volume of 30,580. The company has a current ratio of 0.46, a quick ratio of 1.21 and a debt-to-equity ratio of 38.92. The firm's fifty day moving average price is C$1.97 and its 200 day moving average price is C$1.89. The company has a market cap of C$191.33 million, a P/E ratio of 4.14 and a beta of 1.05. Rubellite Energy has a 52-week low of C$1.59 and a 52-week high of C$2.86.

About Rubellite Energy

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.