FY2026 EPS Estimate for Rubellite Energy Reduced by Analyst

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) - Research analysts at Atb Cap Markets cut their FY2026 EPS estimates for shares of Rubellite Energy in a note issued to investors on Wednesday, August 6th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.04 per share for the year, down from their previous forecast of $0.17.

Rubellite Energy Trading Down 3.3%

TSE:RBY traded down C$0.07 on Friday, hitting C$2.03. 7,300 shares of the stock were exchanged, compared to its average volume of 27,830. The stock has a market cap of C$184.96 million, a PE ratio of 4.00 and a beta of 1.05. Rubellite Energy has a fifty-two week low of C$1.59 and a fifty-two week high of C$2.86. 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 stock has a fifty day moving average of C$1.95 and a 200-day moving average of C$1.89.

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.

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