Atb Cap Markets Forecasts Higher Earnings for Lycos Energy

Lycos Energy Inc. (CVE:LCX - Free Report) - Atb Cap Markets raised their Q2 2025 earnings per share estimates for Lycos Energy in a report released on Thursday, July 17th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.03 per share for the quarter, up from their prior estimate of $0.01. The consensus estimate for Lycos Energy's current full-year earnings is $0.50 per share. Atb Cap Markets also issued estimates for Lycos Energy's FY2025 earnings at $0.07 EPS.

A number of other brokerages have also recently issued reports on LCX. National Bank Financial upgraded Lycos Energy to a "hold" rating in a research note on Friday, May 30th. BMO Capital Markets cut their price target on shares of Lycos Energy from C$3.50 to C$2.50 in a report on Tuesday, June 3rd. National Bankshares cut shares of Lycos Energy from an "outperform" rating to a "sector perform" rating and cut their price target for the company from C$4.75 to C$2.00 in a report on Tuesday, June 3rd. Finally, ATB Capital cut their price target on shares of Lycos Energy from C$2.80 to C$2.25 and set an "outperform" rating on the stock in a report on Tuesday, June 3rd.

Lycos Energy Trading Up 0.8%

CVE:LCX traded up C$0.01 during trading hours on Monday, reaching C$1.24. 1,325 shares of the company traded hands, compared to its average volume of 59,978. The business's 50-day moving average price is C$1.42 and its two-hundred day moving average price is C$1.89. The stock has a market capitalization of C$65.98 million and a P/E ratio of 6.53. Lycos Energy has a 1 year low of C$1.20 and a 1 year high of C$3.42.

Lycos Energy Company Profile

Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.