FY2024 EPS Estimates for Lycos Energy Cut by Atb Cap Markets

Lycos Energy Inc. (CVE:LCX) – Equities researchers at Atb Cap Markets lowered their FY2024 earnings per share estimates for shares of Lycos Energy in a research report issued on Tuesday, January 7th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.30 per share for the year, down from their prior estimate of $0.31. 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 Q4 2024 earnings at $0.07 EPS, Q1 2025 earnings at $0.08 EPS and Q3 2025 earnings at $0.10 EPS.

Separately, National Bankshares lowered their target price on Lycos Energy from C$9.00 to C$7.50 in a report on Friday, September 27th.

Lycos Energy Stock Performance

CVE:LCX opened at C$2.53 on Thursday. The stock has a market capitalization of C$134.62 million and a P/E ratio of 13.32. Lycos Energy has a fifty-two week low of C$2.34 and a fifty-two week high of C$3.83. The company has a 50 day moving average price of C$2.70 and a 200 day moving average price of C$2.96.

About Lycos Energy

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.