National Bank Financial Analysts Reduce Earnings Estimates for Xtreme Drilling Corp (XDC)
Xtreme Drilling Corp (TSE:XDC) – National Bank Financial decreased their FY2018 earnings per share (EPS) estimates for Xtreme Drilling Corp in a report released on Tuesday. National Bank Financial analyst G. Colman now forecasts that the company will earn $0.00 per share for the year, down from their previous forecast of $0.03. National Bank Financial currently has a “Sector Perform” rating and a $2.75 target price on the stock.
Separately, Seaport Global Securities downgraded Xtreme Drilling Corp from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st.
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Xtreme Drilling Corp (TSE XDC) traded down 1.33% during mid-day trading on Thursday, hitting $2.23. 1,200 shares of the stock were exchanged. The firm’s market cap is $166.58 million. The company has a 50 day moving average of $2.05 and a 200 day moving average of $2.14. Xtreme Drilling Corp has a 12-month low of $1.67 and a 12-month high of $3.05.
Xtreme Drilling Corp Company Profile
Xtreme Drilling Corp, formerly Xtreme Drilling and Coil Services Corp, is a Canada-based company engaged in the oil and gas drilling industry. The Company’s segments are Drilling Services, Coil Services and Corporate and Other. The Drilling Services segment operates a fleet of drilling rigs contracted with oil and natural gas exploration, and production companies and oilfield service providers.
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