Atb Cap Markets Lowers Earnings Estimates for Lycos Energy

Lycos Energy Inc. (CVE:LCX) – Investment analysts at Atb Cap Markets reduced their Q2 2026 EPS estimates for shares of Lycos Energy in a research report issued to clients and investors on Thursday, July 17th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.01 for the quarter, down from their previous estimate of $0.02. 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 FY2028 earnings at ($0.01) EPS.

Several other research firms have also commented on LCX. National Bankshares lowered shares of Lycos Energy from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from C$4.75 to C$2.00 in a report on Tuesday, June 3rd. National Bank Financial raised shares of Lycos Energy to a “hold” rating in a report on Friday, May 30th. BMO Capital Markets reduced their target price on shares of Lycos Energy from C$3.50 to C$2.50 in a report on Tuesday, June 3rd. Finally, ATB Capital dropped their price target on shares of Lycos Energy from C$2.80 to C$2.25 and set an “outperform” rating for the company in a research report on Tuesday, June 3rd.

Lycos Energy Stock Performance

LCX stock opened at C$1.23 on Friday. Lycos Energy has a 52 week low of C$1.20 and a 52 week high of C$3.42. The firm’s fifty day moving average is C$1.46 and its 200 day moving average is C$1.93. The firm has a market cap of C$65.45 million and a P/E ratio of 6.47.

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.