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Rubellite Energy: Stocks Analysts Recently Downgraded on TSX (RBY)

AI-generated - The Globe and Mail - Tue Jun 18, 2:25AM CDT

Rubellite Energy Inc is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.

This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.

Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
TRPTC Energy Corp3370003.69233.7857Outperform
PPLPembina Pipeline Corp6030004.33334.4Outperform
KEYKeyera Corp3060003.66673.7273Outperform
PSKPrairieSky Royalty Ltd2060003.53.6667Hold
POUParamount Resources Ltd4120004.28574.375Outperform
BTEBaytex Energy Corp6020004.54.5556Outperform
PEYPeyto Exploration & Development Corp5040004.11114.2Outperform
SESSecure Energy Services Inc4220004.254.3333Outperform
ATHAthabasca Oil Corp4030004.14294.25Outperform
NVANuVista Energy Ltd5130004.22224.3Outperform
VETVermilion Energy Inc5130004.22224.3Outperform
IPCOInternational Petroleum Corp20200044.2Outperform
HWXHeadwater Exploration Inc4110004.54.5714Outperform
AAVAdvantage Energy Ltd22200044.25Outperform
CJCardinal Energy Ltd1040003.43.6667Hold
TCWTrican Well Service Ltd4130004.1254.2222Outperform
EFXEnerflex Ltd5130004.22224.3Outperform
OBEObsidian Energy Ltd2010004.33334.5Outperform
CRCrew Energy Inc33300044.1Outperform
KECKiwetinohk Energy Corp4110004.54.5714Outperform
DIVDiversified Royalty Corp12100044.2Outperform
CETCathedral Energy Services Ltd3100004.754.8Buy
BNEBonterra Energy Corp2010004.33334.5Outperform
JOYJourney Energy Inc2110004.254.4Outperform
RBYRubellite Energy Inc2100004.66674.75Buy

All data provided as of June 13, 2024.

More about Rubellite Energy Inc

Rubellite Energy Inc is a Canadian energy company. The company is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta, The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Rubellite Energy Inc is listed under RBY on the Toronto Stock Exchange.

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