Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Coelacanth Energy, Inc. ( (TSE:CEI) ) has issued an update.
Coelacanth Energy Inc. announced its Q2 2025 financial results, showing a significant increase in oil and natural gas sales by 53% compared to the previous year. Despite this, the company reported a net loss, largely due to increased capital expenditures aimed at expanding its infrastructure and drilling operations. The company has made substantial progress in its operations, including successful drilling and testing at its Two Rivers sites and the completion of infrastructure capable of handling significant production volumes. Wells from the 5-19 pad have exceeded expectations, and the company plans to bring all wells into production by October 2025, which is expected to enhance its operational efficiency and market positioning.
The most recent analyst rating on (TSE:CEI) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Coelacanth Energy, Inc. stock, see the TSE:CEI Stock Forecast page.
Spark’s Take on TSE:CEI Stock
According to Spark, TipRanks’ AI Analyst, TSE:CEI is a Neutral.
Coelacanth Energy, Inc. faces significant financial challenges, with inconsistent revenue growth and negative profitability metrics being the most impactful factors. Technical indicators suggest neutral market momentum, while valuation metrics are unattractive due to a negative P/E ratio and no dividend yield. These factors collectively result in a below-average stock score.
To see Spark’s full report on TSE:CEI stock, click here.
More about Coelacanth Energy, Inc.
Coelacanth Energy Inc. operates in the oil and natural gas industry, focusing on the exploration and production of hydrocarbons. The company is involved in developing infrastructure and drilling operations, particularly in the Montney formation, which is a significant area for natural gas and oil production in Canada.
Average Trading Volume: 49,350
Technical Sentiment Signal: Sell
Current Market Cap: C$431.6M
For a thorough assessment of CEI stock, go to TipRanks’ Stock Analysis page.