Is Trilogy Energy Corp’s Fuel Running Low? The Stock Just Declined Again

 Is Trilogy Energy Corp's Fuel Running Low? The Stock Just Declined Again

The stock of Trilogy Energy Corp (TSE:TET) is a huge mover today! About 76,830 shares traded hands. Trilogy Energy Corp (TSE:TET) has risen 86.53% since April 1, 2016 and is uptrending. It has outperformed by 84.58% the S&P500.
The move comes after 9 months negative chart setup for the $827.24M company. It was reported on Nov, 8 by We have $5.98 PT which if reached, will make TSE:TET worth $66.18 million less.

Trilogy Energy Corp (TSE:TET) Ratings Coverage

Out of 8 analysts covering Trilogy Energy Corp (TSE:TET), 1 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 13% are positive. $11.50 is the highest target while $3.75 is the lowest. The $6.22 average target is -4.31% below today’s ($6.5) stock price. Trilogy Energy Corp has been the topic of 26 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by National Bank Canada given on Thursday, November 26. The stock has “Sector Perform” rating given by RBC Capital Markets on Monday, October 31. Dundee Securities downgraded it to “Neutral” rating and $4 target price in Tuesday, January 12 report. IBC initiated it with “Sector Perform” rating and $5.25 target price in Wednesday, June 15 report. The rating was upgraded by GMP Securities on Friday, November 20 to “Hold”. The rating was maintained by Raymond James on Monday, June 6 with “”.

More important recent Trilogy Energy Corp (TSE:TET) news were published by: which released: “Trilogy Energy Corp. Announces Financial and Operating Results for the Nine …” on November 07, 2016, also published article titled: “Trilogy Energy Corp. Announces Crude Oil Emulsion Release in Kaybob Area”, published: “Trilogy Energy Corp. Announces Financial and Operating Results for the Six …” on August 04, 2016. More interesting news about Trilogy Energy Corp (TSE:TET) was released by: and their article: “Trilogy Energy Corp. Completes Sale of Certain Duvernay Assets for US$85 Million” with publication date: November 19, 2015.

Trilogy Energy Corp. is a Canada-based petroleum and natural gas-focused energy company. The company has a market cap of $827.24 million. The Firm acquires, develops, produces and sells crude oil, natural gas and natural gas liquids. It currently has negative earnings. The Company’s gas and oil properties are located in the Kaybob area and Grande Prairie area of Alberta.

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