Should I buy or sell Rubellite Energy stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rubellite Energy in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RBY shares. View RBY analyst ratings or view top-rated stocks .

What is Rubellite Energy's stock price target for 2024?

3 Wall Street analysts have issued 1-year target prices for Rubellite Energy's stock. Their RBY share price targets range from C$3.25 to C$4.50. On average, they anticipate the company's share price to reach C$3.84 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View analysts price targets for RBY or view top-rated stocks among Wall Street analysts .

How have RBY shares performed in 2024?

Rubellite Energy's stock was trading at C$2.01 on January 1st, 2024. Since then, RBY shares have increased by 39.8% and is now trading at C$2.81. View the best growth stocks for 2024 here .

When is Rubellite Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our RBY earnings forecast .

How were Rubellite Energy's earnings last quarter?

Rubellite Energy Inc. (TSE:RBY) released its quarterly earnings results on Thursday, March, 14th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The company earned $27.22 million during the quarter. Rubellite Energy had a trailing twelve-month return on equity of 10.35% and a net margin of 23.07%.

How do I buy shares of Rubellite Energy?

Shares of RBY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:RBY

Rubellite Energy (RBY) Stock Price, News & Analysis

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Free RBY Stock Alerts

C$2.81

-0.04 (-1.40%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$2.79
▼
C$2.89
50-Day Range: C$2.20
▼
C$2.88
52-Week Range: C$1.58
▼
C$2.93

Volume: 13,211 shs
Average Volume: 27,418 shs
Market Capitalization: C$175.51 million

P/E Ratio: 9.37
Dividend Yield: N/A
Price Target: C$3.84

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Rubellite Energy alerts:

Rubellite Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 36.6% Upside
C$3.84 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.57
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.83 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Rubellite Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Rubellite Energy has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RBY.

0.0

Dividend Strength

Dividend Yield
Rubellite Energy does not currently pay a dividend.
Dividend Growth
Rubellite Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBY.

2.5

News and Social Media Coverage

News Sentiment
Rubellite Energy has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Rubellite Energy this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rubellite Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
36.65% of the stock of Rubellite Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.40% of the stock of Rubellite Energy is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rubellite Energy is 9.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rubellite Energy is 9.37, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 99.60.
Price to Book Value per Share Ratio
Rubellite Energy has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Rubellite Energy Stock (TSE:RBY)

Rubellite Energy Inc. engages in the exploration, development, production, and sale of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company was incorporated in 2021 and is headquartered in Calgary, Canada. Rubellite Energy Inc. is a subsidiary of Perpetual Energy Inc.

RBY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RBY Stock News Headlines

April 12, 2024 | msn.com

We Energies customers would pay about 15% more for electricity by 2026 under new rate proposal. Here's why rates would go up.

April 11, 2024 | fool.ca

TSX:RBY (Rubellite Energy)

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 11, 2024 | seekingalpha.com

RBY:CA Rubellite Energy Inc.

April 10, 2024 | americanbankingnews.com

Rubellite Energy (TSE:RBY) Given a C$4.00 Price Target by BMO Capital Markets Analysts

April 7, 2024 | msn.com

Anticipation builds in French Lick ahead of Monday’s solar eclipse

April 6, 2024 | morningstar.com

Rubellite Energy Inc RBY

April 2, 2024 | msn.com

Oak Ridge National Laboratory Creates 100 kW Wireless EV Charger

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

March 29, 2024 | finance.yahoo.com

While private companies own 29% of Rubellite Energy Inc. (TSE:RBY), individual investors are its largest shareholders with 58% ownership

March 18, 2024 | msn.com

Will Rochester be working during the solar eclipse? 'I told my boss I can't'

March 15, 2024 | msn.com

Rubellite Energy GAAP EPS of $0.15

March 15, 2024 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL AND OPERATING RESULTS AND YEAR-END 2023 RESERVES AND PROVIDES OPERATIONS UPDATE AND FIRST QUARTER AND FULL YEAR 2024 GUIDANCE

March 12, 2024 | ft.com

The exceptional allure of the emerald

February 24, 2024 | msn.com

Steubenville library to give out 5,000 solar eclipse glasses, host event

February 21, 2024 | msn.com

LVMH Watch Week 2024 Recap: Bulgari, Hublot, Tag Heuer and Zenith

February 6, 2024 | tmcnet.com

Electriq Partners with Aveyo to Drive Penetration Of Affordable Solar + Storage

February 4, 2024 | msn.com

Dua Lipa, Boygenius and More Grammys 2024 Red Carpet Arrivals

February 4, 2024 | yahoo.com

RuPaul’s New Wallpaper Line Is Inspired by Joy — And You’ll Want It All

January 16, 2024 | finance.yahoo.com

RUBELLITE ENERGY INC. ANNOUNCES FOURTH QUARTER 2023 PRODUCTION AND POSITIVE STEP-OUT WELL RESULTS AT FIGURE LAKE, AND PROVIDES HEDGING UPDATE

December 4, 2023 | finance.yahoo.com

SOURCE ROCK ROYALTIES ACQUIRES ROYALTY INTEREST IN PRODUCING CLEARWATER OIL LANDS WITH MATERIAL DRILL COMMITMENT

December 4, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. ANNOUNCES ROYALTY SALE AND RISK MANAGEMENT UPDATE

November 10, 2023 | msn.com

Rubellite Energy reports Q4 results

November 9, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. REPORTS THIRD QUARTER 2023 FINANCIAL AND OPERATING RESULTS, COMPLETES PREVIOUSLY ANNOUNCED ASSET ACQUISITION AND INCREASES 2023 PRODUCTION GUIDANCE

October 22, 2023 | marketwatch.com

Rubellite Energy Shares Rise on C$34M Asset Acquisition in Alberta

October 20, 2023 | markets.businessinsider.com

Rubellite Energy Inc (RBY) Gets a Buy Rating from BMO Capital

October 19, 2023 | finance.yahoo.com

RUBELLITE ENERGY INC. ANNOUNCES STRATEGIC CLEARWATER ACQUISITION; CREDIT FACILITY EXPANSION; OPERATIONS UPDATE AND REVISED GUIDANCE FOR 2023

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/09/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:RBY
CUSIP: N/A
CIK: N/A
Web: rubelliteenergy.com
Phone: 403-269-4400
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.84
High Stock Price Target: C$4.50
Low Stock Price Target: C$3.25
Potential Upside/Downside: +36.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.30
Trailing P/E Ratio: 9.37
Forward P/E Ratio: 5.97
P/E Growth: N/A
Net Income: C$18.56 million
Net Margins: 23.07%
Pretax Margin: N/A
Return on Equity: 10.35%
Return on Assets: 6.68%

Debt

Debt-to-Equity Ratio: 14.71
Current Ratio: 0.62
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: C$80.45 million
Price / Sales: 2.18
Cash Flow: C$0.16 per share
Price / Cash Flow: 17.37
Book Value: C$3.19 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 62,460,000
Free Float: N/A
Market Cap: C$175.51 million
Optionable: Not Optionable
Beta: 1.26

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Key Executives

Ms. Susan L. Riddell Rose B.Sc. (Age 59)
Chairman, President & CEO
Comp: $92.89k
Mr. Ryan Shay CFA
VP of Finance, CFO & Director
Karlton H. Rumpf
Vice President of Exploration & New Ventures
Mr. Marcello M. Rapini
Vice President of Marketing

Key Competitors

View All Competitors

Insiders

RBY Stock Analysis - Frequently Asked Questions

Should I buy or sell Rubellite Energy stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rubellite Energy in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RBY shares.
View RBY analyst ratings or view top-rated stocks.
What is Rubellite Energy's stock price target for 2024?: 3 Wall Street analysts have issued 1-year target prices for Rubellite Energy's stock. Their RBY share price targets range from C$3.25 to C$4.50. On average, they anticipate the company's share price to reach C$3.84 in the next year. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for RBY or view top-rated stocks among Wall Street analysts.
How have RBY shares performed in 2024?: Rubellite Energy's stock was trading at C$2.01 on January 1st, 2024. Since then, RBY shares have increased by 39.8% and is now trading at C$2.81.
View the best growth stocks for 2024 here.
When is Rubellite Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our RBY earnings forecast.

How were Rubellite Energy's earnings last quarter?: Rubellite Energy Inc. (TSE:RBY) released its quarterly earnings results on Thursday, March, 14th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The company earned $27.22 million during the quarter. Rubellite Energy had a trailing twelve-month return on equity of 10.35% and a net margin of 23.07%.
How do I buy shares of Rubellite Energy?: Shares of RBY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RBY) was last updated on 4/16/2024 by MarketBeat.com Staff

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Rubellite Energy (RBY) Stock Price, News & Analysis

Rubellite Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Rubellite Energy Stock (TSE:RBY)

RBY Stock Price History

RBY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RBY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™