NG Energy International Corp. faced a significant earnings setback, reporting a loss that far exceeded analysts' expectations.
In its latest earnings report, NG Energy International Corp. (GASX.TO) disclosed a disappointing EPS of -0.06 for the fiscal period ending June 30, 2026, which fell short of the estimated -0.03, marking a 100% surprise to the downside.
Recent earnings trend
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NG Energy International Corp.
GASX.TO
GASX.TO
NG Energy International Corp.
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Market cap
$424.19M
P/E
9.2x
52W high
$1.87
52W low
$1.20
1W change
+5.26%
Beta
2.02
Analyst Price Targets
Based on analyst covering GASX
Wall Street analysts forecast GASX stock price to rise 63.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.28
+63.0% Upside
Current Price
C$1.40
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GASX's historical volatility
30-Day Vol
76.7%
Annualized
90-Day Vol
68.9%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.17
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.32 | C$1.01 – C$1.72 |
| 60 trading days | C$1.24 | C$0.85 – C$1.81 |
| 90 trading days | C$1.17 | C$0.74 – C$1.85 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | -0.0600 | -0.0300 | -100.0% |
| 2026-03-31 | 2026-05-13 | -0.0700 | -0.0300 | -133.3% |
| 2025-12-31 | 2025-12-31 | -0.0100 | -0.0200 | +50.0% |
| 2025-09-30 | 2025-11-25 | -0.0300 | -0.0200 | -50.0% |
| 2025-06-30 | 2025-08-26 | -0.0300 | -0.0200 | -50.0% |
| 2024-09-30 | 2024-11-25 | -0.0200 | -0.0100 | -100.0% |
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Investor takeaway: The earnings miss highlights the volatility in the energy sector, especially for companies like NG Energy that are still growing. Investors should keep an eye on operational updates and production levels to assess future performance.
EPS Misses Estimates by 100.0%
The EPS of -0.06 represents a significant decline compared to the previous quarter's EPS of -0.07, indicating potential ongoing challenges in operational performance.
Bull case
Despite the recent earnings miss, NG Energy has shown strong year-over-year growth in natural gas sales and has made significant new discoveries in its operational areas. These factors could lead to improved revenues in the future.
Bear case
The ongoing earnings misses raise concerns about the company's operational efficiency and cost management. This could undermine investor confidence and affect stock performance in the short term.
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