Orbit Garant Drilling Inc. has released its latest financial results, revealing challenges amid record revenues.
Recent earnings trend
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Orbit Garant Drilling Inc.
OGD.TO
OGD.TO
Orbit Garant Drilling Inc.
WealthAwesomeMarket cap
$42.08M
P/E
15.7x
52W high
$2.48
52W low
$0.91
1W change
-13.39%
Beta
1.14
Analyst Price Targets
Based on analyst covering OGD · as of Sep 17, 2026
Wall Street analysts forecast OGD stock price to rise 59.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.75
+59.1% Upside
Current Price
C$1.10
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on OGD's historical volatility
30-Day Vol
67.1%
Annualized
90-Day Vol
64.9%
Annualized
Trend (90d)
-46.9%
Annualized drift
90d Mean
C$0.93
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.04 | C$0.83 – C$1.31 |
| 60 trading days | C$0.98 | C$0.71 – C$1.36 |
| 90 trading days | C$0.93 | C$0.62 – C$1.39 |
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.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-09-24 | -0.0508 | — | — |
| 2026-03-31 | 2026-05-13 | -0.0315 | — | — |
| 2025-12-31 | 2026-02-11 | 0.0329 | — | — |
| 2025-09-30 | 2025-11-12 | 0.0090 | — | — |
| 2025-06-30 | 2025-09-24 | 0.0044 | — | — |
| 2025-03-31 | 2025-05-07 | 0.0710 | — | — |
Orbit Garant Drilling Inc. (TSX: OGD) reported its fiscal fourth quarter and year-end results for the period ending June 30, 2026. The company achieved record revenues during the quarter, but it also faced significant challenges that affected its profitability. Here’s a closer look at the key takeaways from the earnings report.
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Investor takeaway: Even with record revenue, the drop in profitability and rising costs suggest caution for investors. However, new contracts and pricing adjustments may offer a path to recovery in fiscal 2027.
OGD Reports a Loss of $0.05 per Share Amid Record Revenues
For Q4 2026, Orbit Garant reported a net loss of $1.9 million, which translates to a loss of $0.05 per share, despite achieving record quarterly revenue of $57.2 million.
Bull case
A new major specialized drilling contract in northern Canada is expected to generate over $100 million, positioning Orbit Garant for significant revenue growth ahead. Plus, improvements in pricing on new contracts could boost profitability.
Bear case
The company’s ongoing losses and shrinking margins raise concerns about its operational efficiency and cost management. Relying on debt to finance capital expenditures could also be risky if revenue growth doesn’t happen as anticipated.
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