Rockpoint Gas Storage reported calendar EPS of C$2.1789 for the quarter ended September 30, compared with an estimate of C$0.39. That’s a 458.7% surprise, but the gap needs context.
Rockpoint Gas Storage Inc. (TSX: RGSI) released its results before market open on November 3 for the fiscal quarter ended September 30, 2026. Calendar data shows EPS of C$2.1789 against an estimate of C$0.39, a 458.7% beat. The company also reported higher take-or-pay and optimization revenue. Distributable cash flow per share rose slightly, to US$0.37 from US$0.36 a year earlier. For Canadian investors, the EPS surprise stands out, but cash flow, storage contracts and the dividend matter too.
Recent earnings trend
Rockpoint Gas Storage Inc
RGSI.TO
RGSI.TO
Rockpoint Gas Storage Inc
WealthAwesomeMarket cap
$3.09B
P/E
9.2x
Div. yield
5.53%
Div. / share
$1.31
52W high
$30.43
52W low
$22.40
1W change
-1.08%
Analyst Price Targets
Based on analyst covering RGSI · as of Nov 9, 2026
Wall Street analysts forecast RGSI stock price to rise 34.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$32.03
+34.3% Upside
Previously C$31.62 on Nov 6, 2026
Current Price
C$23.85
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 RGSI's historical volatility
30-Day Vol
27.4%
Annualized
90-Day Vol
27.4%
Annualized
Trend (90d)
-44.7%
Annualized drift
90d Mean
C$20.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$22.61 | C$20.58 – C$24.85 |
| 60 trading days | C$21.44 | C$18.76 – C$24.50 |
| 90 trading days | C$20.33 | C$17.26 – C$23.94 |
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: 6 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-02-09 | — | 0.5700 | — |
| 2026-09-30 | 2026-11-03 | 2.1789 | 0.3900 | +458.7% |
| 2026-06-30 | 2026-09-02 | 1.4703 | 0.3040 | +383.7% |
| 2026-03-31 | 2026-05-28 | 0.6291 | 0.5000 | +25.8% |
| 2025-12-31 | 2026-02-10 | 2.3169 | 0.3900 | +494.1% |
| 2025-09-30 | 2025-12-03 | 1.1856 | — | — |
Investor takeaway: Rockpoint’s EPS was well above the calendar estimate, and the company has beaten estimates in each of the last four comparable quarters. But the surprise doesn’t mean the underlying business improved by the same amount: distributable cash flow per share rose only slightly year over year. Investors may want to follow contracted storage capacity, cash generation and dividend sustainability alongside EPS. The shares closed at C$23.85, below their 50-day and 200-day moving averages.
C$2.1789 EPS versus C$0.39 estimated
Calendar EPS came in 458.7% above the estimate. Rockpoint has also beaten estimates in all four comparable quarters in the supplied history, though the size of the beats has varied widely.
Bull case
Rockpoint’s net earnings rose to US$82.8 million from US$45.8 million a year earlier, according to the company release cited in supplemental coverage. The company said higher take-or-pay and optimization revenue drove the increase. A previously announced long-term Alberta storage contract will provide 10 Bcf of annual capacity starting April 1, 2027. It is expected to increase contracted Alberta capacity by about 30% year over year in fiscal 2028. The supplied fundamentals also show a 54.89% profit margin and a 5.53% dividend yield.
Bear case
A 458.7% EPS surprise doesn’t mean operating performance improved by 458.7%. The supplied data doesn’t include calendar revenue estimates or reported margins for the quarter, which limits the context for assessing the result. Distributable cash flow per share rose by just US$0.01 year over year. The share price is below its 50-day and 200-day averages, and the Wealth Awesome statistical model points to a lower 90-day mean. The model is uncertain, so it shouldn’t be treated as a guaranteed forecast.
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