Source Energy Services (SCEYF) Projected to Release Quarterly Earnings on Thursday

Source Energy Services (OTCMKTS:SCEYF – Get Free Report) is anticipated to post its results after the market closes on Thursday, November 5th. Analysts expect Source Energy Services to announce earnings of $0.0246 per share and revenue of $119.18 million for the quarter.

Source Energy Services Price Performance

Source Energy Services stock opened at $6.59 on Thursday. Source Energy Services has a twelve month low of $6.37 and a twelve month high of $13.16. The company’s 50-day moving average price is $7.47 and its two-hundred day moving average price is $10.07.

Analyst Ratings Changes

Separately, BMO Capital Markets reiterated a “market perform” rating on shares of Source Energy Services in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Source Energy Services has a consensus rating of “Hold”.

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About Source Energy Services

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Source Energy Services Ltd. is a Canadian energy-services company focused on the supply and delivery of proppant used in hydraulic fracturing operations. Its principal business is providing frac sand, a specialized granular material injected into oil and natural gas wells to help keep fractures open and improve hydrocarbon recovery.

The company’s operations have included sourcing, processing, storing and transporting frac sand, along with related logistics and site-management services.

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