Eco-Stim Energy Solutions (ESES) Receiving Somewhat Positive Press Coverage, Study Finds
Media stories about Eco-Stim Energy Solutions (NASDAQ:ESES) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Eco-Stim Energy Solutions earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 46.540476714949 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Eco-Stim Energy Solutions (ESES) opened at 1.60 on Friday. Eco-Stim Energy Solutions has a 52-week low of $0.66 and a 52-week high of $2.22. The firm’s market cap is $118.98 million. The company has a 50 day moving average price of $1.44 and a 200-day moving average price of $1.32.
Eco-Stim Energy Solutions (NASDAQ:ESES) last issued its quarterly earnings results on Thursday, August 10th. The oil and gas company reported ($0.21) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.01. The business had revenue of $8.53 million for the quarter, compared to analysts’ expectations of $8.88 million. Eco-Stim Energy Solutions had a negative net margin of 134.72% and a negative return on equity of 69.12%. Equities research analysts anticipate that Eco-Stim Energy Solutions will post ($0.48) EPS for the current year.
A number of equities analysts recently weighed in on the company. Zacks Investment Research lowered Eco-Stim Energy Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. Credit Suisse Group decreased their price target on Eco-Stim Energy Solutions from $4.00 to $2.50 and set an “outperform” rating for the company in a research report on Monday, August 14th. FBR & Co increased their price target on Eco-Stim Energy Solutions from $2.20 to $2.50 and gave the company an “outperform” rating in a research report on Monday, July 24th. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Eco-Stim Energy Solutions in a research report on Thursday, July 20th.
Eco-Stim Energy Solutions Company Profile
Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.
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