Western Energy Services (OTCMKTS:WEEEF) Issues Earnings Results

Western Energy Services (OTCMKTS:WEEEF – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.06 EPS for the quarter, Zacks reports. The firm had revenue of $41.08 million during the quarter. Western Energy Services had a negative net margin of 12.55% and a negative return on equity of 0.18%.

Western Energy Services Price Performance

Shares of WEEEF opened at $2.90 on Thursday. The company has a market capitalization of $98.17 million, a price-to-earnings ratio of -5.27 and a beta of 0.22. Western Energy Services has a fifty-two week low of $1.45 and a fifty-two week high of $2.90. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.63 and a quick ratio of 1.63. The business’s 50-day moving average is $2.49 and its 200-day moving average is $2.23.

Western Energy Services Company Profile

(Get Free Report)

Western Energy Services Corp. is a Canadian oilfield services company that provides contract drilling and well-servicing solutions to oil and natural gas exploration and production companies. Its operations support the drilling, completion, workover and maintenance of wells, primarily in Western Canada.

The company operates through businesses including Horizon Drilling, which provides contract drilling services using a fleet of land-based drilling rigs, and Eagle Well Servicing, which provides well-servicing and workover services.

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Earnings History for Western Energy Services (OTCMKTS:WEEEF)

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