Western Energy Services (OTCMKTS:WEEEF) Releases Quarterly Earnings Results

Western Energy Services (OTCMKTS:WEEEF) released its earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, Zacks reports. Western Energy Services had a negative net margin of 3.19% and a negative return on equity of 2.37%.

Western Energy Services Stock Performance

Shares of WEEEF stock remained flat at $1.82 during trading hours on Wednesday. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $61.59 million, a P/E ratio of -12.13 and a beta of 0.85. The stock’s 50-day moving average is $1.84 and its 200 day moving average is $1.96. Western Energy Services has a 52 week low of $1.71 and a 52 week high of $2.15.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.