CES Energy Solutions (CESDF) Expected to Post Quarterly Earnings on Thursday

CES Energy Solutions (OTCMKTS:CESDF) is anticipated to announce its results after the market closes on Thursday, August 6th. Analysts expect CES Energy Solutions to announce earnings of $0.1544 per share and revenue of $457.7010 million for the quarter.

CES Energy Solutions Stock Down 2.3%

OTCMKTS CESDF opened at $11.41 on Tuesday. The firm’s fifty day moving average price is $11.85 and its 200 day moving average price is $12.23. CES Energy Solutions has a 12 month low of $4.98 and a 12 month high of $14.25.

Analyst Upgrades and Downgrades

CESDF has been the subject of several research analyst reports. TD Securities restated a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th. Scotiabank reissued an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. BMO Capital Markets raised CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research report on Wednesday, June 24th. National Bank Financial downgraded CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

CES Energy Solutions Company Profile

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.