Western Energy Services (OTCMKTS:WEEEF – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share for the quarter, Zacks reports. The company had revenue of $41.08 million for the quarter. Western Energy Services had a positive return on equity of 1.66% and a negative net margin of 9.81%.
Western Energy Services Stock Performance
WEEEF stock remained flat at $2.90 during midday trading on Friday. Western Energy Services has a 52-week low of $1.45 and a 52-week high of $2.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 1.63. The stock has a market cap of $98.17 million, a P/E ratio of -6.59 and a beta of 0.22. The firm’s fifty day moving average is $2.50 and its two-hundred day moving average is $2.23.
About Western Energy Services
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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