CES Energy Solutions (CESDF) Expected to Release Earnings on Thursday

CES Energy Solutions (OTCMKTS:CESDF) is expected to announce its resultson Thursday, August 6th. Analysts expect the company to post earnings of $0.1544 per share and revenue of $457.7010 million for the quarter.

CES Energy Solutions Price Performance

Shares of OTCMKTS:CESDF opened at $12.08 on Thursday. The company has a 50 day moving average of $11.98 and a 200-day moving average of $12.17. CES Energy Solutions has a twelve month low of $4.98 and a twelve month high of $14.25.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CESDF. Scotiabank reissued an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. National Bank Financial cut CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, May 12th. TD Securities reissued a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th. BMO Capital Markets upgraded CES Energy Solutions from an “outperform” rating to an “outperform” rating in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

About CES Energy Solutions

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.