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. 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
WEEEF remained flat at $2.90 on Wednesday. 200 shares of the company were exchanged, compared to its average volume of 221. Western Energy Services has a 52-week low of $1.45 and a 52-week high of $2.90. The firm has a market capitalization of $98.17 million, a PE ratio of -5.27 and a beta of 0.22. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. The business has a fifty day moving average price of $2.48 and a two-hundred day moving average price of $2.22.
Western Energy Services Company Profile
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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