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

Western Energy Services (OTCMKTS:WEEEF - Get Free Report) released its earnings results on Tuesday. The company reported $0.05 earnings per share for the quarter, Zacks reports. The firm had revenue of $48.07 million for the quarter. Western Energy Services had a negative net margin of 3.19% and a negative return on equity of 2.37%.

Western Energy Services Price Performance

Shares of WEEEF stock remained flat at $1.50 on Friday. The firm's 50-day moving average is $1.52 and its 200-day moving average is $1.77. Western Energy Services has a fifty-two week low of $1.30 and a fifty-two week high of $2.15. The firm has a market cap of $50.76 million, a PE ratio of -10.00 and a beta of 0.73. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.35.

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.