Western Energy Services (OTCMKTS:WEEEF) Posts Earnings Results

Western Energy Services (OTCMKTS:WEEEF) released its quarterly earnings data on Wednesday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. 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

WEEEF opened at $1.82 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.59. The company’s 50-day moving average is $1.84 and its 200 day moving average is $1.96. Western Energy Services has a fifty-two week low of $1.71 and a fifty-two week high of $2.15. The firm has a market capitalization of $61.59 million, a P/E ratio of -12.13 and a beta of 0.85.

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.