Source Energy Services (SCEYF) Expected to Release Earnings on Wednesday

Source Energy Services (OTCMKTS:SCEYF) will likely be posting its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.1197 per share and revenue of $98.8420 million for the quarter.

Source Energy Services Price Performance

SCEYF opened at $8.38 on Wednesday. Source Energy Services has a 1 year low of $7.69 and a 1 year high of $13.16. The firm has a 50 day moving average price of $10.19 and a 200 day moving average price of $11.35.

Analysts Set New Price Targets

Separately, BMO Capital Markets reiterated a “market perform” rating on shares of Source Energy Services in a research note on Friday, May 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Source Energy Services has an average rating of “Hold”.

About Source Energy Services

Source Energy Services Ltd. is an oilfield services company headquartered in Calgary, Alberta, providing specialized technical solutions to upstream oil and gas operators. The company focuses on enhancing well productivity and optimizing production performance through a suite of completion, stimulation, and production services. Its operations are centered on delivering innovative and cost-efficient offerings designed to improve hydrocarbon recovery and reduce environmental impact.

In its completion and stimulation segment, Source Energy Services offers hydraulic fracturing, coiled tubing, acidizing and chemical stimulation treatments.