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

Western Energy Services (OTCMKTS:WEEEF) issued its quarterly earnings results on Wednesday. The company reported ($0.04) EPS for the quarter, Zacks reports. Western Energy Services had a negative return on equity of 2.37% and a negative net margin of 3.19%.

Western Energy Services Stock Performance

OTCMKTS:WEEEF remained flat at $1.82 during trading hours on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.59. Western Energy Services has a fifty-two week low of $1.71 and a fifty-two week high of $2.15. The firm’s 50 day simple moving average is $1.84 and its 200 day simple moving average is $1.96. The company has a market capitalization of $61.59 million, a PE ratio of -12.13 and a beta of 0.85.

About Western Energy Services

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.