Investing.com - Western Energy Svcs reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Western Energy Svcs announced earnings per share of C$0.020 on revenue of C$58.480. Analysts polled by Investing.com anticipated EPS of C$-1.160 on revenue of C$61M.
Western Energy Svcs shares are down 11.7% from the beginning of the year, still down 94.60% from its 52 week high of C$60.00 set on March 18.
Western Energy Svcs follows other major Energy sector earnings this month
Western Energy Svcs's report follows an earnings beat by Crescent Point Energy on Wednesday, who reported EPS of C$0.82 on revenue of C$970.5M, compared to forecasts EPS of C$0.5174 on revenue of C$1.22B.
PrairieSky Royalty had missed expectations on Monday with third quarter EPS of C$0.32 on revenue of C$154.7M, compared to forecast for EPS of C$0.349 on revenue of C$59.00M.
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