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 and are trading at C$3.240 , down-from-52-week-high.
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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