Western Energy Services (TSE:WRG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Western Energy Services Corp. reported a 6% increase in third quarter revenue to $58.3 million, driven by higher contract drilling revenues in Canada, despite a net loss of $1.2 million. The company’s performance was bolstered by higher Adjusted EBITDA, although it faced challenges from lower production services and increased costs.
For further insights into TSE:WRG stock, check out TipRanks’ Stock Analysis page.