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

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

Source Energy Services Stock Performance

Shares of OTCMKTS:SCEYF opened at $8.38 on Tuesday. Source Energy Services has a 1-year low of $7.69 and a 1-year high of $13.16. The company has a 50 day moving average price of $9.99 and a 200 day moving average price of $11.24.

Wall Street Analyst Weigh In

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