CES Energy Solutions (OTCMKTS:CESDF – Get Free Report) is projected to announce its results after the market closes on Thursday, November 12th. Analysts expect CES Energy Solutions to post earnings of $0.2215 per share and revenue of $527.86 million for the quarter.
CES Energy Solutions Stock Down 9.4%
Shares of CESDF opened at $13.25 on Thursday. The company has a 50 day moving average price of $13.72 and a 200-day moving average price of $12.73. CES Energy Solutions has a fifty-two week low of $6.47 and a fifty-two week high of $15.15.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on CESDF. National Bank Financial raised shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating in a report on Friday, August 7th. BMO Capital Markets restated an “outperform” rating on shares of CES Energy Solutions in a report on Friday, August 7th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of CES Energy Solutions in a research report on Thursday, October 15th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on CES Energy Solutions
About CES Energy Solutions
CES Energy Solutions Corp. is an oilfield chemical company headquartered in Calgary, Alberta. The company develops, manufactures and supplies specialized chemical products and related technical services for the oil and natural gas industry.
Its product offerings support multiple stages of the energy production process, including drilling, well cementing, hydraulic fracturing, completion, production and pipeline operations. CES Energy Solutions also provides chemicals used in water treatment, flow assurance, corrosion control, scale prevention and other applications intended to improve operating efficiency and protect energy infrastructure.
The company serves oil and gas producers, oilfield service companies and other energy-sector customers primarily in Canada and the United States.
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