Markets

Western Energy Services Releases Q4 Financial Results

Western Energy Services Corp. (WRG.TO) today released its fourth quarter 2011 financial results. Revenue in the fourth quarter of 2011 totalled $101.3 million, a $74.7 million increase (or 281%) over the prior year. Net income from continuing operations, before considering gains on business acquisitions, totalled $24.9 million ($0.43 per share) in the fourth quarter of 2011, an increase of 751%. EBITDA totalled $41.5 million (41% of revenue) in the fourth quarter of 2011, a $32.1 million increase (or 343%) over the prior year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More