Western Energy Services (TSE:WRG) has released an update.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.