CES Energy Solutions (CESDF) to Post Earnings on Thursday

CES Energy Solutions (OTCMKTS:CESDF) is projected to announce its results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.1544 per share and revenue of $457.7010 million for the quarter.

CES Energy Solutions Stock Up 3.7%

OTCMKTS CESDF opened at $11.83 on Wednesday. CES Energy Solutions has a 52-week low of $4.98 and a 52-week high of $14.25. The company has a fifty day moving average of $11.82 and a 200-day moving average of $12.24.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CESDF. Royal Bank Of Canada restated an “outperform” rating on shares of CES Energy Solutions in a research report on Monday, May 11th. BMO Capital Markets upgraded CES Energy Solutions from an “outperform” rating to an “outperform” rating in a report on Wednesday, June 24th. TD Securities reiterated a “hold” rating on shares of CES Energy Solutions in a research report on Friday, May 8th. National Bank Financial cut CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a report on Tuesday, May 12th. Finally, Scotiabank restated an “outperform” rating on shares of CES Energy Solutions in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

CES Energy Solutions Company Profile

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.