CES Energy Solutions (OTCMKTS:CESDF – Get Free Report) will likely be issuing 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 Up 0.8%
Shares of CES Energy Solutions stock opened at $13.41 on Tuesday. The firm’s 50-day moving average price is $13.72 and its two-hundred day moving average price is $12.78. CES Energy Solutions has a 1-year low of $6.47 and a 1-year high of $15.15.
Analysts Set New Price Targets
Several brokerages have recently commented on CESDF. National Bank Financial raised CES Energy Solutions from a “sector perform” rating to an “outperform” rating in a report on Friday, August 7th. BMO Capital Markets reaffirmed 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 report on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on CESDF
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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