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Last C$0.19 CAD
Change Today 0.00 / 0.00%
Volume 30.5K
CWC On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 3:57 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

cwc energy services corp (CWC) Snapshot

Open
C$0.20
Previous Close
C$0.19
Day High
C$0.20
Day Low
C$0.19
52 Week High
09/9/14 - C$1.01
52 Week Low
08/25/15 - C$0.16
Market Cap
55.0M
Average Volume 10 Days
97.4K
EPS TTM
C$-0.02
Shares Outstanding
289.3M
EX-Date
09/28/15
P/E TM
--
Dividend
C$0.01
Dividend Yield
23.68%
Current Stock Chart for CWC ENERGY SERVICES CORP (CWC)

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cwc energy services corp (CWC) Details

CWC Energy Services Corp. operates as a contract drilling and well servicing company in the Western Canadian Sedimentary Basin. It operates in two segments, Contract Drilling and Production Services. The company offers a suite of oilfield services, including service rigs, coil tubing, and well testing. It provides rigs that are used for completions, production, workovers, abandonment services, and maintenance on producing oil and gas wells; and coil tubing services for workover operations, shallow drill outs, and extensions into producing zones. The company also provides drilling rigs and related ancillary equipment to oil and gas exploration and production companies. As of April 6, 2015, it operated a fleet of 9 drilling rigs, 73 service rigs, 9 coil tubing units, and 9 pressure tanks. The company was formerly known as CWC Well Services Corp. and changed its name to CWC Energy Services Corp. in May 2014. CWC Energy Services Corp. is headquartered in Calgary, Canada.

625 Employees
Last Reported Date: 03/10/15

cwc energy services corp (CWC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$329.7K
Vice President of Finance and Controller
Total Annual Compensation: C$34.3K
Vice President of Operations - Well Services ...
Total Annual Compensation: C$219.9K
Vice President of Operations - Well Services ...
Total Annual Compensation: C$194.9K
Vice President of Operations - Drilling
Total Annual Compensation: C$144.4K
Compensation as of Fiscal Year 2014.

cwc energy services corp (CWC) Key Developments

CWC Energy Services Corp. Declares Taxable Quarterly Dividend on Common Shares, Payable on October 15, 2015; Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

CWC Energy Services Corp. announced that the Board of Directors has declared a quarterly dividend of $0.0025 per common share. The dividend will be paid on October 15, 2015 to shareholders of record on September 30, 2015. The ex-dividend date is September 28, 2015. This dividend is an eligible dividend for Canadian income tax purposes. The reduction in the declared dividend from $0.02 cents per share annually to $0.01 cent per share annually will provide CWC additional flexibility to repay long term debt, invest in capital expenditures and/or acquire the Company's shares under its NCIB program. The company reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's revenue was $13,508,000 against $20,488,000 a year ago. EBITDAS was $777,000 against $1,176,000 a year ago. Funds from operations were $777,000 against $461,000 a year ago. Net loss was $4,294,000 against $3,182,000 a year ago. Net loss per share - basic and diluted was $0.02 against $0.01 a year ago. EBITDAS per share­ diluted was $0.02 against $0.05 a year ago. Total capital expenditure was $2,133,000 against $4,233,000 a year ago. Funds from operations were $777,000 against $461,000 a year ago. Cash flows from operating activities was $5,869,000 against $5,983,000 a year ago. For the six months, the company's revenue was $41,338,000 against $58,861,000 a year ago. EBITDAS was $6,031,000 against $10,632,000 a year ago. Funds from operations were $6,031,000 against $9,844,000 a year ago. Net loss was $4,256,000 against income of $63,000 a year ago. Net loss per share - basic and diluted was $0.02. EBITDAS per share diluted was $0.02 $0.05 a year ago. Total capital expenditure was $7,144,000 against $7,244,000 a year ago. Funds from operations were $6,031,000 against $9,844,000 a year ago. Cash flows from operating activities were $23,357,000 against $12,444,000 a year ago. Net debt was $45,092,000. The lower activity and pricing pressure in 2015 is expected to negatively impact CWC's revenue, EBITDAS and funds from operations.

CWC Energy Services Corp. to Report Q2, 2015 Results on Aug 10, 2015

CWC Energy Services Corp. announced that they will report Q2, 2015 results on Aug 10, 2015

CWC Energy Services Corp. Declares Quarterly, Payable on July 15, 2015

CWC Energy Services Corp. announced that the Board of Directors has declared a quarterly dividend of $0.005 per common share. The dividend will be paid on July 15, 2015 to shareholders of record on June 30, 2015. The ex-dividend date is June 26, 2015.

 

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CWC

Industry Average

Valuation CWC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 0.3x
Price/Cash Flow 45.1x
TEV/Sales 0.0x
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