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Last C$0.10 CAD
Change Today +0.005 / 5.26%
Volume 6.8K
WEE On Other Exchanges
As of 3:15 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

wavefront technology solutio (WEE) Snapshot

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09/18/14 - C$0.24
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12/12/14 - C$0.06
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wavefront technology solutio (WEE) Details

Wavefront Technology Solutions Inc. designs, develops, and licenses technologies for oil well stimulation, secondary oil recovery, and environmental groundwater remediation in the United States and internationally. The company offers Powerwave process, an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock; and Primawave process, a method for aiding in-ground environmental groundwater remediation clean-up in contaminated sites. It also develops oil and gas properties, as well as rents tubing pumps and bailers for oil field applications. The company was formerly known as Wavefront Energy and Environmental Services Inc. and changed its name to Wavefront Technology Solutions Inc. in March 2009. Wavefront Technology Solutions is headquartered in Edmonton, Canada.

wavefront technology solutio (WEE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$275.0K
Chief Financial Officer, Treasurer, Secretary...
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2014.

wavefront technology solutio (WEE) Key Developments

Wavefront Technology Solutions Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2015

Wavefront Technology Solutions Inc. reported earnings results for the third quarter and nine months ended May 31, 2015. For the quarter, the company reported total revenues declined by $285,838 for the third quarter over the comparative period in 2014. The decline in quarterly revenues from the comparative was in the Powerwave workovers and stimulation, whereas Powerwave IOR/EOR increased by $207,757 and Tubing Pumps and Bailers increased by 47,053. The revenue gains were in international Powerwave IOR/EOR where revenues increased by $452,962 for the three months ended May 31, 2015 over the comparative period of 2014. The basic and diluted net loss decreased by $1,511,226 to $765,016 ($0.009 per share), compared to $2,276,240 ($0.027 per share) for the comparative quarter ended May 31, 2014. Cash used in operating activities decreased by $514,564 or 84.5% to $94,666 from the comparative quarter of $609,230. For the nine months, the company reported total revenues amounted to $3,766,363, which was a decrease of $626,381 compared to the comparative period that reported total revenues of $4,392,744.

Wavefront Technology Solutions Inc. to Report Q3, 2015 Results on Jul 29, 2015

Wavefront Technology Solutions Inc. announced that they will report Q3, 2015 results After-Market on Jul 29, 2015

Wavefront Technology Solutions Inc. Enters into Commercial Agreement with NPS Energy DMCC

Wavefront Technology Solutions Inc. has entered into a commercial agreement with NPS Energy DMCC for the provision of Wavefronts Powerwave technology in the Middle East, North Africa and Far East Asia.


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