new west energy services inc
(NWE:Venture)
new west energy services inc (NWE) Snapshot
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Open
C$0.08
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Previous Close
C$0.08
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Day High
C$0.08
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Day Low
C$0.08
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52 Week High
08/20/12 - C$0.12
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52 Week Low
06/8/12 - C$0.06
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Market Cap
7.0M
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Average Volume 10 Days
7.2K
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EPS TTM
C$-0.01
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Shares Outstanding
93.8M
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EX-Date
--
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
new west energy services inc (NWE) Related Businessweek News
No Related Businessweek News Foundnew west energy services inc (NWE) Details
New West Energy Services Inc., through its subsidiary, BearStone Environmental Solutions Inc., provides environmental services to the upstream oil and gas industry in Canada. The company also operates a fleet of specialized vacuum trucks for the disposal of drilling waste, as well as water trucks to haul make up water to the drilling rig during operations and building of ice roads during the winter drilling season. Its services include drilling waste sampling, testing, and disposal; treatment of toxic or contaminated drilling waste; pre-disturbance site assessments; sump suitability assessments; pre-post drilling water well testing; in house client consulting; oilfield waste and manifest tracking; floatation vacuum trucks for drilling waste disposal; and tandem water trucks for oilfield ice road constructions and general drilling rig services. The company is based in Calgary, Canada.
new west energy services inc (NWE) Top Compensated Officers
new west energy services inc (NWE) Key Developments
New West Energy Services Inc. is seeking acquisitions. New West Energy continues to look at new expansion and acquisition opportunities in the environmental and oil field services area.
New West Energy Services Inc. reported earnings results for the nine months ended January 31, 2013. Revenue from continuing operations for the nine month period totaled $13,890,000. Net income from continuing operations for the nine month period totaled $1,580,000. The comparative numbers from continuing operations for the nine month period ended January 31, 2012 were $11,455,000 and $1,170,000. The increase in net income over the previous period is largely due to the recognition of a non-cash item of deferred tax recovery and a deferred tax charge for a net increase of approximately $600,000.
New West Energy Services Inc. reported earnings results for the six months ended October 31, 2012. For the period, revenue from continuing operations totaled $8,218,937. Net income from continuing operations totaled $1,284,161. The comparative numbers from continuing operations for the six month period ended October 31, 2011 were $7,511,285 and $746,453 respectively. The increase in net income over the previous period is largely due to the recognition of a non-cash item of deferred tax recovery in the amount of $697,188.
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| NWE:CN | C$0.08 CAD | 0.00 | |
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Industry Analysis
NWE
Industry Average
| Valuation | NWE | Industry Range |
| Price/Earnings | 4.1x |
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| Price/Sales | 0.4x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 3.5x |
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| TEV/Sales | 0.1x |
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