- CES Energy reported second-quarter earnings per share (EPS) of C$0.23, an improvement from C$0.20 the previous year.
- The company’s funds flow from operations increased by 25% year-over-year to C$76.7 million.
- Analyst recommendations for CES Energy are positive, with 8 buy ratings and no hold or sell ratings.
A look at CES Energy Solutions Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for CES Energy Solutions, the company’s long-term outlook appears optimistic. With a high score in Growth, CES Energy Solutions is positioned for future expansion and development. This indicates that the company may experience significant increase in its business activities and market presence over time.
In addition to its Growth potential, CES Energy Solutions also demonstrates strength in other key areas such as Value, Resilience, and Momentum, all of which contribute to a positive overall outlook. While the Dividend score is mid-range, the company’s strong scores in other factors suggest a solid foundation for long-term success in the oilfield services sector.
**Summary**:
CES Energy Solutions Corp. provides oilfield services, including fracturing, simulation, drilling fluid systems, laboratory testing, and transportation and logistic services in the United States and Canada. The company’s Smartkarma Smart Scores indicate a promising long-term outlook, especially in terms of growth potential and overall resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
