Powered by

Weekly: Western Energy Services keeps sliding: down 22.2% in 3 weeks September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Western Energy Services Corp. (TSX:WRG), Canada's 6th largest Oil & gas - drilling company by market cap, extended its slide in the past week ended Friday, shedding an additional 6.0c (or 7.9%) to close at 70.0c. The shares have plummeted 20.0c (or 22.2%) over the past three weeks. Compared with the S&P/TSX 60 Index which fell 3.4 points (or 0.4%) in the three weeks, this represented a relative price change of -21.9%. The volume was 0.3 times average trading pe...