Brief: CWC Energy Services Q1 revenue falls to c$19.7 million
11/05/2016 23:40
May 11 (Reuters) - Cwc Energy Services Corp CWC.V
* Qtrly revenue of $19.7 million , a decrease of $8.0
million (29%) compared to $27.8 million in q1 2015.
* Qtrly earnings per share $0.00
* Says impact of lower crude oil and natural gas prices
negatively impacted oilfield services industry again in q1 2016
* Says activity levels in wcsb will likely be lower in 2016
compared to 2015
* Continues to evaluate strategic opportunities and pursue
those it believes will fundamentally position cwc well for
future
* Cwc energy services corp. Announces first quarter 2016
operational and financial results
* Q1 revenue fell 29 percent to c$19.7 million
Source text for Eikon: ID:nCNW3tcZya
Further company coverage: CWC.V
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