Brief: Step Energy Services reports Q3 EPS $0.46

STEP Energy Services

08/11/2017 11:30

Nov 8 (Reuters) - Step Energy Services Ltd  STEP.TO  
    * Step Energy Services Ltd. reports record third quarter 
2017 
financial and operating results 
    * Step Energy Services Ltd qtrly consolidated revenue of 
$175.5 
million compared to $58.2 million 
    * Step Energy Services Ltd qtrly SHR $0.46 
    * Step Energy Services Ltd - step has expanded its 2017 
capital 
program by $15 million, bringing revised capital program to $115 
million 
    * Step Energy Services Ltd - "bookings into 2018 are 
supportive 
of an active Q1 and we have visibility to activity extending 
into Q2 of 2018" 
    * Step Energy Services Ltd - board has approved a 2018 
capital 
program of $109 million 
    * Step Energy Services Ltd - "continued increases in 
fracturing 
intensity have potential to extend undersupplied conditions 
through 2018" 
    * Q3 earnings per share view C$0.29, revenue view C$162.4 
million 
-- Thomson Reuters I/B/E/S 
 
Source text for Eikon:  ID:nGNXOGSQYa  
Further company coverage:  STEP.TO  
 
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