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BRIEF-Western Energy Services Posts Q1 Revenue Of $51.8 Mln

Published 2020-05-21, 06:08 p/m
WRG
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May 21 (Reuters) - Western Energy Services Corp WRG.TO :

* WESTERN ENERGY SERVICES CORP. RELEASES FIRST QUARTER 2020 FINANCIAL AND OPERATING RESULTS

* WESTERN ENERGY SERVICES CORP - Q1 REVENUE DECREASED BY $14.0 MILLION TO $51.8 MILLION

* WESTERN ENERGY SERVICES CORP - QTRLY LOSS PER BASIC COMMON SHARE $0.17

* WESTERN ENERGY SERVICES CORP - REVISED CAPITAL BUDGET FOR 2020 IS EXPECTED TO TOTAL APPROXIMATELY $2 MILLION

* WESTERN ENERGY SERVICES CORP - SINCE BEGINNING OF YEAR, WESTERN TEMPORARILY REDUCED ITS SALARIED WORKFORCE BY 52%

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