March 12 (Reuters) - Step Energy Services Ltd STEP.TO :
* . REPORTS FOURTH QUARTER AND YEAR END 2019 RESULTS
* QTRLY LOSS PER SHARE $0.37
* QTRLY CONSOLIDATED REVENUE $126.5 MILLION VERSUS $169 MILLION
* Q4 EARNINGS PER SHARE VIEW C$-0.25, REVENUE VIEW C$141.4 MILLION -- REFINITIV IBES DATA
* STEP ENERGY - 2019 NET LOSS WAS PRIMARILY RESULT OF IMPAIRMENT TO GOODWILL & INTANGIBLE ASSETS, SLOWING MARKET ACTIVITY
* APPROVED CAPITAL PROGRAM FOR 2020 WAS COMPRISED OF $42 MILLION FOR MAINTENANCE CAPITAL TO SUSTAIN OPERATING EQUIPMENT DEPLOYED