EcoStim Energy Solutions Reports Second Quarter 2018 Results

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Eco-Stim Energy (ESES) PT Lowered to $0.50 at Imperial Capital Following 2Q

August 15, 2018 8:12 AM EDT

Imperial Capital analyst Jason Wangler lowered the price target on Eco-Stim Energy (NASDAQ: ESES) to $0.50 (from $1.00) while maintaining an In-Line rating following the companys 2Q18 results. ESES 2Q18 results were below expectations, and included adjusted EPS of -$0.16 vs. -$0.07 consensus.

Though the... More