Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) - Equities researchers at Seaport Global Securities issued their Q2 2017 earnings per share (EPS) estimates for shares of Eco-Stim Energy Solutions in a research note issued on Thursday. Seaport Global Securities analyst M. Urban forecasts that the oil and gas company will post earnings per share of ($0.23) for the quarter. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Eco-Stim Energy Solutions’ Q3 2017 earnings at ($0.02) EPS, Q4 2017 earnings at ($0.01) EPS, FY2017 earnings at ($0.30) EPS, Q1 2018 earnings at $0.00 EPS, Q2 2018 earnings at $0.00 EPS, Q3 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.02 EPS, FY2018 earnings at $0.03 EPS, Q1 2019 earnings at $0.02 EPS, Q2 2019 earnings at $0.02 EPS and FY2019 earnings at $0.10 EPS.
Several other equities research analysts have also commented on ESES. FBR & Co boosted their price target on Eco-Stim Energy Solutions from $2.20 to $2.50 and gave the stock an “outperform” rating in a research note on Monday. Zacks Investment Research lowered Eco-Stim Energy Solutions from a “hold” rating to a “sell” rating in a research note on Monday, May 29th.
Eco-Stim Energy Solutions (NASDAQ ESES) opened at 1.61 on Monday. Eco-Stim Energy Solutions has a one year low of $0.66 and a one year high of $2.85. The firm’s market cap is $24.19 million. The firm’s 50 day moving average price is $1.32 and its 200-day moving average price is $1.18.
An institutional investor recently bought a new position in Eco-Stim Energy Solutions stock. Arosa Capital Management LP purchased a new stake in Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 250,000 shares of the oil and gas company’s stock, valued at approximately $293,000. Arosa Capital Management LP owned 1.66% of Eco-Stim Energy Solutions at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.39% of the company’s stock.
Eco-Stim Energy Solutions Company Profile
Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.
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