|Bid||0.1400 x 0|
|Ask||0.1800 x 0|
|Day's Range||0.1700 - 0.1700|
|52 Week Range||0.1200 - 0.4900|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2017 - Jul 31, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.25|
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In 2003 Brett Davidson was appointed CEO of Wavefront Technology Solutions Inc. (CVE:WEE). First, this article wil...
OTCQX: WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) Recovery, is pleased to provide this update on the Company’s activities. Recently, in the Kingdom of Saudi Arabia Wavefront’s Powerwave Odyssey tool was applied to a new application coinciding with a traditional acid stimulation. The application is related to extended reach wells and the function of the Odyssey as a coiled tubing “agitator” as well as a stimulation tool.
Wavefront’s Board of Directors (the “Board”) is in the early review process and has not made a decision to pursue any specific strategic alternative. No timetable has been set for the completion of this process and there can be no assurance that this course of action will result in a specific transaction. The Company does not intend to disclose developments or comment further regarding this review until such time as the Board has determined the outcome of the process or otherwise has determined that further disclosure is appropriate or required. “All of us at Wavefront are extremely proud of the considerable progress we have made in commercializing Powerwave dynamic fluid pulse technology and establishing an impressive track record of success in the international marketplace, particularly the emerging developments in the Middle East,” said Wavefront’s President and CEO Brett Davidson.
OTCQX: WFTSF), the industry leader in dynamic fluid flow technology for optimized oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) recovery announces its financial results for the first quarter ending November 30, 2018. Revenues related to Powerwave stimulations for the first quarter 2019 increased by $676,903 or 414.0% to $840,403 compared to $163,500 in the comparative quarter. Powerwave stimulation revenues for the reporting quarter from the Middle East had the most dramatic impact to revenue increasing by $629,933 or 2,672.6% to $653,503.
OTCQX: WFTSF), a global leader in the advancement of dynamic fluid injection technology for oil and gas well stimulation and Improved/Enhanced oil (“IOR/EOR”) recovery announces its audited consolidated financial results for the year and fourth quarter ended August 31, 2018. During the fiscal year 2018, the Company began to see the results of its continuing efforts to establish distribution channels beyond selling directly to exploration and production (“E&Ps”) companies by generating $2,664,274 in revenue or 82.9% (2017 - $659,388 in revenue or 30.4%) of revenue through distributor partners beyond the Canadian and USA boarders.
If you’re interested in Wavefront Technology Solutions Inc (CVE:WEE), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock Read More...
OTCQX: WFTSF) a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) Recovery is pleased to provide this update on the Company’s international activities. Wavefront continues to work with its local distributor in the Kingdom of Saudi Arabia on Powerwave custom stimulation programs, with approximately 40 custom stimulations completed in calendar 2018. As at September 1, 2018 Wavefront entered into a revocable exclusive arrangement with its local distributor who must achieve a minimum set number of Powerwave Odyssey and Powerwave Self-Adjusting Nozzle (SAN) well stimulations corresponding to Wavefront’s financial quarters.
If you want to know who really controls Wavefront Technology Solutions Inc (CVE:WEE), then you’ll have to look at the makeup of its share registry. Institutions will often hold stock Read More...