FY2017 EPS Estimates for Ceiba Energy Services Inc (CEB) Reduced by Analyst

Ceiba Energy Services Inc (CVE:CEB) – Equities research analysts at Clarus Securities cut their FY2017 earnings estimates for shares of Ceiba Energy Services in a research report issued to clients and investors on Friday. Clarus Securities analyst S. Kammermayer now anticipates that the firm will post earnings per share of $0.00 for the year, down from their prior forecast of $0.01. Clarus Securities also issued estimates for Ceiba Energy Services’ FY2018 earnings at $0.01 EPS.

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About Ceiba Energy Services

Ceiba Energy Services Inc, formerly Cancen Oil Canada Inc, provides specialized services to companies involved in the exploration, extraction and production of oil and natural gas in Western Canada. The Company operates through the segment of acquisition and development of oilfield service assets to perform services that include oil emulsion treatment, terminaling, storage and marketing of crude oil, and processing and disposal of produced water and waste fluids.

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