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Aveda Transportation and Energy Services Inc (AVE.V)

AVE.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Aveda Transportation and Energy Services reports Q2 loss per share c$0.02
Tuesday, 15 Aug 2017 04:15pm EDT 

Aug 15 (Reuters) - Aveda Transportation And Energy Services Inc -:Aveda Transportation and Energy Services reports record second quarter results.Q2 loss per share c$0.02.Aveda Transportation and Energy Services Inc qtrly ‍ revenue $52.1 million compared with revenue of $8.9 million for same period in 2016​.Aveda Transportation and Energy Services Inc - ‍preliminary july revenues are estimated at $16.9 million​.Aveda Transportation and Energy Services - ‍does not expect to see same volume of long-distance rig moves in H2 of 2017 as witnessed in h1 of 2017.Aveda Transportation and Energy Services - ‍expects through equipment activations, refurbishment to increase working equipment fleet by 15 percent- 20 percent​.Aveda Transportation and Energy Services Inc - ‍ New midland, texas branch is not expected to generate any significant incremental revenue for aveda​.Aveda Transportation and Energy Services-‍new midland, Texas branch expected to contribute towards goal of reducing third party sub-contractor revenues​.  Full Article

Aveda Transportation and Energy Services qtrly loss per share was $0.10
Tuesday, 16 May 2017 04:15pm EDT 

May 16 (Reuters) - Aveda Transportation And Energy Services Inc ::Aveda Transportation and energy services reports record first quarter revenue in 2017.Aveda Transportation and energy services inc - qtrly revenue increased by $29.0 million or 241% to $41.0 million versus revenue of $12.0 million for same period in 2016.Qtrly loss per share was $0.10.Aveda Transportation and energy services inc - aveda ended quarter with a net asset value per share of $0.70.  Full Article

Aveda Transportation And Energy Services Q4 loss per share C$0.32
Tuesday, 11 Apr 2017 04:15pm EDT 

Aveda Transportation And Energy Services Inc : Aveda Transportation And Energy Services Q4 revenue C$31.4 million versus C$17.5 Million . Aveda Transportation And Energy Services announces 2016 results and provides operational update for the first quarter of 2017 . Aveda Transportation And Energy Services Q4 loss per share C$0.32 . Aveda Transportation And Energy Services Inc -anticipates a substantial increase in revenue in Q1 of 2017 as compared to Q1 of 2016 .Aveda Transportation And Energy Services - preliminary revenue for Q1 of 2017 of about $39.0 - $41.0 million compared to $12.0 million in Q1 of 2016.  Full Article

AVEDA TRANSPORTATION AND ENERGY SERVICES ANNOUNCES UPSIZING AND PRICING OF PUBLIC OFFERING
Tuesday, 31 Jan 2017 06:21pm EST 

Aveda Transportation And Energy Services Inc : AVEDA TRANSPORTATION AND ENERGY SERVICES ANNOUNCES UPSIZING AND PRICING OF PUBLIC OFFERING .TO SELL MINIMUM OF 33.3 MILLION COMMON SHARES,MAXIMUM OF 41.7 MILLION COMMON SHARES AT PRICE OF C$0.60/COMMON EARNINGS PER SHARE.  Full Article

Aveda Transportation and Energy Services provides operational and banking update
Friday, 13 Jan 2017 08:30am EST 

Aveda Transportation and Energy Services Inc : Aveda Transportation and Energy Services provides operational and banking update . Aveda Transportation and Energy Services Inc says extended asset based operating facility to May 31, 2019, maximum amount of new facility is $92.5 million . Expects to invest approximately $4.0 million in hoisting equipment (predominately cranes) in 2017 . Aveda Transportation and Energy Services Inc says expects to invest approximately $1.0 - $2.0 million in maintenance capital expenditures in 2017 . Aveda Transportation and Energy Services Inc says new facility consists of committed facility of $77.5 million and an acquisition line accordion of $15.0 million . Aveda Transportation and Energy Services Inc says also expects to invest approximately $1.0 - $2.0 million in maintenance capital expenditures in 2017 .Aveda Transportation and Energy Services Inc says if co fail to raise $10 million in new equity in Q1 2017, would constitute event of default under new agreement.  Full Article

Aveda Transportation And Energy Services reports Q2 loss per share $0.51
Monday, 15 Aug 2016 04:15pm EDT 

Aveda Transportation And Energy Services Inc : Aveda Transportation And Energy Services announces results for the second quarter of 2016 . Q2 loss per share $0.51 .Q2 revenue $8.9 million versus $23 million.  Full Article

Aveda Transportation qtrly loss per share was $0.54
Monday, 16 May 2016 04:00pm EDT 

Aveda Transportation And Energy Services Inc : Qtrly loss per share was $0.54 compared to $0.06 per share in comparative period; . Revenue declined by 67% to $12.0 million in q1 of 2016 compared to $36.6 million in 2015 . Aveda expects 2016 to be "operationally challenging" . Expects to generate an adjusted ebitda loss during first half of 2016 . Based on current cash availability on debt facility, has financial capacity to meet obligations through 2016 .Aveda transportation and energy services announces results for the first quarter of 2016.  Full Article

Aveda Transportation and Energy Services says Appointment of Ronnie Witherspoon as Aveda's President and Chief Executive Officer effective March 3, 2016
Thursday, 25 Feb 2016 09:00am EST 

Aveda Transportation and Energy Services:Appointment of Ronnie Witherspoon as Aveda's President and Chief Executive Officer effective March 3, 2016.David Werklund, the Company's Executive Chairman, Interim President and CEO will continue to support Aveda's growth by continuing in his role of Executive Chairman.  Full Article