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Petrowest Corp (PRW.TO)

PRW.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Petrowest Corp reports Q2 adj EBITDA of $1.1 mln vs $2.3 mln
Wednesday, 10 Aug 2016 08:00am EDT 

Petrowest Corp : Petrowest Corp announces second quarter 2016 financial results; revises 2016 guidance on the back of weather delays; over $20 million of additional infrastructure awards to date in 2016 . Reducing 2016 annual guidance to $20-25 million adjusted EBITDA . Qtrly reported revenue of $32.5 million, a decrease of $10.0 million compared to same quarter in 2015, . Qtrly reported adjusted EBITDA of $1.1 million compared to $2.3 million for same quarter in 2015 .Extreme weather patterns in first half of 2016 caused a portion of expected 2016 revenues to be shifted into 2017.  Full Article

Petrowest Corporation Q1 revenue C$36.6 mln
Thursday, 12 May 2016 04:03pm EDT 

Petrowest Corp : Q1 revenue c$36.6 million . Reaffirming 2016 guidance of $45 million in adjusted ebitda, despite oil and gas activity remaining weak in western canada .Petrowest corporation announces first quarter 2016 financial results; reaffirms 2016 guidance.  Full Article

Petrowest Corp announces amendment to its syndicated credit facility
Tuesday, 29 Sep 2015 08:45am EDT 

Petrowest Corp:Announces an amendment to its syndicated credit facility, closing of the subordinated debt financing, and contract awards.Has entered into an amendment and restatement of its $90 million syndicated credit facility with its syndicate of lenders.  Full Article

Petrowest Corp announces contract award
Thursday, 6 Aug 2015 04:18pm EDT 

Petrowest Corp:Says it has been awarded a sub-contract on the workforce housing facility for the Site C hydro-electric project in northeastern British Columbia.Project is expected to commence the first week of August and has an approximate value of $7.3 million.  Full Article

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BRIEF-Petrowest announces Q3 2016 results

* Petrowest - 2016 adjusted ebitda guidance $20-25 million presented in Q2 will not be achieved in 2016