10:28 AM EST - Saxon Energy Services Inc. : announced that its fourth quarter net earnings increased 54% to US$7.33 million from US$4.75 million in the year-ago quarter. Earnings per share for the quarter were US$0.23 up 53%, from US$0.15 in the year earlier quarter. Revenues for the quarter increased 31% to US$68.1 million from US$52.18 million in the same quarter of previous year. Saxon Energy Services Inc.
shares T.SES are trading up 36 cents at $5.58.