company background image
WRG logo

Western Energy Services TSX:WRG Stock Report

Last Price

CA$2.80

Market Cap

CA$94.8m

7D

0%

1Y

6.9%

Updated

17 Apr, 2024

Data

Company Financials +

Western Energy Services Corp.

TSX:WRG Stock Report

Market Cap: CA$94.8m

WRG Stock Overview

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States.

WRG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Western Energy Services Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Energy Services
Historical stock prices
Current Share PriceCA$2.80
52 Week HighCA$3.95
52 Week LowCA$2.22
Beta1.59
1 Month Change1.82%
3 Month Change2.94%
1 Year Change6.87%
3 Year Change-95.60%
5 Year Change-93.43%
Change since IPO-99.94%

Recent News & Updates

Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)

Dec 22
Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)

Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue

Nov 02
Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue

Recent updates

Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)

Dec 22
Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)

Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue

Nov 02
Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue

Is There An Opportunity With Western Energy Services Corp.'s (TSE:WRG) 22% Undervaluation?

Oct 06
Is There An Opportunity With Western Energy Services Corp.'s (TSE:WRG) 22% Undervaluation?

Does Western Energy Services (TSE:WRG) Have A Healthy Balance Sheet?

Jun 27
Does Western Energy Services (TSE:WRG) Have A Healthy Balance Sheet?

Statutory Earnings May Not Be The Best Way To Understand Western Energy Services' (TSE:WRG) True Position

Aug 02
Statutory Earnings May Not Be The Best Way To Understand Western Energy Services' (TSE:WRG) True Position

Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)

May 30
Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)

Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)

Feb 11
Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)

Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?

Dec 02
Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?

Calculating The Intrinsic Value Of Western Energy Services Corp. (TSE:WRG)

Sep 28
Calculating The Intrinsic Value Of Western Energy Services Corp. (TSE:WRG)

Is Western Energy Services (TSE:WRG) Using Debt Sensibly?

Aug 04
Is Western Energy Services (TSE:WRG) Using Debt Sensibly?

Western Energy Services Corp.'s (TSE:WRG) CEO Might Not Expect Shareholders To Be So Generous This Year

Apr 21
Western Energy Services Corp.'s (TSE:WRG) CEO Might Not Expect Shareholders To Be So Generous This Year

Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?

Dec 22
Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?

Shareholder Returns

WRGCA Energy ServicesCA Market
7D0%-4.5%-2.1%
1Y6.9%41.9%3.6%

Return vs Industry: WRG underperformed the Canadian Energy Services industry which returned 41.9% over the past year.

Return vs Market: WRG exceeded the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is WRG's price volatile compared to industry and market?
WRG volatility
WRG Average Weekly Movement5.3%
Energy Services Industry Average Movement5.2%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: WRG has not had significant price volatility in the past 3 months.

Volatility Over Time: WRG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a675Alex R. MacAuslandwww.wesc.ca

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment.

Western Energy Services Corp. Fundamentals Summary

How do Western Energy Services's earnings and revenue compare to its market cap?
WRG fundamental statistics
Market capCA$94.76m
Earnings (TTM)-CA$7.21m
Revenue (TTM)CA$233.45m

0.4x

P/S Ratio

-13.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WRG income statement (TTM)
RevenueCA$233.45m
Cost of RevenueCA$169.46m
Gross ProfitCA$63.99m
Other ExpensesCA$71.20m
Earnings-CA$7.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.21
Gross Margin27.41%
Net Profit Margin-3.09%
Debt/Equity Ratio37.5%

How did WRG perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.