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Western Energy Services TSX:WRG Stock Report

Last Price

CA$2.50

Market Cap

CA$84.6m

7D

-2.7%

1Y

-16.4%

Updated

12 Dec, 2024

Data

Company Financials +

Western Energy Services Corp.

TSX:WRG Stock Report

Market Cap: CA$84.6m

Western Energy Services Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western Energy Services
Historical stock prices
Current Share PriceCA$2.50
52 Week HighCA$3.31
52 Week LowCA$2.40
Beta1.47
1 Month Change-3.85%
3 Month Change-9.09%
1 Year Change-16.39%
3 Year Change-93.28%
5 Year Change-91.67%
Change since IPO-99.95%

Recent News & Updates

Western Energy Services Corp.'s (TSE:WRG) Shareholders Might Be Looking For Exit

Sep 13
Western Energy Services Corp.'s (TSE:WRG) Shareholders Might Be Looking For Exit

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

Jul 18
Is Western Energy Services (TSE:WRG) Using Too Much Debt?

Recent updates

Western Energy Services Corp.'s (TSE:WRG) Shareholders Might Be Looking For Exit

Sep 13
Western Energy Services Corp.'s (TSE:WRG) Shareholders Might Be Looking For Exit

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

Jul 18
Is Western Energy Services (TSE:WRG) Using Too Much Debt?

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
7D-2.7%2.1%-0.3%
1Y-16.4%52.3%21.1%

Return vs Industry: WRG underperformed the Canadian Energy Services industry which returned 56% over the past year.

Return vs Market: WRG underperformed the Canadian Market which returned 22.9% over the past year.

Price Volatility

Is WRG's price volatile compared to industry and market?
WRG volatility
WRG Average Weekly Movement8.6%
Energy Services Industry Average Movement5.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: WRG's weekly volatility (9%) 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$84.61m
Earnings (TTM)-CA$7.37m
Revenue (TTM)CA$219.61m

0.4x

P/S Ratio

-11.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WRG income statement (TTM)
RevenueCA$219.61m
Cost of RevenueCA$155.16m
Gross ProfitCA$64.46m
Other ExpensesCA$71.83m
Earnings-CA$7.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin29.35%
Net Profit Margin-3.36%
Debt/Equity Ratio34.1%

How did WRG perform over the long term?

See historical performance and comparison