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Western Energy Services TSX:WRG Stock Report

Last Price

CA$2.66

Market Cap

CA$89.7m

7D

6.4%

1Y

-6.0%

Updated

17 Dec, 2024

Data

Company Financials +

Western Energy Services Corp.

TSX:WRG Stock Report

Market Cap: CA$89.7m

My Notes

Capture your thoughts, links and company narrative

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$2.66
52 Week HighCA$3.31
52 Week LowCA$2.40
Beta1.47
1 Month Change-2.56%
3 Month Change-7.64%
1 Year Change-6.01%
3 Year Change-91.94%
5 Year Change-90.95%
Change since IPO-99.94%

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
7D6.4%-1.2%-1.9%
1Y-6.0%45.6%17.8%

Return vs Industry: WRG underperformed the Canadian Energy Services industry which returned 47.2% over the past year.

Return vs Market: WRG underperformed the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is WRG's price volatile compared to industry and market?
WRG volatility
WRG Average Weekly Movement8.7%
Energy Services Industry Average Movement5.4%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market2.9%

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$89.68m
Earnings (TTM)-CA$7.37m
Revenue (TTM)CA$219.61m

0.4x

P/S Ratio

-12.2x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 04:50
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western Energy Services Corp. is covered by 15 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Capital Markets
Anthony PetrucciCanaccord Genuity
Jeffrey FetterlyCIBC Capital Markets