Western Energy Services Past Earnings Performance
Past criteria checks 0/6
Western Energy Services has been growing earnings at an average annual rate of 50.2%, while the Energy Services industry saw earnings growing at 55.7% annually. Revenues have been growing at an average rate of 10.2% per year.
Key information
50.2%
Earnings growth rate
65.5%
EPS growth rate
| Energy Services Industry Growth | 32.2% |
| Revenue growth rate | 10.2% |
| Return on equity | -2.4% |
| Net Margin | -3.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Western Energy Services Corp.'s (TSE:WRG) Shareholders Might Be Looking For Exit
Sep 13
Is Western Energy Services (TSE:WRG) Using Too Much Debt?
Jul 18Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)
Dec 22Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue
Nov 02Is There An Opportunity With Western Energy Services Corp.'s (TSE:WRG) 22% Undervaluation?
Oct 06Does Western Energy Services (TSE:WRG) Have A Healthy Balance Sheet?
Jun 27Statutory Earnings May Not Be The Best Way To Understand Western Energy Services' (TSE:WRG) True Position
Aug 02Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)
May 30Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)
Feb 11Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?
Dec 02Calculating The Intrinsic Value Of Western Energy Services Corp. (TSE:WRG)
Sep 28Is Western Energy Services (TSE:WRG) Using Debt Sensibly?
Aug 04Western Energy Services Corp.'s (TSE:WRG) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 21Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?
Dec 22Revenue & Expenses Breakdown
How Western Energy Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 220 | -7 | 20 | 0 |
| 30 Jun 24 | 216 | -7 | 20 | 0 |
| 31 Mar 24 | 216 | -10 | 19 | 0 |
| 31 Dec 23 | 233 | -7 | 19 | 0 |
| 30 Sep 23 | 238 | -8 | 19 | 0 |
| 30 Jun 23 | 241 | -6 | 19 | 0 |
| 31 Mar 23 | 229 | 37 | 17 | 0 |
| 31 Dec 22 | 200 | 29 | 16 | 0 |
| 30 Sep 22 | 181 | 26 | 13 | 0 |
| 30 Jun 22 | 155 | 15 | 12 | 0 |
| 31 Mar 22 | 145 | -34 | 11 | 0 |
| 31 Dec 21 | 132 | -36 | 11 | 0 |
| 30 Sep 21 | 118 | -38 | 12 | 0 |
| 30 Jun 21 | 98 | -37 | 10 | 0 |
| 31 Mar 21 | 89 | -32 | 10 | 0 |
| 31 Dec 20 | 104 | -41 | 11 | 0 |
| 30 Sep 20 | 122 | -86 | 13 | 0 |
| 30 Jun 20 | 155 | -87 | 15 | 0 |
| 31 Mar 20 | 182 | -89 | 17 | 0 |
| 31 Dec 19 | 196 | -81 | 17 | 0 |
| 30 Sep 19 | 214 | -38 | 18 | 0 |
| 30 Jun 19 | 226 | -37 | 19 | 0 |
| 31 Mar 19 | 221 | -42 | 19 | 0 |
| 31 Dec 18 | 236 | -41 | 20 | 0 |
| 30 Sep 18 | 240 | -37 | 21 | 0 |
| 30 Jun 18 | 235 | -38 | 22 | 0 |
| 31 Mar 18 | 235 | -39 | 23 | 0 |
| 31 Dec 17 | 238 | -38 | 24 | 0 |
| 30 Sep 17 | 217 | -47 | 24 | 0 |
| 30 Jun 17 | 195 | -52 | 24 | 0 |
| 31 Mar 17 | 175 | -60 | 25 | 0 |
| 31 Dec 16 | 124 | -62 | 25 | 0 |
| 30 Sep 16 | 122 | -103 | 26 | 0 |
| 30 Jun 16 | 136 | -163 | 28 | 0 |
| 31 Mar 16 | 156 | -151 | 29 | 0 |
| 31 Dec 15 | 228 | -129 | 31 | 0 |
| 30 Sep 15 | 324 | -83 | 34 | 0 |
| 30 Jun 15 | 402 | 9 | 35 | 0 |
| 31 Mar 15 | 452 | 26 | 34 | 0 |
| 31 Dec 14 | 508 | 36 | 35 | 0 |
| 30 Sep 14 | 498 | 60 | 33 | 0 |
| 30 Jun 14 | 474 | 53 | 32 | 0 |
| 31 Mar 14 | 443 | 46 | 31 | 0 |
| 31 Dec 13 | 380 | 35 | 30 | 0 |
Quality Earnings: WRG is currently unprofitable.
Growing Profit Margin: WRG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WRG is unprofitable, but has reduced losses over the past 5 years at a rate of 50.2% per year.
Accelerating Growth: Unable to compare WRG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRG is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-11.9%).
Return on Equity
High ROE: WRG has a negative Return on Equity (-2.41%), as it is currently unprofitable.