Executive Summary
CWC Energy Services Corp., a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and development companies in the Western Canadian Sedimentary Basin. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has CWC Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWC is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: CWC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
Market Performance
7 Day Return
18.8%
CWC
2.7%
CA Energy Services
1.2%
CA Market
1 Year Return
90.0%
CWC
73.2%
CA Energy Services
27.8%
CA Market
Return vs Industry: CWC exceeded the Canadian Energy Services industry which returned 73.4% over the past year.
Return vs Market: CWC exceeded the Canadian Market which returned 27.4% over the past year.
Shareholder returns
| CWC | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.8% | 2.7% | 1.2% |
| 30 Day | 18.8% | -9.4% | -1.5% |
| 90 Day | 22.6% | 5.3% | 2.1% |
| 1 Year | 90.0%90.0% | 75.0%73.2% | 31.7%27.8% |
| 3 Year | 5.6%5.6% | -49.7%-53.8% | 29.5%17.0% |
| 5 Year | -5.0%-5.0% | -57.3%-61.5% | 51.9%29.6% |
Long-Term Price Volatility Vs. Market
How volatile is CWC Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is CWC Energy Services (CVE:CWC) Using Too Much Debt?1 month ago | Simply Wall St
It Looks Like CWC Energy Services Corp.'s (CVE:CWC) CEO May Expect Their Salary To Be Put Under The MicroscopeValuation
Is CWC Energy Services undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CWC (CA$0.19) is trading below our estimate of fair value (CA$0.38)
Significantly Below Fair Value: CWC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CWC is unprofitable, so we can't compare its PE Ratio to the Canadian Energy Services industry average.
PE vs Market: CWC is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CWC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWC's PB Ratio (0.6x) is in line with the CA Energy Services industry average.
Future Growth
How is CWC Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
74.6%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CWC Energy Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has CWC Energy Services performed over the past 5 years?
-0.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWC is currently unprofitable.
Growing Profit Margin: CWC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CWC is unprofitable, and losses have increased over the past 5 years at a rate of 0.2% per year.
Accelerating Growth: Unable to compare CWC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CWC is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (12.9%).
Return on Equity
High ROE: CWC has a negative Return on Equity (-3.08%), as it is currently unprofitable.
Financial Health
How is CWC Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: CWC's short term assets (CA$23.3M) exceed its short term liabilities (CA$7.6M).
Long Term Liabilities: CWC's short term assets (CA$23.3M) do not cover its long term liabilities (CA$36.5M).
Debt to Equity History and Analysis
Debt Level: CWC's debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: CWC's debt to equity ratio has reduced from 34.3% to 18.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CWC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CWC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.1% per year.
Dividend
What is CWC Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CWC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CWC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CWC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CWC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CWC is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CWC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Duncan Au
10.5yrs
Tenure
CA$610,307
Compensation
Mr. Duncan T. Au, FCPA, FCA, CFA, has been the Chief Executive Officer and President of CWC Energy Services Corp. (Formerly CWC Well Services Corp). (formerly, Central Alberta Well Services Corp.) since Ja...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($USD485.79K) is above average for companies of similar size in the Canadian market ($USD166.21K).
Compensation vs Earnings: Duncan's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CWC's management team is seasoned and experienced (6.5 years average tenure).
Board Members
Experienced Board: CWC's board of directors are seasoned and experienced ( 11 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CWC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CWC Energy Services Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CWC Energy Services Corp.
- Ticker: CWC
- Exchange: TSXV
- Founded: NaN
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$95.868m
- Shares outstanding: 504.57m
- Website: https://www.cwcenergyservices.com
Number of Employees
Location
- CWC Energy Services Corp.
- Bow Valley Square II
- Suite 610
- Calgary
- Alberta
- T2P 2V7
- Canada
Listings
Biography
CWC Energy Services Corp., a contract drilling and well servicing company, provides oilfield services to oil and gas exploration and development companies in the Western Canadian Sedimentary Basin. The com...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/28 02:32 |
| End of Day Share Price | 2021/07/27 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.