TSXV:CWC

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CWC Energy Services

Market Cap

CA$95.9m

Last Updated

2021/07/28 02:32 UTC

Data Sources

Company Financials

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


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

CWCIndustryMarket
7 Day18.8%2.7%1.2%
30 Day18.8%-9.4%-1.5%
90 Day22.6%5.3%2.1%
1 Year90.0%90.0%75.0%73.2%31.7%27.8%
3 Year5.6%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

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/28 02:32
End of Day Share Price2021/07/27 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.