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
Excellent balance sheet with weak fundamentals.
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's share price has been volatile over the past 3 months.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: CWC exceeded the Canadian Energy Services industry which returned -53.9% over the past year.
Return vs Market: CWC exceeded the Canadian Market which returned -5.5% over the past year.
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
2 weeks ago | Simply Wall StHow Should Investors Feel About CWC Energy Services' (CVE:CWC) CEO Remuneration?
1 month ago | Simply Wall StCWC Energy Services'(CVE:CWC) Share Price Is Down 30% Over The Past Five Years.
2 months ago | Simply Wall StThese 4 Measures Indicate That CWC Energy Services (CVE:CWC) Is Using Debt Extensively
Is CWC Energy Services undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CWC (CA$0.16) is trading above our estimate of fair value (CA$0.06)
Significantly Below Fair Value: CWC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWC is unprofitable, so we can't compare its PE Ratio to the CA 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 is overvalued based on its PB Ratio (0.5x) compared to the CA Energy Services industry average (0.3x).
How is CWC Energy Services forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CWC's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CWC's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CWC's revenue is expected to decline over the next 3 years (-12.3% per year).
High Growth Revenue: CWC's revenue is forecast to decline over the next 3 years (-12.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CWC's Return on Equity is forecast to be high in 3 years time
How has CWC Energy Services performed over the past 5 years?
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, but has reduced losses over the past 5 years at a rate of 35.2% 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 (-5.1%).
Return on Equity
High ROE: CWC has a negative Return on Equity (-14.97%), as it is currently unprofitable.
How is CWC Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: CWC's short term assets (CA$8.0M) exceed its short term liabilities (CA$5.6M).
Long Term Liabilities: CWC's short term assets (CA$8.0M) do not cover its long term liabilities (CA$30.7M).
Debt to Equity History and Analysis
Debt Level: CWC's debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: CWC's debt to equity ratio has reduced from 30.1% to 16.2% over the past 5 years.
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, even with free cash flow being positive and shrinking by 12.8% per year.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 Oc ...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($USD410.35K) is above average for companies of similar size in the Canadian market ($USD170.92K).
Compensation vs Earnings: Duncan's compensation has been consistent with company performance over the past year.
|CEO, President & Director||10yrs||CA$542.27k||1.08% |
|Chief Financial Officer||2.83yrs||CA$278.18k||0.041% |
|Vice President of Operations for Well Services||9.75yrs||CA$318.82k||0.18% |
|Vice President of Sales & Marketing for Well Services||5.75yrs||CA$307.88k||no data|
|Vice President of Drilling Operations||4.33yrs||CA$278.18k||no data|
|Vice President of Sales & Marketing - Drilling||4.5yrs||CA$278.18k||0.00049% |
|Corporate Secretary||8.92yrs||no data||no data|
Experienced Management: CWC's management team is seasoned and experienced (5.8 years average tenure).
|CEO, President & Director||10yrs||CA$542.27k||1.08% |
|Independent Director||10.25yrs||CA$38.65k||0.57% |
|Independent Director||5.83yrs||no data||0.011% |
|Independent Director||11.75yrs||CA$39.15k||0.39% |
|Independent Chairman of the Board||no data||no data||no data|
|Independent Director||6.42yrs||CA$31.15k||4.28% |
Experienced Board: CWC's board of directors are seasoned and experienced ( 10.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CWC Energy Services Corp.'s company bio, employee growth, exchange listings and data sources
- Name: CWC Energy Services Corp.
- Ticker: CWC
- Exchange: TSXV
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$80.939m
- Shares outstanding: 505.87m
- Website: https://www.cwcenergyservices.com
Number of Employees
- CWC Energy Services Corp.
- Bow Valley Square II
- Suite 610
- T2P 2V7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CWC||TSXV (TSX Venture Exchange)||Yes||Voting Common Shares||CA||CAD||Sep 2005|
|CAWL.F||OTCPK (Pink Sheets LLC)||Yes||Voting Common Shares||US||USD||Sep 2005|
|0ZW||DB (Deutsche Boerse AG)||Yes||Voting Common Shares||DE||EUR||Sep 2005|
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||2020/10/27 00:45|
|End of Day Share Price||2020/10/26 00:00|
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.