WGT Stock Overview

Engages in the exploration and production of oil and gas in Eastern Alberta. More details

WGT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Revenue grew by 197.9% over the past year

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (CA$11M)

Less than 3 years of financial data is available

Does not have meaningful revenue (CA$2M)

My Notes

Capture your thoughts, links and company narrative

Westgate Energy Inc. Competitors

Trillion Energy International

CNSX:TCF

CA$9.6m

Royal Helium

TSXV:RHC

CA$8.9m

Prospera Energy

TSXV:PEI

CA$12.8m

Petro-Victory Energy

TSXV:VRY

CA$20.4m

Price History & Performance

Summary of share price highs, lows and changes for Westgate Energy
Historical stock prices
Current Share Price	CA$0.23
52 Week High	CA$0.46
52 Week Low	CA$0.14
Beta	1.59
1 Month Change	32.35%
3 Month Change	7.14%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-77.50%
Change since IPO	-99.38%

Recent updates

Shareholder Returns

	WGT	CA Oil and Gas	CA Market
7D	2.3%	-3.5%	-2.6%
1Y	n/a	11.2%	15.2%

Return vs Industry: Insufficient data to determine how WGT performed against the Canadian Oil and Gas industry.

Return vs Market: Insufficient data to determine how WGT performed against the Canadian Market.

Price Volatility

Is WGT's price volatile compared to industry and market?
WGT volatility
WGT Average Weekly Movement	10.9%
Oil and Gas Industry Average Movement	6.3%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.4%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: WGT has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WGT's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Dan Brown	www.westgateenergy.ca/

Westgate Energy Inc. engages in the exploration and production of oil and gas in Eastern Alberta. It operates Killam Property located in Eastern Alberta. The company holds a 100% working interest in six sections of mineral rights covering area of 1,536 hectares located in the Cold Lake Oil Sands Area, Alberta.

Westgate Energy Inc. Fundamentals Summary

How do Westgate Energy's earnings and revenue compare to its market cap?
WGT fundamental statistics
Market cap	CA$11.32m
Earnings (TTM)	-CA$3.07m
Revenue (TTM)	CA$2.39m

4.7x

P/S Ratio

-3.7x

P/E Ratio

Is WGT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGT income statement (TTM)
Revenue	CA$2.39m
Cost of Revenue	CA$1.41m
Gross Profit	CA$982.18k
Other Expenses	CA$4.05m
Earnings	-CA$3.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.061
Gross Margin	41.05%
Net Profit Margin	-128.20%
Debt/Equity Ratio	0%

How did WGT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 11:59
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Westgate Energy Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution