USWS

U.S. Well ServicesNasdaqCM:USWS Stock Report

Market Cap

US$125.5m

7D

-6.9%

1Y

126.7%

Updated

20 Sep, 2021

Data

Company Financials +
USWS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health0/6
Dividends0/6

USWS Overview

U.S. Well Services, Inc. operates as an oilfield service company in the United States.

U.S. Well Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for U.S. Well Services
Historical stock prices
Current Share PriceUS$0.66
52 Week HighUS$0.25
52 Week LowUS$3.37
Beta1.65
1 Month Change-7.74%
3 Month Change-29.37%
1 Year Change126.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO-93.40%

Recent News & Updates

Aug 24

Revisiting U.S. Well Services: The Situation Looks Dire And I'm Still Bearish

The company has debts of close to $400 million and its shareholders’ equity is deeply in the red. In Q2 2021, the adjusted operating profit of U.S. Well Services was much lower than its interest expenses. The company recently closed a deal for $125.5 million of 16% convertible senior secured (Third Lien) PIK notes and I think its future is bleak. I continue to be bearish and the short borrow fee rate stands at 2.88% as of the time of writing.

Shareholder Returns

USWSUS Energy ServicesUS Market
7D-6.9%2.6%-0.6%
1Y126.7%51.6%33.8%

Return vs Industry: USWS exceeded the US Energy Services industry which returned 51.6% over the past year.

Return vs Market: USWS exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is USWS's price volatile compared to industry and market?
USWS volatility
USWS Beta1.65
Industry Beta2.4
Market Beta1

Stable Share Price: USWS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: USWS's weekly volatility has decreased from 18% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012638Joel Broussardhttps://www.uswellservices.com

U.S. Well Services, Inc. operates as an oilfield service company in the United States. It provides hydraulic fracturing services to the oil and natural gas exploration, and production companies. The company was founded in 2012 and is headquartered in Houston, Texas.

Valuation

Is U.S. Well 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: USWS ($0.69) is trading below our estimate of fair value ($4.63)

Significantly Below Fair Value: USWS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: USWS is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: USWS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate USWS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: USWS has negative assets, so we can't compare its PB Ratio to the US Energy Services industry average.


Future Growth

How is U.S. Well Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

84.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: USWS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: USWS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: USWS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: USWS's revenue (22.5% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: USWS's revenue (22.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if USWS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has U.S. Well Services performed over the past 5 years?

-25.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USWS is currently unprofitable.

Growing Profit Margin: USWS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: USWS is unprofitable, and losses have increased over the past 5 years at a rate of 25% per year.

Accelerating Growth: Unable to compare USWS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: USWS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-49.7%).


Return on Equity

High ROE: USWS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is U.S. Well Services's financial position?


Financial Position Analysis

Short Term Liabilities: USWS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: USWS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: USWS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: USWS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: USWS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if USWS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is U.S. Well Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate USWS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate USWS'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 USWS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if USWS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of USWS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Joel Broussard (54 yo)

2.83yrs

Tenure

US$5,559,522

Compensation

Mr. Joel Broussard has been President, Chief Executive Officer & Director of U.S. Well Services, Inc. since November 9, 2018. Mr. Broussard served as Member of the Board of Managers at U.S.Well Services,...


CEO Compensation Analysis

Compensation vs Market: Joel's total compensation ($USD5.56M) is above average for companies of similar size in the US market ($USD544.49K).

Compensation vs Earnings: Joel's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: USWS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: USWS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 149.2%.


Top Shareholders

Company Information

U.S. Well Services, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Well Services, Inc.
  • Ticker: USWS
  • Exchange: NasdaqCM
  • Founded: 2012
  • Industry: Oil and Gas Drilling
  • Sector: Energy
  • Market Cap: US$125.527m
  • Shares outstanding: 182.85m
  • Website: https://www.uswellservices.com

Number of Employees


Location

  • U.S. Well Services, Inc.
  • 1360 Post Oak Boulevard
  • Suite 1800
  • Houston
  • Texas
  • 77056
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 22:38
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
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.