Western Energy Services (WEEEF) Stock Price, News & Analysis

Company Overview

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services. Western Energy Services Corp. is headquartered in Calgary, Canada.

Key Stats

• Today's Range: $1.71 to $1.71
• 50-Day Range: $1.71 to $2.15
• 52-Week Range: $1.71 to $2.15
• Volume: 15 shs
• Average Volume: 891 shs
• Market Capitalization: $58.02 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Western Energy Services Stock Analysis - MarketRank™

Western Energy Services scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Western Energy Services.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Western Energy Services is -11.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Western Energy Services is -11.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Western Energy Services has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Western Energy Services have been sold short.

Short Interest Ratio / Days to Cover

Western Energy Services has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Western Energy Services has recently increased by 14.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Western Energy Services does not currently pay a dividend.

Dividend Growth

Western Energy Services does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Western Energy Services have been sold short.

Short Interest Ratio / Days to Cover

Western Energy Services has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Western Energy Services has recently increased by 14.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Western Energy Services has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Western Energy Services this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Western Energy Services insiders have not sold or bought any company stock.

Percentage Held by Insiders

50.00% of the stock of Western Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

WEEEF Stock Analysis - Frequently Asked Questions

How have WEEEF shares performed this year?

Western Energy Services' stock was trading at $1.99 at the beginning of 2024. Since then, WEEEF stock has decreased by 13.8% and is now trading at $1.7145.
View the best growth stocks for 2024 here.

How were Western Energy Services' earnings last quarter?

Western Energy Services Corp. (OTCMKTS:WEEEF) issued its earnings results on Tuesday, October, 29th. The company reported ($0.03) EPS for the quarter. The firm earned $42.77 million during the quarter. Western Energy Services had a negative net margin of 3.19% and a negative trailing twelve-month return on equity of 2.37%.

When did Western Energy Services' stock split?

Western Energy Services shares reverse split on Thursday, August 4th 2022. The 1-120 reverse split was announced on Thursday, August 4th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 4th 2022. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

How do I buy shares of Western Energy Services?

Shares of WEEEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Oils/Energy
• Industry: Drilling oil & gas wells
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: OTCMKTS:WEEEF
• CUSIP: N/A
• CIK: N/A
• Web: www.wesc.ca
• Phone: (403) 984-5916
• Fax: 403-984-5917
• Employees: 675
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.15)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,340,000.00
• Net Margins: -3.19%
• Pretax Margin: -4.05%
• Return on Equity: -2.37%
• Return on Assets: -1.60%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 1.59
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: $172.93 million
• Price / Sales: 0.34
• Cash Flow: $0.73 per share
• Price / Cash Flow: 2.35
• Book Value: $6.47 per share
• Price / Book: 0.26

Miscellaneous

• Outstanding Shares: 33,843,000
• Free Float: 16,922,000
• Market Cap: $58.02 million
• Optionable: Not Optionable
• Beta: 0.90