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

Company Overview

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment.

Key Stats

• Today's Range: C$2.20 to C$2.23
• 50-Day Range: C$2.07 to C$2.75
• 52-Week Range: C$1.85 to C$3.31
• Volume: 2,850 shs
• Average Volume: 15,376 shs
• Market Capitalization: C$75.12 million
• P/E Ratio: N/A
• Dividend Yield: 9.01%
• Price Target: C$3.00
• Consensus Rating: Hold

WRG Stock Analysis - Frequently Asked Questions

How have WRG shares performed this year?

Western Energy Services' stock was trading at C$2.61 on January 1st, 2025. Since then, WRG stock has decreased by 14.9% and is now trading at C$2.22.
View the best growth stocks for 2025 here.

How were Western Energy Services' earnings last quarter?

Western Energy Services Corp. (TSE:WRG) released its earnings results on Tuesday, October, 29th. The company reported ($0.04) EPS for the quarter. Western Energy Services had a negative net margin of 3.45% and a negative trailing twelve-month return on equity of 2.40%.

How do I buy shares of Western Energy Services?

Shares of WRG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Western Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Energy Services investors own include Toronto-Dominion Bank (TD), Meta Platforms (META), Trican Well Service (TCW), B2Gold (BTO), Calfrac Well Services (CFW), Pine Cliff Energy (PNE) and Shopify (SHOP).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 4/01/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: N/A
• Current Symbol: TSE:WRG
• CIK: N/A
• Web: www.wesc.ca
• Phone: +1-403-9845916
• Fax: N/A
• Employees: 675
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.00
• High Stock Price Target: C$3.25
• Low Stock Price Target: C$2.75
• Potential Upside/Downside: +35.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.81
• P/E Growth: 0.09
• Net Income: C$-7,470,000.00
• Net Margins: -3.45%
• Pretax Margin: N/A
• Return on Equity: -2.40%
• Return on Assets: 0.18%

Debt

• Debt-to-Equity Ratio: 37.49
• Current Ratio: 1.82
• Quick Ratio: 1.46

Sales & Book Value

• Annual Sales: C$216.27 million
• Price / Sales: 0.35
• Cash Flow: C$0.25 per share
• Price / Cash Flow: 8.79
• Book Value: C$8.65 per share
• Price / Book: 0.26

Miscellaneous

• Outstanding Shares: 33,840,000
• Free Float: N/A
• Market Cap: C$75.12 million
• Optionable: Not Optionable
• Beta: 1.49