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$2.06 to C$2.06
• 50-Day Range: C$2.01 to C$2.37
• 52-Week Range: C$1.85 to C$3.31
• Volume: 600 shs
• Average Volume: 7,596 shs
• Market Capitalization: C$69.71 million
• P/E Ratio: N/A
• Dividend Yield: 9.71%
• Price Target: C$2.75
• Consensus Rating: Hold

Western Energy Services Stock Analysis - MarketRank™

Western Energy Services scored higher than 67% 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Western Energy Services has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Western Energy Services has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Western Energy Services is -9.81, 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 -9.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Western Energy Services has a PEG Ratio of 0.09. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Western Energy Services has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WRG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Western Energy Services is a leading dividend payer. It pays a dividend yield of 8.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

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

Short Interest

There is no current short interest data available for WRG.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.44

News Sentiment

Western Energy Services has a news sentiment score of -0.44. 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 lower news sentiment than the 0.69 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Western Energy Services this week, compared to 1 article on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Western Energy Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$31,570.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

32.65% of the stock of Western Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

49.68% of the stock of Western Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WRG Stock Analysis - Frequently Asked Questions

How have WRG shares performed this year?

Western Energy Services' stock was trading at C$2.61 at the start of the year. Since then, WRG shares have decreased by 21.1% and is now trading at C$2.06.

How were Western Energy Services' earnings last quarter?

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

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: 8/02/2025

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 Price Target for Western Energy Services: C$2.75
• High Price Target: C$2.75
• Low Price Target: C$2.75
• Potential Upside/Downside: +33.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.74
• P/E Growth: 0.09
• Net Income: -C$7.47 million
• 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: 0.32
• Cash Flow: C$0.23 per share
• Price / Cash Flow: 8.79
• Book Value: C$8.65 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 33,840,000
• Free Float: N/A
• Market Cap: C$69.71 million
• Optionable: Not Optionable
• Beta: 1.49