Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services. It operates a fleet of 56 drilling rigs and associated equipment, including 51 in Canada and 5 in the United States. The Production Services segment offers well servicing rigs and related equipment used for completion services, and production work-overs and abandonment services, as well as various maintenance activities on producing shallow to deep oil and natural gas wells; and oilfield equipment rental services. This segment operates a fleet of 66 service rigs comprising 32 singles, 26 doubles, and 8 slant service rigs. The company serves oil and natural gas exploration and production companies. Western Energy Services Corp. is headquartered in Calgary, Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:WRG
- CUSIP: N/A
- Web: www.wesc.ca/
- Market Cap: C$99.63 million
- Outstanding Shares: 73,799,000
- 50 Day Moving Avg: C$1.23
- 200 Day Moving Avg: C$1.82
- 52 Week Range: C$1.07 - C$3.52
Sales & Book Value:
- Trailing P/E Ratio: N/A
- P/E Growth: 0.19
- Annual Revenue: C$195.14 million
- Price / Sales: 0.51
- Book Value: C$5.18 per share
- Price / Book: 0.26
- EBIDTA: C$20.11 million
- Net Margins: -49.92%
- Return on Equity: -17.00%
- Return on Assets: -8.64%
- Average Volume: 163,535 shs.
- Short Ratio: 7.36
Frequently Asked Questions for Western Energy Services Corp (TSE:WRG)
What is Western Energy Services Corp's stock symbol?
Western Energy Services Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "WRG."
How were Western Energy Services Corp's earnings last quarter?
Western Energy Services Corp (TSE:WRG) issued its earnings results on Thursday, July, 30th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.08. The firm earned $32.04 million during the quarter, compared to the consensus estimate of $36.23 million. Western Energy Services Corp had a negative return on equity of 17.00% and a negative net margin of 49.92%. View Western Energy Services Corp's Earnings History.
When will Western Energy Services Corp make its next earnings announcement?
Where is Western Energy Services Corp's stock going? Where will Western Energy Services Corp's stock price be in 2017?
6 brokers have issued 1 year price targets for Western Energy Services Corp's stock. Their forecasts range from C$1.40 to C$4.00. On average, they expect Western Energy Services Corp's stock price to reach C$2.71 in the next year. View Analyst Ratings for Western Energy Services Corp.
Who are some of Western Energy Services Corp's key competitors?
Some companies that are related to Western Energy Services Corp include GMP Capital (GMP), Alexco Resource Corp. (AXR), AuRico Metals (AMI), TECSYS (TCS), Bellatrix Exploration Ltd (BXE), Nautilus Minerals (NUS), NewCastle Gold Ltd (NCA), NeuLion (NLN), Xtreme Drilling Corp (XDC), CENTRIC HEALTH Corp (CHH), Mandalay Resources Corp. (MND), Gear Energy Ltd (GXE), Aralez Pharmaceuticals (ARZ), Stuart Olson (SOX), Ecosynthetix (ECO), North American Energy Partners (NOA), KP Tissue (KPT) and PHX Energy Services Corp (PHX).
Who are Western Energy Services Corp's key executives?
Western Energy Services Corp's management team includes the folowing people:
- Ronald P. Mathison, Independent Chairman of the Board
- Alex R N MacAusland, President, Chief Executive Officer, Director
- Jeffrey K. Bowers, Chief Financial Officer, Senior Vice President - Finance
- Rick M. Harrison, Senior Vice President - Operations
- Darcy D. Reinboldt, Senior Vice President - Operations
- David G. Trann, Vice President - Finance
- Timothy J. Sebastian, Vice President - Corporate Development and General Counsel
- Jeff A. Vathje, Vice President - Human Resources
- Steven MacNabb, Vice President - Health Safety and Environment
- Cordell Verweire, Vice President - Marketing
How do I buy Western Energy Services Corp stock?
Shares of Western Energy Services Corp and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Western Energy Services Corp's stock price today?
MarketBeat Community Rating for Western Energy Services Corp (TSE WRG)MarketBeat's community ratings are surveys of what our community members think about Western Energy Services Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Western Energy Services Corp stock can currently be purchased for approximately C$1.35.
Consensus Ratings for Western Energy Services Corp (TSE:WRG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||C$2.71|
Analysts' Ratings History for Western Energy Services Corp (TSE:WRG)
(Data available from 9/22/2015 forward)
|8/22/2017||Raymond James Financial, Inc.||Lower Price Target||Market Perform||C$1.85 -> C$1.40|
|7/28/2017||Canaccord Genuity||Lower Price Target||C$1.80 -> C$1.60|
|7/20/2017||CIBC||Lower Price Target||C$4.25 -> C$3.25|
|4/28/2017||Royal Bank Of Canada||Lower Price Target||Outperform||C$4.00 -> C$3.50|
|4/27/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||C$3.00 -> C$4.00|
|1/9/2017||AltaCorp Capital||Upgrade||Speculative -> Outperform|
|10/26/2016||TD Securities||Reiterated Rating||Hold||C$2.50|
|7/28/2016||FirstEnergy Capital||Lower Price Target||C$5.50 -> C$4.75|
|2/8/2016||Clarus Securities||Downgrade||Buy -> Hold|
Earnings History for Western Energy Services Corp (TSE:WRG)Earnings History by Quarter for Western Energy Services Corp (TSE WRG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/30/2015||Q2||C($0.06)||C($0.14)||C$36.23 million||C$32.04 million||View||Listen|
|7/30/2014||C($0.01)||C$0.06||C$68.45 million||C$81.98 million||View||N/A|
|5/1/2014||C$0.30||C$0.34||C$144.35 million||C$161.42 million||View||N/A|
Earnings Estimates for Western Energy Services Corp (TSE:WRG)
2017 EPS Consensus Estimate: ($0.51)
2018 EPS Consensus Estimate: ($0.06)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Western Energy Services Corp (TSE WRG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Western Energy Services Corp (TSE:WRG)Insider Trades by Quarter for Western Energy Services Corp (TSE:WRG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/16/2017||Darcy Donald Reinboldt||Insider||Sell||1,463||C$1.26||C$1,843.38|
|8/15/2017||Darcy Donald Reinboldt||Insider||Sell||1,137||C$1.25||C$1,421.25|
|8/14/2017||Darcy Donald Reinboldt||Insider||Sell||2,469||C$1.26||C$3,110.94|
|12/9/2015||David George Trann||Insider||Buy||10,000||C$3.15||C$31,500.00|
|11/24/2015||Jeffery Allen Vathje||Insider||Buy||7,500||C$3.72||C$27,900.00|
Headline Trends for Western Energy Services Corp (TSE:WRG)
Latest Headlines for Western Energy Services Corp (TSE:WRG)
Western Energy Services Corp (WRG) Chart for Friday, September, 22, 2017