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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Energy Services in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRG, but not buy additional shares or sell existing shares.
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2 Wall Street analysts have issued 12-month target prices for Western Energy Services' stock. Their WRG share price forecasts range from C$3.00 to C$3.00. On average, they predict the company's share price to reach C$3.00 in the next year. This suggests that the stock has a possible downside of 20.6%.
View analysts price targets for WRG or view top-rated stocks among Wall Street analysts.

Western Energy Services' stock was trading at C$3.39 at the beginning of the year. Since then, WRG shares have increased by 11.5% and is now trading at C$3.78.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our WRG earnings forecast.

Western Energy Services Corp. (TSE:WRG) announced its earnings results on Tuesday, July, 25th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.07. The firm had revenue of $42.95 million for the quarter, compared to analyst estimates of $50 million. Western Energy Services had a negative net margin of 2.46% and a negative trailing twelve-month return on equity of 1.91%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Energy Services investors own include Calfrac Well Services (CFW), Trican Well Service (TCW), Bellatrix Exploration (BXE), Canadian Imperial Bank of Commerce (CM), AltaGas (ALA), Altius Minerals (ALS), Baytex Energy (BTE), B2Gold (BTO), Corus Entertainment (CJR.B) and

Western Energy Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WRG."

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.
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One share of WRG stock can currently be purchased for approximately C$3.78.

Western Energy Services (TSE:WRG) has a market capitalization of C$127.92 million and generates C$241.47 million in revenue each year. The company earns C$-5,930,000.00 in net income (profit) each year or C($1.31) on an earnings per share basis.

The company employs 566 workers across the globe.

Western Energy Services' mailing address is 1700-215 9 Ave SW, CALGARY, AB T2P 1K3, Canada. The official website for the company is www.wesc.ca. The company can be reached via phone at +1-403-9845916.