Western Energy Services Corp Company Profile (TSE:WRG)

About Western Energy Services Corp (TSE:WRG)

Western Energy Services Corp logoWestern Energy Services Corp. is a Canada-based oilfield service company. The Company is focused on three core business lines: contract drilling, well servicing and oilfield rental equipment services. It operates in the oilfield service industry through its contract drilling segment in Canada and the United States, and through its production services segment in Canada. The Contract drilling segment includes drilling rigs along with related ancillary equipment and provides services to oil and natural gas exploration and production companies. The Production services includes well servicing rigs and related equipment, as well as oilfield rental equipment and provides services to oil and natural gas exploration and production companies and in the case of oilfield rental equipment, to other oilfield service companies as well. It provides contract drilling services through its division, Horizon Drilling in Canada, and its subsidiary, Stoneham Drilling Corporation, in the United States.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:WRG
  • CUSIP: N/A
  • Web: www.wesc.ca/
Capitalization:
  • Market Cap: C$103.32 million
  • Outstanding Shares: 73,798,000
Average Prices:
  • 50 Day Moving Avg: C$1.81
  • 200 Day Moving Avg: C$2.38
  • 52 Week Range: C$1.38 - C$3.52
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.23
Sales & Book Value:
  • Annual Revenue: C$174.72 million
  • Price / Sales: 0.59
  • Book Value: C$5.43 per share
  • Price / Book: 0.26
Profitability:
  • EBIDTA: C$12.15 million
  • Net Margins: -5.18%
  • Return on Equity: -4.36%
  • Return on Assets: -2.22%
Misc:
  • Average Volume: 103,287 shs.
  • Short Ratio: 19.95
 
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) announced its quarterly earnings results on Thursday, July, 30th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.08. The business earned $32.04 million during the quarter, compared to analysts' expectations of $36.23 million. Western Energy Services Corp had a negative return on equity of 4.36% and a negative net margin of 5.18%. View Western Energy Services Corp's Earnings History.

When will Western Energy Services Corp make its next earnings announcement?

Western Energy Services Corp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Western Energy Services Corp.

Where is Western Energy Services Corp's stock going? Where will Western Energy Services Corp's stock price be in 2017?

6 equities research analysts have issued 12 month price targets for Western Energy Services Corp's stock. Their predictions range from C$1.80 to C$4.75. On average, they expect Western Energy Services Corp's stock price to reach C$3.21 in the next twelve months. View Analyst Ratings for Western Energy Services Corp.

Who are some of Western Energy Services Corp's key competitors?

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?

One share of Western Energy Services Corp stock can currently be purchased for approximately C$1.40.


MarketBeat Community Rating for Western Energy Services Corp (TSE WRG)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  216
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.

Analyst Ratings

Consensus Ratings for Western Energy Services Corp (TSE:WRG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: C$3.21

Analysts' Ratings History for Western Energy Services Corp (TSE:WRG)
Show:
DateFirmActionRatingPrice TargetDetails
7/20/2017CIBCLower Price TargetC$4.25 -> C$3.25View Rating Details
7/11/2017Canaccord GenuityLower Price TargetC$2.50 -> C$1.80View Rating Details
4/28/2017Royal Bank Of CanadaLower Price TargetOutperformC$4.00 -> C$3.50View Rating Details
4/27/2017Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformC$2.60 -> C$2.65View Rating Details
4/27/2017ScotiabankUpgradeSector Perform -> OutperformC$3.00 -> C$4.00View Rating Details
1/9/2017AltaCorp CapitalUpgradeSpeculative -> OutperformView Rating Details
10/26/2016TD SecuritiesReiterated RatingHoldC$2.50View Rating Details
7/28/2016FirstEnergy CapitalLower Price TargetC$5.50 -> C$4.75View Rating Details
2/8/2016Clarus SecuritiesDowngradeBuy -> HoldView Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for Western Energy Services Corp (TSE:WRG)
Earnings by Quarter for Western Energy Services Corp (TSE:WRG)
Earnings History by Quarter for Western Energy Services Corp (TSE WRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017($0.21)N/AView Earnings Details
7/30/2015Q2($0.06)($0.14)$36.23 million$32.04 millionViewListenView Earnings Details
7/30/2014($0.01)$0.06$68.45 million$81.98 millionViewN/AView Earnings Details
5/1/2014$0.30$0.34$144.35 million$161.42 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Energy Services Corp (TSE:WRG)
2017 EPS Consensus Estimate: ($0.51)
2018 EPS Consensus Estimate: ($0.06)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.17)($0.06)($0.12)
Q2 20173($0.23)($0.11)($0.19)
Q3 20173($0.13)($0.09)($0.12)
Q4 20173($0.13)($0.03)($0.08)
Q1 20182($0.02)$0.10$0.04
Q2 20182($0.15)($0.04)($0.10)
Q3 20182($0.02)$0.00($0.01)
Q4 20181$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Western Energy Services Corp (TSE WRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/30/2015$0.066/26/20156/30/20157/16/2015
2/26/2015$0.063/27/20153/31/20154/16/2015
10/30/2014quarterly$0.0812/29/201412/31/20141/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Western Energy Services Corp (TSE:WRG)
Insider Trades by Quarter for Western Energy Services Corp (TSE:WRG)
Insider Trades by Quarter for Western Energy Services Corp (TSE:WRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/9/2015David George TrannInsiderBuy10,000C$3.15C$31,500.00
11/24/2015Jeffery Allen VathjeInsiderBuy7,500C$3.72C$27,900.00
9/24/2015Ronald MathisonDirectorSell50,000C$5.21C$260,250.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Western Energy Services Corp (TSE:WRG)
Latest Headlines for Western Energy Services Corp (TSE:WRG)
Source:
DateHeadline
americanbankingnews.com logoWestern Energy Services Corp (TSE:WRG) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 4:56 PM
finance.yahoo.com logoWestern Energy Services Corp. -- Moody's upgrades Western Energy to Caa1
finance.yahoo.com - July 21 at 8:46 AM
americanbankingnews.com logoWestern Energy Services Corp (TSE:WRG) Price Target Lowered to C$3.25 at CIBC
www.americanbankingnews.com - July 20 at 3:26 PM
seekingalpha.com logoWestern Energy Services As Measured Against Precision Drilling Corporation
seekingalpha.com - July 17 at 3:25 PM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - July 17 at 8:53 AM
finance.yahoo.com logoWestern Energy Services Corp. 2017 Second Quarter Financial and Operating Results Conference Call and Webcast
finance.yahoo.com - July 14 at 10:04 AM
americanbankingnews.com logoWestern Energy Services Corp (TSE:WRG) PT Lowered to C$1.80 at Canaccord Genuity
www.americanbankingnews.com - July 11 at 2:20 PM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 26 at 4:34 PM
finance.yahoo.com logoWestern Energy Services Corp. – Value Analysis (TORONTO:WRG) : May 31, 2017
finance.yahoo.com - June 1 at 4:25 AM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 30 at 5:26 PM
finance.yahoo.com logoWestern Energy Services Corp. breached its 50 day moving average in a Bullish Manner : WRG-CA : May 30, 2017
finance.yahoo.com - May 30 at 8:08 AM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 5 at 10:10 AM
finance.yahoo.com logoWestern Energy Services Corp. Announces Changes to Its Stock Option Plan and Restricted Share Unit Plan to Address ISS Recommendations
finance.yahoo.com - May 2 at 8:12 AM
americanbankingnews.com logoBrokers Offer Predictions for Western Energy Services Corp's Q1 2018 Earnings (WRG)
www.americanbankingnews.com - May 1 at 12:08 PM
americanbankingnews.com logoRoyal Bank of Canada Trims Western Energy Services Corp (WRG) Target Price to C$3.50
www.americanbankingnews.com - April 28 at 2:24 PM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Upgraded to Outperform at Scotiabank
www.americanbankingnews.com - April 27 at 3:10 PM
americanbankingnews.com logoRaymond James Financial, Inc. Upgrades Western Energy Services Corp (WRG) to "Outperform"
www.americanbankingnews.com - April 27 at 3:10 PM
marketbeat.com logoWestern Energy reports 1Q loss
marketbeat.com - April 26 at 7:55 PM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 24 at 8:39 AM
finance.yahoo.com logoWestern Energy Services Corp. 2017 First Quarter Financial and Operating Results Conference Call and Webcast
finance.yahoo.com - April 10 at 8:10 PM
americanbankingnews.com logoWestern Energy Services Corp (WRG) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 10 at 9:55 AM
finance.yahoo.com logoWestern Energy Services Corp. 2016 Fourth Quarter and Year End Financial and Operating Results Conference Call and Webcast
finance.yahoo.com - February 1 at 7:30 AM
reuters.com logoBRIEF-Western Energy Services announces 2017 capital budget
www.reuters.com - January 9 at 8:19 PM
finance.yahoo.com logoWestern Energy Services Corp. Announces 2017 Capital Budget and Provides Operations Update
finance.yahoo.com - January 9 at 8:19 PM
finance.yahoo.com logoMarcus Hiles - Presents Revolutionary Eco-Friendly Amenities in All Western Rim Properties
finance.yahoo.com - December 8 at 11:03 AM
nytimes.com logoIran Races to Clinch Oil Deals Before Donald Trump Takes Office
www.nytimes.com - December 8 at 11:03 AM

Social

Chart

Western Energy Services Corp (WRG) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff