Western 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/
- Market Cap: C$103.32 million
- Outstanding Shares: 73,798,000
- 50 Day Moving Avg: C$1.81
- 200 Day Moving Avg: C$2.38
- 52 Week Range: C$1.38 - C$3.52
Sales & Book Value:
- Trailing P/E Ratio: N/A
- P/E Growth: 0.23
- Annual Revenue: C$174.72 million
- Price / Sales: 0.59
- Book Value: C$5.43 per share
- Price / Book: 0.26
- EBIDTA: C$12.15 million
- Net Margins: -5.18%
- Return on Equity: -4.36%
- Return on Assets: -2.22%
- 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?
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?
Some companies that are related to Western Energy Services Corp include goeasy Ltd (EH), IBI Group (IBG), High Arctic Energy Services (HWO), Cardinal Resources Limited (CDV), Merus Labs International (MSL), Yellow Media (Y), Rocky Mountain Dealerships (RME), Cervus Equipment Corp (CERV), Delphi Energy Corp. (DEE), Horizon North Logistics (HNL), AuRico Metals (AMI), NeuLion (NLN), NewCastle Gold Ltd (NCA), TECSYS (TCS), Xtreme Drilling Corp (XDC), NGEx Resources (NGQ), Mandalay Resources Corp. (MND) and Granite Oil Corp (GXO).
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$1.40.
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: ||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)
(Data available from 7/22/2015 forward)
|7/20/2017||CIBC||Lower Price Target||C$4.25 -> C$3.25|
|7/11/2017||Canaccord Genuity||Lower Price Target||C$2.50 -> C$1.80|
|4/28/2017||Royal Bank Of Canada||Lower Price Target||Outperform||C$4.00 -> C$3.50|
|4/27/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||C$2.60 -> C$2.65|
|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||($0.06)||($0.14)||$36.23 million||$32.04 million||View||Listen|
|7/30/2014||($0.01)||$0.06||$68.45 million||$81.98 million||View||N/A|
|5/1/2014||$0.30||$0.34||$144.35 million||$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|
|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 Saturday, July, 22, 2017