Solid Gross And EBITDA MarginsA roughly 49% gross margin and positive EBITDA margin (~8.9%) indicate the business retains meaningful value after direct costs and has operational profitability before non‑cash items. That structural margin buffer supports resilience across commodity cycles and improves odds of returning to net profitability when top‑line stabilizes.

Positive Operating Cash FlowConsistent positive operating cash flow shows core E&P operations can generate cash despite earnings volatility. Durable OCF provides working capital to fund near‑term operations, service obligations and bridge investments, reducing immediate reliance on external financing during cyclical troughs.

Asset Base Exceeds DebtHaving total assets above total debt provides a tangible recovery cushion and collateral base. This structural asset coverage supports access to secured financing and provides strategic optionality (asset sales or secured facilities) to manage liquidity through extended commodity cycles.

Bears Say

Revenue Decline And Net LossesA sustained revenue decline (-10.7% TTM) combined with a large negative net margin (~-26.9%) erodes internal capital generation and makes self‑funding growth or capex difficult. Structural top‑line weakness increases dependency on external capital and raises the bar for recovery even if commodity prices improve.

Elevated LeverageDebt-to-equity near 3.7x signals heavy reliance on debt financing and a thin equity base. High leverage reduces financial flexibility, magnifies earnings volatility impact on solvency, and increases refinancing and interest coverage risk, which materially constrains long‑term strategic options.

Negative Free Cash Flow And VolatilityMeaningfully negative free cash flow and volatile cash generation imply the company regularly consumes cash for capex or working capital, requiring recurrent external funding. Structural negative FCF raises liquidity risk, heightens dilution or debt issuance likelihood, and limits reinvestment capacity.

Wescan Energy News

WesCan Energy Reports Successful Startup and Growth at Provost Well

An announcement from Wescan Energy ( ($TSE:WCE) ) is now available. WesCan Energy Corp. has announced the successful...

5M ago

Wescan Energy Completes Multilateral Oil Well Drilling in Alberta

An update from Wescan Energy ( ($TSE:WCE) ) is now available. Wescan Energy Corp. has successfully completed the...

6M ago

WesCan Energy Secures $2 Million Loan for Oil Development

Wescan Energy ( ($TSE:WCE) ) has shared an announcement. WesCan Energy Corp. has secured a $2 million loan...

6M ago

Wescan Energy Initiates Drilling of Multilateral Well in Alberta

Wescan Energy ( ($TSE:WCE) ) just unveiled an update. Wescan Energy Corp. has commenced drilling a multilateral horizontal...

7M ago

WesCan Energy Corp. Issues Stock Options to Leadership

Wescan Energy ( ($TSE:WCE) ) has provided an update. WesCan Energy Corp. has announced the issuance of 1,000,000...

7M ago

WesCan Energy Strengthens Board with New Appointment

An announcement from Wescan Energy ( ($TSE:WCE) ) is now available. WesCan Energy Corp. has appointed Sarshar Ahmad...

1y ago

WCE

WCE FAQ

What was Wescan Energy Corp’s price range in the past 12 months?

Wescan Energy Corp lowest stock price was C$0.03 and its highest was C$0.10 in the past 12 months.

What is Wescan Energy Corp’s market cap?

Wescan Energy Corp’s market cap is C$3.13M.

When is Wescan Energy Corp’s upcoming earnings report date?

Wescan Energy Corp’s upcoming earnings report date is Mar 02, 2026 which is in 7 days.

How were Wescan Energy Corp’s earnings last quarter?

Wescan Energy Corp released its earnings results on Nov 28, 2025. The company reported -C$0.004 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.004.

Is Wescan Energy Corp overvalued?

According to Wall Street analysts Wescan Energy Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Wescan Energy Corp pay dividends?

Wescan Energy Corp does not currently pay dividends.

What is Wescan Energy Corp’s EPS estimate?

Wescan Energy Corp’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Wescan Energy Corp have?

Wescan Energy Corp has 44,662,956 shares outstanding.

What happened to Wescan Energy Corp’s price movement after its last earnings report?

Wescan Energy Corp reported an EPS of -C$0.004 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Wescan Energy Corp?

Currently, no hedge funds are holding shares in TSE:WCE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Wescan Energy Corp

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in east-central Alberta. The company was formerly known as Great Pacific International Inc. and changed its name to WesCan Energy Corp. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.