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WRG Stock Chart & Stats
C$3.45
-C$0.10(-2.90%)
At close: 4:00 PM EDT
C$3.45
-C$0.10(-2.90%)
Day’s Range― - ―
52-Week RangeC$2.01 - C$3.68
Previous CloseN/A
Volume500.00
Average Volume (3M)989.00
Market Cap
C$115.10M
Enterprise ValueC$182.20
Total Cash (Recent Filing)C$10.89M
Total Debt (Recent Filing)C$75.05M
Price to Earnings (P/E)―
Beta-0.63
Next Earnings
Oct 27, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.77
Shares Outstanding33,853,176
10 Day Avg. Volume1,388
30 Day Avg. Volume989
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.27
Price to Sales (P/S)0.33
P/FCF Ratio6.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.08
Revenue Forecast (FY)C$218.50M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent positive operating cash flow (~45M TTM) and free cash flow (~25.1M) create durable liquidity. This supports maintenance capex, rig upkeep, debt reduction and working capital needs, giving the firm flexibility to fund operations through industry cycles without immediate external financing.
Improving Balance Sheet / Lower LeverageMaterial debt reduction and a low debt/equity (~0.32x) materially improve financial resiliency. Lower leverage reduces interest burden, enhances covenant headroom and permits more strategic choices—such as reinvesting in rigs or weathering longer downturns—supporting long-term operational stability.
Specialized Fleet And Market FootprintOperating a fleet that includes higher-specification rigs and experienced field crews positions the company to win complex, higher-margin contracts. Focus on Western Canada and select U.S. markets provides customer proximity and technical differentiation that supports contract stickiness and pricing power over multi-quarter cycles.
Bears Say
Severe Top-line ContractionA roughly 70% TTM revenue decline signals pronounced loss of activity and utilization. Because drilling revenue is utilization-driven, sustained top-line weakness can leave rigs idle, spread fixed costs over fewer revenue days, and materially compress cash generation unless activity recovers meaningfully.
Negative Returns On EquityNegative ROE (~-9.6% TTM) indicates the balance sheet has not translated into shareholder earnings. Persistent negative returns restrict the firm's ability to grow equity value, limit reinvestment capacity, and signal structural profitability challenges even as leverage improves.
Cyclical Demand ExposureThe business is inherently tied to E&P budgets, day-rates and utilization, making revenues and margins highly cyclical. This structural sensitivity means multi-quarter earnings and utilization can swing widely with commodity prices, creating persistent uncertainty around durable margin recovery.
Western Energy Services News
WRG FAQ
What was Western Energy Serv’s price range in the past 12 months?
Western Energy Serv lowest stock price was C$2.01 and its highest was C$3.68 in the past 12 months.
What is Western Energy Serv’s market cap?
Western Energy Serv’s market cap is C$115.10M.
When is Western Energy Serv’s upcoming earnings report date?
Western Energy Serv’s upcoming earnings report date is Oct 27, 2026 which is in 86 days.
How were Western Energy Serv’s earnings last quarter?
Western Energy Serv released its earnings results on Jul 28, 2026. The company reported -C$0.12 earnings per share for the quarter, missing the consensus estimate of -C$0.109 by -C$0.011.
Is Western Energy Serv overvalued?
According to Wall Street analysts Western Energy Serv’s price is currently Overvalued.
Does Western Energy Serv pay dividends?
Western Energy Serv pays a Quarterly dividend of C$6 which represents an annual dividend yield of N/A. See more information on Western Energy Serv dividends here
What is Western Energy Serv’s EPS estimate?
Western Energy Serv’s EPS estimate is 0.03.
How many shares outstanding does Western Energy Serv have?
Western Energy Serv has 33,853,176 shares outstanding.
What happened to Western Energy Serv’s price movement after its last earnings report?
Western Energy Serv reported an EPS of -C$0.12 in its last earnings report, missing expectations of -C$0.109. Following the earnings report the stock price went down -4.296%.
Which hedge fund is a major shareholder of Western Energy Serv?
Currently, no hedge funds are holding shares in TSE:WRG
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
Western Energy Serv
Western Energy Services Corp. operates as an oilfield services provider across Canada and the United States. The company structures its operations into two primary divisions: Contract Drilling and Production Services. Through its Contract Drilling segment, it delivers specialized drilling services utilizing its fleet of drilling rigs and associated auxiliary equipment. The Production Services division, conversely, furnishes well servicing rigs and related machinery, in addition to offering oilfield equipment rental solutions to other companies within the sector. Western Energy Services boasts a substantial inventory of 57 drilling rigs and 63 service rigs. Its client base predominantly comprises enterprises involved in the exploration and production of crude oil and natural gas. The firm was established in 2013 and is headquartered in Calgary, Canada.
Technical Analysis
Precision Drilling
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