Western Energy Serv (TSE:WRG)
TSX:WRG
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WRG Stock Chart & Stats
C$2.09
C$0.05(1.67%)
At close: 4:00 PM EST
C$2.09
C$0.05(1.67%)
Day’s Range― - ―
52-Week RangeC$2.01 - C$3.68
Previous CloseN/A
Volume1.46K
Average Volume (3M)989.00
Market Cap
C$99.50M
Enterprise ValueC$198.96M
Total Cash (Recent Filing)C$3.31M
Total Debt (Recent Filing)C$85.73M
Price to Earnings (P/E)15.3
Beta-0.47
Next Earnings
Jul 28, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding33,843,020
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)>-0.01
Revenue Forecast (FY)C$218.00M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained positive operating and free cash flow provides durable internal funding for maintenance capex, working capital and debt servicing in a cyclical drilling market. Persistent FCF growth improves flexibility to reinvest, reduce leverage or withstand downturns without urgent external financing.
Manageable Leverage And Stronger Balance SheetA lower debt-to-equity ratio and sizable equity cushion reduce refinancing risk and enhance financial resilience across oilfield cycles. This structural improvement supports strategic choices (fleet upkeep, selective capital spending) and lowers probability of distress if commodity-driven cash swings reappear.
Improved Operating MarginsMarked margin recovery indicates stronger pricing, better utilization or tighter cost control at the rig-level. Durable margin expansion amplifies the benefit of incremental utilization, supports conversion of revenue into cash, and provides a structural buffer against cyclical top-line variability.
Bears Say
Continued Net Losses And Negative ReturnsOngoing net losses and negative margins indicate below-the-line costs, financing or non-operating items are still outweighing operating progress. Persistent losses constrain retained earnings, slow equity rebuilding, and limit long-term ability to fund growth organically or deliver shareholder returns until profitability is restored.
Top-line WeaknessSustained revenue declines reduce operating leverage benefits and suggest pressure on utilization or pricing in the drilling franchise. Structural top-line contraction makes margin sustainability harder, limits cash conversion upside, and raises execution risk for any recovery-dependent strategy.
Earnings Quality Mismatch And Volatility RiskThe divergence between strong cash generation and negative accounting earnings points to volatility from non-cash charges, financing or one-time items. This mismatch complicates forecasting, impairs metrics like ROE, and creates uncertainty about when cash strength will translate into sustainable reported profitability.
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$99.50M.
When is Western Energy Serv’s upcoming earnings report date?
Western Energy Serv’s upcoming earnings report date is Jul 28, 2026 which is in 87 days.
How were Western Energy Serv’s earnings last quarter?
Western Energy Serv released its earnings results on Apr 28, 2026. The company reported C$0.05 earnings per share for the quarter, beating the consensus estimate of -C$0.012 by C$0.062.
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 -0.13.
How many shares outstanding does Western Energy Serv have?
Western Energy Serv has 33,843,020 shares outstanding.
What happened to Western Energy Serv’s price movement after its last earnings report?
Western Energy Serv reported an EPS of C$0.05 in its last earnings report, beating expectations of -C$0.012. Following the earnings report the stock price went up 1.286%.
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 service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 63 service rigs. It serves crude oil and natural gas exploration and production companies. The company was incorporated in 2013 and is headquartered in Calgary, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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