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Western Energy Serv (TSE:WRG)
TSX:WRG
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$1.85 - C$2.55
Previous CloseN/A
Volume1.46K
Average Volume (3M)989.00
Market Cap
C$85.45M
Enterprise ValueC$174.59M
Total Cash (Recent Filing)C$3.46M
Total Debt (Recent Filing)C$96.82M
Price to Earnings (P/E)―
Beta-0.09
Next Earnings
Apr 28, 2026EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.63
Shares Outstanding33,843,020
10 Day Avg. Volume1,388
30 Day Avg. Volume989
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.30
Price to Sales (P/S)0.40
P/FCF Ratio3.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.50Price Target Upside19.62% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)C$209.50M
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationWestern has produced positive free cash flow growth (10.82% TTM) and an operating cash flow to net income ratio of 1.92. Sustained cash generation improves self‑funding of maintenance capex, supports debt paydown or reinvestment, and provides operational resilience through commodity cycles.
Improved Leverage PositionDebt-to-equity reduced to ~0.34, indicating better leverage management. A lower structural debt burden enhances financial flexibility, lowers interest sensitivity, and gives management room to navigate cyclical drilling demand or pursue selective investments without over-relying on capital markets.
Contract Drilling Business ModelWestern’s core model—contract drilling and support services with day‑rates and term contracts—creates recurring, utilization‑driven revenue. Structural upstream activity gives baseline demand; term contracts and mobilization charges provide revenue visibility and scalability as fleet utilization recovers.
Bears Say
Declining Revenue TrendRevenue contraction (-3.66% TTM) signals softening utilization or pricing in core markets. Persistent top‑line decline erodes operating leverage, limits ability to absorb fixed costs, and makes margin recovery and sustainable earnings growth harder without a clear reversal in industry activity or contract wins.
Negative Profitability And ROEOngoing negative net margins and a negative ROE indicate the business is not yet converting revenue into shareholder returns. Over the medium term this limits retained earnings build‑up, constrains reinvestment capacity, and can impair access to attractive external financing if profitability does not improve.
Gross Margin CompressionA sharp drop in gross margin (81.6% to 65.73% TTM) points to cost pressures or weaker pricing leverage. Margin compression reduces the buffer for SG&A and interest costs, increasing cash flow volatility and making earnings more sensitive to utilization swings absent structural cost reductions or pricing 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$1.85 and its highest was C$2.55 in the past 12 months.
What is Western Energy Serv’s market cap?
Western Energy Serv’s market cap is C$85.45M.
When is Western Energy Serv’s upcoming earnings report date?
Western Energy Serv’s upcoming earnings report date is Apr 28, 2026 which is in 61 days.
How were Western Energy Serv’s earnings last quarter?
Western Energy Serv released its earnings results on Feb 25, 2026. The company reported -C$0.63 earnings per share for the quarter, missing the consensus estimate of C$0.043 by -C$0.673.
Is Western Energy Serv overvalued?
According to Wall Street analysts Western Energy Serv’s price is currently Undervalued.
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 0.04.
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$0.63 in its last earnings report, missing expectations of C$0.043. Following the earnings report the stock price went same N/A.
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.
WRG Stock 12 Month Forecast
Average Price Target
C$2.50
▲(19.62% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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