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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$2.01 - C$3.68
Previous CloseN/A
Volume1.46K
Average Volume (3M)989.00
Market Cap
C$105.25M
Enterprise ValueC$194.56M
Total Cash (Recent Filing)C$2.66M
Total Debt (Recent Filing)C$95.02M
Price to Earnings (P/E)―
Beta-0.51
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 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 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
Improved LeverageLeverage reduction to ~0.34–0.39 from >1x materially improves financial flexibility. Lower debt burden reduces refinancing and covenant risk, supports working capital and maintenance spending during downturns, and permits selective reinvestment without immediate equity raises.
Consistent Cash GenerationConsistent positive operating cash flow and generally positive free cash flow show the business can generate cash despite accounting losses. That cash base supports debt service, maintenance capex and operational continuity across cycles, reducing reliance on external capital during recoveries.
Solid Operating MarginsSustained EBITDA margins near 19–23% indicate efficient drilling operations and effective cost control versus prior loss years. Strong operating margins improve resilience to revenue variability, help preserve cash flow at lower utilization, and underpin long-term unit economics.
Bears Say
Choppy Revenue TrendDeclines in revenue in 2024 followed by a sharp drop in 2025 reduce scale and directly depress rig utilization, the core revenue driver. Prolonged top-line weakness undermines pricing leverage, limits margin recovery, and raises the risk of longer-term structural underutilization.
Persistent Net LossesConsecutive net losses across 2023–2025 and shrinking equity erode the firm's capital base. Ongoing unprofitability constrains reinvestment in the fleet, increases probability of financing needs or covenant pressure, and limits strategic flexibility in a capital-intensive sector.
Volatile Free Cash FlowNotable weakening and volatility in free cash flow in 2025 reduce predictability for maintenance and capex funding. This variability raises operational risk, may force deferred maintenance or fleet idling in downturns, and increases dependence on external financing when activity falls.
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$105.25M.
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 40 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 up 2.917%.
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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