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$110.69M
Enterprise ValueC$190.74M
Total Cash (Recent Filing)C$3.31M
Total Debt (Recent Filing)C$85.73M
Price to Earnings (P/E)―
Beta-0.60
Next Earnings
Jul 28, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.79
Shares Outstanding33,849,834
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
Cash Generation / Free Cash FlowSustained positive operating and free cash flow gives management durable internal funding for maintenance capex, rig upgrades and working capital without constant external financing. This improves resilience through drilling cycles and supports deleveraging, strategic investment or opportunistic M&A over months.
Manageable Leverage / Balance-sheet SupportA relatively low debt-to-equity ratio and a rebuilt capital structure reduce refinancing and solvency risk in a cyclical industry. This foundation enables the company to withstand weaker drilling seasons, fund capital cycles, and pursue higher-specification rig investments without materially elevating default or liquidity stress.
Specialized Rig Fleet And Market PositionOwning higher-specification rigs positions the company to capture more complex, higher-margin drilling programs and differentiate versus commoditized competitors. This structural capability supports pricing power and utilization in core Western Canada and select U.S. markets, helping sustain revenue when exploration requires advanced rigs.
Bears Say
Persistent Net Losses / Negative ROEOngoing net losses and negative ROE erode retained earnings and limit the company's ability to self-fund growth or return capital to shareholders. Over several months this constrains strategic flexibility, may require continued use of cash reserves or new financing, and makes long-term profit recovery a material hurdle.
Softening Revenue TrendA multi-period revenue decline signals either weakening end-market demand or pressure on market share. For a rig-contracted business, lower top-line reduces fixed-cost absorption and limits margin expansion, making sustained profitability and utilization improvements harder to achieve over the coming months.
Earnings Quality / Non-operating PressuresDiscrepancy between cash flow and GAAP losses implies non-operating charges, depreciation, interest or one-offs are depressing reported profits. This complicates forecasting and credit metrics, meaning apparent cash strength may not translate into stable reported earnings or investor-return profiles over the medium term.
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$110.69M.
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 41 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 33,849,834 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 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
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Options Prices
Currently, No data available
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