Western Energy Services Corp.WRG.TO

$3.40+0.23 (+7.26%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$115M
Micro-cap
-96%
2016 — today
10-Year Price
-99%
2016 — today
52-Week Range
$2.01$3.45
Current $3.40· 97%

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.

Valuation in context

P/E ratio
-4.3
N/A
Not meaningful — company is unprofitable
P/B ratio
0.4
Below average
Below the 10-year average
EV / EBITDA
4.3
Below average
Below the 10-year average
FCF Yield
17.8%
Above average
Above the 10-year average
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