Western Energy Services Corp. Logo

Western Energy Services Corp.

WRG.TO

(1.2)
Stock Price

2,65 CAD

-1.75% ROA

-2.42% ROE

-11.72x PER

Market Cap.

93.068.250,00 CAD

39.9% DER

0% Yield

-3.09% NPM

Western Energy Services Corp. Stock Analysis

Western Energy Services Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Western Energy Services Corp. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.35x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (42%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

4 ROE

Negative ROE (-1.91%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-1.26%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-41), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Western Energy Services Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Western Energy Services Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Western Energy Services Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Western Energy Services Corp. Revenue
Year Revenue Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 711.438 100%
2005 8.046.139 91.16%
2006 14.118.622 43.01%
2007 15.201.283 7.12%
2008 12.731.894 -19.4%
2009 5.646.000 -125.5%
2010 67.543.000 91.64%
2011 262.519.000 74.27%
2012 308.617.000 14.94%
2013 379.943.000 18.77%
2014 507.832.000 25.18%
2015 227.524.000 -123.2%
2016 124.438.000 -82.84%
2017 238.175.000 47.75%
2018 236.410.000 -0.75%
2019 196.408.000 -20.37%
2020 103.684.000 -89.43%
2021 131.678.000 21.26%
2022 200.344.000 34.27%
2023 220.012.000 8.94%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Western Energy Services Corp. Research and Development Expenses
Year Research and Development Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Western Energy Services Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1.262.894 100%
2009 2.993.000 57.81%
2010 8.508.000 64.82%
2011 0 0%
2012 0 0%
2013 0 0%
2014 35.057.000 100%
2015 30.920.000 -13.38%
2016 24.691.000 -25.23%
2017 25.517.000 3.24%
2018 20.775.000 -22.83%
2019 17.306.000 -20.05%
2020 10.976.000 -57.67%
2021 10.934.000 -0.38%
2022 15.848.000 31.01%
2023 18.460.000 14.15%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Western Energy Services Corp. EBITDA
Year EBITDA Growth
1999 -165.306
2000 -249.337 33.7%
2001 -117.596 -112.03%
2002 -113.092 -3.98%
2003 -246.915 54.2%
2004 -860.084 71.29%
2005 -1.911.411 55%
2006 387.771 592.92%
2007 366.374 -5.84%
2008 -1.577.981 123.22%
2009 -3.606.000 56.24%
2010 54.552.000 106.61%
2011 97.312.000 43.94%
2012 106.332.000 8.48%
2013 114.427.000 7.07%
2014 165.399.000 30.82%
2015 56.223.000 -194.18%
2016 1.164.000 -4730.15%
2017 33.302.000 96.5%
2018 29.421.000 -13.19%
2019 23.202.000 -26.8%
2020 19.485.000 -19.08%
2021 22.614.000 13.84%
2022 37.851.000 40.26%
2023 41.916.000 9.7%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Western Energy Services Corp. Gross Profit
Year Gross Profit Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 711.438 100%
2005 8.046.139 91.16%
2006 14.118.622 43.01%
2007 15.201.283 7.12%
2008 1.853.372 -720.2%
2009 -858.000 316.01%
2010 27.522.000 103.12%
2011 89.989.000 69.42%
2012 98.636.000 8.77%
2013 98.963.000 0.33%
2014 136.982.000 27.75%
2015 47.681.000 -187.29%
2016 -32.774.000 245.48%
2017 -7.177.000 -356.65%
2018 -14.968.000 52.05%
2019 133.241.000 111.23%
2020 55.416.000 -140.44%
2021 89.654.000 38.19%
2022 160.248.000 44.05%
2023 178.880.000 10.42%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Western Energy Services Corp. Net Profit
Year Net Profit Growth
1999 -793.524
2000 -319.337 -148.49%
2001 -222.844 -43.3%
2002 -281.864 20.94%
2003 -240.225 -17.33%
2004 -1.191.798 79.84%
2005 -3.487.461 65.83%
2006 -3.222.375 -8.23%
2007 -4.525.850 28.8%
2008 -5.989.875 24.44%
2009 -8.499.000 29.52%
2010 27.049.000 131.42%
2011 64.746.000 58.22%
2012 45.178.000 -43.31%
2013 35.124.000 -28.62%
2014 36.199.000 2.97%
2015 -129.417.000 127.97%
2016 -62.042.000 -108.6%
2017 -37.526.000 -65.33%
2018 -41.060.000 8.61%
2019 -81.030.000 49.33%
2020 -41.301.000 -96.19%
2021 -35.812.000 -15.33%
2022 28.999.000 223.49%
2023 -5.424.000 634.64%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Western Energy Services Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 -318
2000 -98 -226.8%
2001 -59 -67.24%
2002 -74 21.62%
2003 -44 -68.18%
2004 -118 62.39%
2005 -137 13.97%
2006 -81 -70%
2007 -94 13.98%
2008 -90 -3.33%
2009 -14 -592.31%
2010 12 208.33%
2011 13 7.69%
2012 8 -62.5%
2013 5 -60%
2014 5 0%
2015 -18 127.78%
2016 -9 -125%
2017 -5 -60%
2018 -5 -25%
2019 -9 55.56%
2020 -5 -125%
2021 -5 20%
2022 1 600%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Western Energy Services Corp. Free Cashflow
Year Free Cashflow Growth
1999 -75.318
2000 -271.664 72.28%
2001 -100.568 -170.13%
2002 -52.572 -91.3%
2003 -389.185 86.49%
2004 -4.827.553 91.94%
2005 -872.792 -453.12%
2006 -7.162.323 87.81%
2007 -8.511.098 15.85%
2008 -2.492.131 -241.52%
2009 -3.482.000 28.43%
2010 -14.653.000 76.24%
2011 -29.501.000 50.33%
2012 -22.315.000 -32.2%
2013 19.124.000 216.69%
2014 72.747.000 73.71%
2015 57.393.000 -26.75%
2016 11.912.000 -381.81%
2017 6.509.000 -83.01%
2018 13.180.000 50.61%
2019 23.750.000 44.51%
2020 24.935.000 4.75%
2021 9.765.000 -155.35%
2022 -5.687.000 271.71%
2023 5.919.000 196.08%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Western Energy Services Corp. Operating Cashflow
Year Operating Cashflow Growth
1999 -75.318
2000 -271.664 72.28%
2001 -100.568 -170.13%
2002 151 66701.32%
2003 -281.397 100.05%
2004 -1.207.987 76.71%
2005 -786.486 -53.59%
2006 -763.511 -3.01%
2007 -1.638.755 53.41%
2008 121.116 1453.05%
2009 -3.201.000 103.78%
2010 9.937.000 132.21%
2011 59.368.000 83.26%
2012 104.916.000 43.41%
2013 114.358.000 8.26%
2014 181.351.000 36.94%
2015 90.955.000 -99.39%
2016 16.631.000 -446.9%
2017 24.641.000 32.51%
2018 33.140.000 25.65%
2019 31.718.000 -4.48%
2020 27.723.000 -14.41%
2021 16.631.000 -66.69%
2022 28.541.000 41.73%
2023 13.267.000 -115.13%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Western Energy Services Corp. Capital Expenditure
Year Capital Expenditure Growth
1999 0
2000 0 0%
2001 0 0%
2002 52.723 100%
2003 107.788 51.09%
2004 3.619.566 97.02%
2005 86.306 -4093.88%
2006 6.398.812 98.65%
2007 6.872.343 6.89%
2008 2.613.247 -162.98%
2009 281.000 -829.98%
2010 24.590.000 98.86%
2011 88.869.000 72.33%
2012 127.231.000 30.15%
2013 95.234.000 -33.6%
2014 108.604.000 12.31%
2015 33.562.000 -223.59%
2016 4.719.000 -611.21%
2017 18.132.000 73.97%
2018 19.960.000 9.16%
2019 7.968.000 -150.5%
2020 2.788.000 -185.8%
2021 6.866.000 59.39%
2022 34.228.000 79.94%
2023 7.348.000 -365.81%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Western Energy Services Corp. Equity
Year Equity Growth
1999 904.966
2000 860.376 -5.18%
2001 892.532 3.6%
2002 748.507 -19.24%
2003 966.882 22.59%
2004 3.596.710 73.12%
2005 6.481.021 44.5%
2006 7.754.008 16.42%
2007 9.505.842 18.43%
2008 7.472.759 -27.21%
2009 8.077.000 7.48%
2010 187.322.000 95.69%
2011 414.325.000 54.79%
2012 454.790.000 8.9%
2013 562.123.000 19.09%
2014 599.117.000 6.17%
2015 469.298.000 -27.66%
2016 405.125.000 -15.84%
2017 384.033.000 -5.49%
2018 353.799.000 -8.55%
2019 267.092.000 -32.46%
2020 222.473.000 -20.06%
2021 186.500.000 -19.29%
2022 302.530.000 38.35%
2023 299.217.000 -1.11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Western Energy Services Corp. Assets
Year Assets Growth
1999 1.132.613
2000 1.166.164 2.88%
2001 1.198.187 2.67%
2002 1.122.956 -6.7%
2003 1.203.312 6.68%
2004 8.714.949 86.19%
2005 11.299.158 22.87%
2006 19.015.931 40.58%
2007 26.902.201 29.31%
2008 22.398.435 -20.11%
2009 12.219.000 -83.31%
2010 264.653.000 95.38%
2011 619.645.000 57.29%
2012 749.448.000 17.32%
2013 986.792.000 24.05%
2014 1.057.118.000 6.65%
2015 876.608.000 -20.59%
2016 793.525.000 -10.47%
2017 760.504.000 -4.34%
2018 667.295.000 -13.97%
2019 550.537.000 -21.21%
2020 495.625.000 -11.08%
2021 456.003.000 -8.69%
2022 475.708.000 4.14%
2023 453.980.000 -4.79%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Western Energy Services Corp. Liabilities
Year Liabilities Growth
1999 227.647
2000 305.788 25.55%
2001 305.655 -0.04%
2002 374.449 18.37%
2003 236.430 -58.38%
2004 5.118.239 95.38%
2005 4.818.137 -6.23%
2006 11.261.923 57.22%
2007 17.396.359 35.26%
2008 14.925.676 -16.55%
2009 4.142.000 -260.35%
2010 77.331.000 94.64%
2011 205.320.000 62.34%
2012 294.658.000 30.32%
2013 423.367.000 30.4%
2014 455.915.000 7.14%
2015 404.912.000 -12.6%
2016 386.318.000 -4.81%
2017 374.350.000 -3.2%
2018 313.496.000 -19.41%
2019 283.445.000 -10.6%
2020 273.152.000 -3.77%
2021 269.503.000 -1.35%
2022 173.178.000 -55.62%
2023 154.763.000 -11.9%

Western Energy Services Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.03
Net Income per Share
-0.23
Price to Earning Ratio
-11.72x
Price To Sales Ratio
0.39x
POCF Ratio
1.8
PFCF Ratio
3.77
Price to Book Ratio
0.31
EV to Sales
0.84
EV Over EBITDA
4.6
EV to Operating CashFlow
3.89
EV to FreeCashFlow
8.13
Earnings Yield
-0.09
FreeCashFlow Yield
0.26
Market Cap
0,09 Bil.
Enterprise Value
0,20 Bil.
Graham Number
6.81
Graham NetNet
-3.42

Income Statement Metrics

Net Income per Share
-0.23
Income Quality
-6.63
ROE
-0.03
Return On Assets
-0.02
Return On Capital Employed
0.01
Net Income per EBT
0.87
EBT Per Ebit
-2.9
Ebit per Revenue
0.01
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.65
Operating Profit Margin
0.01
Pretax Profit Margin
-0.04
Net Profit Margin
-0.03

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.52
Free CashFlow per Share
0.73
Capex to Operating CashFlow
-0.52
Capex to Revenue
-0.11
Capex to Depreciation
-0.65
Return on Invested Capital
0
Return on Tangible Assets
-0.02
Days Sales Outstanding
52.98
Days Payables Outstanding
267.27
Days of Inventory on Hand
36.44
Receivables Turnover
6.89
Payables Turnover
1.37
Inventory Turnover
10.02
Capex per Share
-0.8

Balance Sheet

Cash per Share
0,32
Book Value per Share
8,77
Tangible Book Value per Share
8.84
Shareholders Equity per Share
8.77
Interest Debt per Share
3.85
Debt to Equity
0.4
Debt to Assets
0.26
Net Debt to EBITDA
2.47
Current Ratio
1.48
Tangible Asset Value
0,30 Bil.
Net Current Asset Value
-0,10 Bil.
Invested Capital
0.4
Working Capital
0,02 Bil.
Intangibles to Total Assets
0
Average Receivables
0,03 Bil.
Average Payables
0,03 Bil.
Average Inventory
4128500
Debt to Market Cap
1.27

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Western Energy Services Corp. Dividends
Year Dividends Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%

Western Energy Services Corp. Profile

About Western Energy Services Corp.

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.

CEO
Mr. Alex R. N. MacAusland
Employee
675
Address
215 – 9th Avenue SW
Calgary, T2P 1K3

Western Energy Services Corp. Executives & BODs

Western Energy Services Corp. Executives & BODs
# Name Age
1 Ms. April Williams
Vice President of Human Resources
70
2 Mr. J. Aaron MacAusland
Vice President of Operations of Horizon Drilling
70
3 Mr. Peter John Balkwill CA
Vice President of Finance
70
4 Mr. Alex R. N. MacAusland
President, Chief Executive Officer & Director
70
5 Mr. Jeffrey Keith Bowers
Senior Vice President of Finance, Chief Financial Officer & Corporate Secretary
70
6 Mr. Jack R. Pepper
Vice President of Operations & Business Development of Stoneham Drilling
70
7 R. Ross Clancy
Vice President of Production Services
70

Western Energy Services Corp. Competitors