Western Energy Services Corp.

Western Energy Services Corp.verified

WRG.TO

Price:

$2.88

Market Cap:

$97.47M

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.[Read more]

Industry

Oil & Gas Drilling

IPO Date

1997-01-10

Stock Exchange

TSX

Ticker

WRG.TO

The PE Ratio as of September 2024 (TTM) for Western Energy Services Corp. (WRG.TO) is -13.71

According to Western Energy Services Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -13.71. This represents a change of 137.26% compared to the average of -5.78 of the last 4 quarters.

Western Energy Services Corp. (WRG.TO) Historical PE Ratio (quarterly & annually)

How has WRG.TO PE Ratio performed in the past?

The mean historical PE Ratio of Western Energy Services Corp. over the last ten years is 1.94. The current -13.71 PE Ratio has changed -70629.72% with respect to the historical average. Over the past ten years (40 quarters), WRG.TO's PE Ratio was at its highest in in the September 2014 quarter at 129.28. The PE Ratio was at its lowest in in the December 2014 quarter at -154.72.

Quarterly (TTM)
Annual

Average

1.94

Median

-6.26

Minimum

-41.74

Maximum

140.01

Western Energy Services Corp. (WRG.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Western Energy Services Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 232.23%

Maximum Annual PE Ratio = 140.01

Minimum Annual Increase = -605.91%

Minimum Annual PE Ratio = -41.74

Quarterly (TTM)
Annual
YearPE RatioChange
2023-13.95-605.91%
20222.76-472.56%
2021-0.74-30.23%
2020-1.06232.23%
2019-0.32-97.21%
2018-11.46-60.26%
2017-28.83-30.93%
2016-41.7465.46%
2015-25.23-118.02%
2014140.01-15.07%

Western Energy Services Corp. (WRG.TO) Average PE Ratio

How has WRG.TO PE Ratio performed in the past?

The current PE Ratio of Western Energy Services Corp. (WRG.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.98

5-year avg

-2.66

10-year avg

1.94

Western Energy Services Corp. (WRG.TO) PE Ratio vs. Peers

How is WRG.TO’s PE Ratio compared to its peers?

Western Energy Services Corp.’s PE Ratio is less than Essential Energy Services Ltd. (50.05), less than Cathedral Energy Services Ltd. (70.80), less than Total Energy Services Inc. (8.58), less than PHX Energy Services Corp. (4.96), less than Calfrac Well Services Ltd. (2.76),

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