Western Energy Services Stock Today
| WRG Stock | CAD 2.67 0.02 0.74% |
Performance0 of 100
| Odds Of DistressLess than 43
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Western Energy is selling at 2.67 as of the 1st of December 2024; that is 0.74% down since the beginning of the trading day. The stock's open price was 2.69. Western Energy has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Western Energy Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain Energy |
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. WESTERN ENERGY operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. The company has 33.84 M outstanding shares of which 406 shares are at this time shorted by private and institutional investors with about 0.51 days to cover all short positions. More on Western Energy Services
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Western Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Alex MacAusland | ||||
| Business Concentration | Energy Equipment & Services, Oil & Gas Drilling, Energy, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) | ||||
Western Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Western Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsWestern Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Energy's financial leverage. It provides some insight into what part of Western Energy's total assets is financed by creditors.
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Western Energy Services (WRG) is traded on Toronto Exchange in Canada and employs 675 people. Western Energy is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 90.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Energy's market, we take the total number of its shares issued and multiply it by Western Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Energy Services operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 33.84 M outstanding shares of which 406 shares are at this time shorted by private and institutional investors with about 0.51 days to cover all short positions.
Western Energy Services has accumulated about 8.88 M in cash with 51.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
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Ownership AllocationWestern Energy Services retains a total of 33.84 Million outstanding shares. Western Energy Services owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Western Energy Services Risk Profiles
Although Western Energy's alpha and beta are two of the key measurements used to evaluate Western Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.72 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.13 | |||
| Risk Adjusted Performance | (0.03) |
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Western Energy Corporate Management
Elected by the shareholders, the Western Energy's board of directors comprises two types of representatives: Western Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Energy's management team and ensure that shareholders' interests are well served. Western Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Aaron MacAusland | Vice Drilling | Profile | |
| R Clancy | Vice Services | Profile | |
| Peter Balkwill | Vice President - Operations Finance | Profile | |
| CFA CPA | Chief Officer | Profile |
Other Information on Investing in Western Stock
Western Energy financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Energy security.