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.
Research context
Western Energy Services Corp appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Energy
- Industry
- Oil & Gas Drilling
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5 years, 6 months ago
Western Energy Services Corp is currently in a long term uptrend where the price is trading 9.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.2.
Western Energy Services Corp's total revenue sank by 39.6% to $28M since the same quarter in the previous year.
Its net income has increased by 85.7% to $-7M since the same quarter in the previous year.
Finally, its free cash flow fell by 96.6% to $206K since the same quarter in the previous year.
Based on the above factors, Western Energy Services Corp gets an overall score of 3/5.