Western Energy Services (TSE:WRG) Posts Earnings Results

Western Energy Services (TSE:WRG) posted its quarterly earnings data on Tuesday. The company reported C($0.12) EPS for the quarter, FiscalAI reports. Western Energy Services had a negative return on equity of 2.40% and a negative net margin of 3.45%.The company had revenue of C$38.58 million during the quarter.

Western Energy Services Stock Performance

TSE:WRG remained flat at C$3.35 on Tuesday. 500 shares of the company’s stock were exchanged, compared to its average volume of 3,933. The stock has a market capitalization of C$113.40 million, a price-to-earnings ratio of -4.29, a price-to-earnings-growth ratio of 0.09 and a beta of -0.22. The firm has a fifty day moving average of C$3.27 and a 200 day moving average of C$2.93. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46. Western Energy Services has a twelve month low of C$2.01 and a twelve month high of C$3.68.

Western Energy Services Company Profile

Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment.