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Last C$6.32 CAD
Change Today +0.11 / 1.77%
Volume 200.5K
WRG On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 4:00 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

western energy services corp (WRG) Snapshot

Open
C$6.24
Previous Close
C$6.21
Day High
C$6.33
Day Low
C$6.08
52 Week High
05/5/14 - C$11.70
52 Week Low
01/29/15 - C$4.88
Market Cap
473.2M
Average Volume 10 Days
183.4K
EPS TTM
C$0.74
Shares Outstanding
74.9M
EX-Date
03/27/15
P/E TM
8.5x
Dividend
C$0.30
Dividend Yield
4.75%
Current Stock Chart for WESTERN ENERGY SERVICES CORP (WRG)

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western energy services corp (WRG) Details

Western Energy Services Corp., an oilfield service company, provides contract drilling services to oil and natural gas exploration and production companies in Canada and the United States. It also offers well services, including completion, production workovers, and abandonment services, as well as various maintenance activities on producing shallow to deep oil and natural gas wells. In addition, the company also offers oilfield equipment rental services. It operates a fleet of 54 drilling rigs, including 49 in Canada and 5 in the United States; and a fleet of 65 service rigs comprising 32 singles, 26 doubles, and 7 slant service rigs. The company is headquartered in Calgary, Canada.

western energy services corp (WRG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$365.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$315.0K
Senior Vice President of Operations
Total Annual Compensation: C$260.0K
Vice President of Corporate Finance
Total Annual Compensation: C$210.0K
Compensation as of Fiscal Year 2013.

western energy services corp (WRG) Key Developments

Western Energy Services Corp. Declares Quarterly Dividend, Payable on April 16, 2015; Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Revises Capital Expenditure Guidance for the Fiscal Year of 2015; Reports Impairment Charge for the Fourth Quarter Ended December 31, 2014

On February 26, 2015, the Board of Directors of Western Energy Services Corp. declared a quarterly dividend of CAD 0.075 per share, which will be paid on April 16, 2015, to shareholders of record at the close of business on March 31, 2015. The dividends are eligible dividends for Canadian income tax purposes. Western Energy Services Corp. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported operating revenue of CAD 129,181,000 compared to CAD 119,831,000 a year ago. Revenue was CAD 139,210,000 compared to CAD 129,713,000 a year ago. Net loss was CAD 8,164,000 compared to net income of CAD 15,797,000 a year ago. EBITDA was CAD 19,701,000 compared to CAD 42,515,000 a year ago. Adjusted EBITDA was CAD 50,419,000 compared to CAD 43,543,000 a year ago. Operating Earnings were CAD 33,235,000 compared to CAD 27,282,000 a year ago. Cash flow from operating activities was CAD 47,830,000 compared to CAD 36,866,000 a year ago. Capital expenditures were CAD 31,071,000 compared to CAD 27,529,000 a year ago. Basic and diluted net loss per share was CAD 0.11 compared to diluted net income per share of CAD 0.21 a year ago. For the full year, the company reported operating revenue of CAD 474,120,000 compared to CAD 353,124,000 a year ago. Revenue was CAD 507,832,000 compared to CAD 379,943,000 a year ago. Net income was CAD 36,450,000 compared to CAD 35,246,000 a year ago. EBITDA was CAD 143,310,000 compared to CAD 114,436,000 a year ago. Adjusted EBITDA was CAD 176,777,000 compared to CAD 117,423,000 a year ago. Operating Earnings were CAD 113,010,000 compared to CAD 68,291,000 a year ago. Cash flow from operating activities was CAD 181,351,000 compared to CAD 114,358,000 a year ago. Capital expenditures were CAD 108,604,000 compared to CAD 95,234,000 a year ago. Diluted net loss per share was CAD 0.48 compared to diluted net income per share of CAD 0.50 a year ago. The company revised capital expenditure guidance for the fiscal year of 2015. For the period, the company revised capital budget for 2015 totals approximately CAD 46 million comprised of CAD 21 million of carry forward capital from 2014, CAD 6 million in expansion capital and CAD 19 million in maintenance capital.  The revised capital budget reflects a net decrease of CAD 18 million from the company’s previously announced budget of CAD 64 million.  The company reported impairment charge for the fourth quarter ended December 31, 2014. For the quarter, the company announced impairment loss on property and equipment was CAD 7,247,000 and impairment loss on goodwill was CAD 22,668,000.

Western Energy Services Corp., Q4 2014 Earnings Call, Feb 27, 2015

Western Energy Services Corp., Q4 2014 Earnings Call, Feb 27, 2015

Western Energy Services Corp. to Report Q4, 2014 Results on Feb 26, 2015

Western Energy Services Corp. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 26, 2015

 

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WRG:CN C$6.32 CAD +0.11

WRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CanElson Drilling Inc C$3.99 CAD +0.11
Ensign Energy Services Inc C$9.94 CAD +0.01
Helmerich & Payne Inc $68.21 USD +0.14
Precision Drilling Corp C$8.23 CAD +0.18
Trinidad Drilling Ltd C$4.28 CAD +0.21
View Industry Companies
 

Industry Analysis

WRG

Industry Average

Valuation WRG Industry Range
Price/Earnings 11.9x
Price/Sales 0.8x
Price/Book 0.7x
Price/Cash Flow 11.8x
TEV/Sales 0.2x
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