Western Energy Services (TSE:WRG – Get Free Report) released its quarterly earnings data on Wednesday. The company reported C$0.08 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$57.49 million during the quarter. Western Energy Services had a negative net margin of 3.45% and a negative return on equity of 2.40%.
Western Energy Services Trading Down 1.0%
Shares of WRG stock opened at C$4.11 on Thursday. The business has a 50-day moving average price of C$3.46 and a two-hundred day moving average price of C$3.10. Western Energy Services has a 12-month low of C$2.05 and a 12-month high of C$4.15. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. The firm has a market cap of C$139.14 million, a P/E ratio of -5.41, a price-to-earnings-growth ratio of 0.09 and a beta of -0.26.
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.
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