Last C$8.93 CAD
Change Today -0.17 / -1.87%
Volume 542.9K
WRG On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 4:00 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

western energy services corp (WRG) Snapshot

Open
C$9.05
Previous Close
C$9.10
Day High
C$9.15
Day Low
C$8.86
52 Week High
05/5/14 - C$11.70
52 Week Low
11/19/13 - C$6.92
Market Cap
668.5M
Average Volume 10 Days
491.4K
EPS TTM
C$0.74
Shares Outstanding
74.9M
EX-Date
09/26/14
P/E TM
12.1x
Dividend
C$0.30
Dividend Yield
3.36%
Current Stock Chart for WESTERN ENERGY SERVICES CORP (WRG)

Related News

No related news articles were found.

western energy services corp (WRG) Related Businessweek News

No Related Businessweek News Found

western energy services corp (WRG) Details

Western Energy Services Corp., an oilfield service company, provides contract drilling services oil and natural gas exploration and production companies in Canada and the United States. It provides well services for completion, production workover and abandonment services, and various maintenance activities on producing shallow to deep oil and natural gas wells. 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. The company is headquartered in Calgary, Canada.

1,436 Employees
Last Reported Date: 02/27/14

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 Marketing - Horizon Drillin...
Total Annual Compensation: C$225.0K
Vice President of 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 October 14, 2014; Reports Consolidated Earnings for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Spending Guidance for the Year 2014

On July 30, 2014, the Board of Directors of Western Energy Services Corp. declared a quarterly dividend of CAD 0.075 per share, which will be paid on October 14, 2014, to shareholders of record at the close of business on September 30, 2014. The company reported consolidated earnings for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of CAD 81,981,000 compared to CAD 50,835,000 a year ago. Operating revenue was CAD 77,352,000 compared to CAD 47,616,000 a year ago. EBITDA was CAD 24,028,000 compared to CAD 9,199,000 a year ago. Cash flow from operating activities was CAD 71,912,000 compared to CAD 48,381,000 a year ago. Capital expenditures were CAD 27,026,000 compared to CAD 18,547,000 a year ago. Net income was CAD 4,396,000 or CAD 0.06 per basic and diluted share compared to net loss of CAD 3,381,000 or CAD 0.05 per basic and diluted share a year ago. For the six months period, the company reported revenue of CAD 243,397,000 compared to CAD 148,841,000 a year ago. Operating revenue was CAD 226,979,000 compared to CAD 137,696,000 a year ago. EBITDA was CAD 83,576,000 compared to CAD 43,583,000 a year ago. Cash flow from operating activities was CAD 110,546,000 compared to CAD 70,825,000 a year ago. Capital expenditures were CAD 46,389,000 compared to CAD 36,703,000 a year ago. Net income was CAD 29,896,000 or CAD 0.40 per basic and diluted share compared to CAD 11,522,000 or CAD 0.17 per diluted share a year ago. Long term debt as at June 30, 2014 was CAD 263,293,000 compared to CAD 232,529,000 a year ago. The company approved capital spending for 2014 totals approximately CAD 170 million comprised of CAD 130 million in expansion capital and CAD 40 million in maintenance capital, which includes CAD 12 million for critical spare equipment. In total, budgeted capital spending has increased by CAD 66 million from the previously disclosed CAD 104 million.

Western Energy Services Corp. to Report Q2, 2014 Results on Jul 30, 2014

Western Energy Services Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 30, 2014

Western Energy Services Corp., Q2 2014 Earnings Call, Jul 31, 2014

Western Energy Services Corp., Q2 2014 Earnings Call, Jul 31, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WRG:CN C$8.93 CAD -0.17

WRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CanElson Drilling Inc C$6.43 CAD -0.17
Ensign Energy Services Inc C$14.71 CAD -0.29
Savanna Energy Services Corp C$7.08 CAD -0.25
Trinidad Drilling Ltd C$8.39 CAD -0.20
Xtreme Drilling and Coil Services Corp C$3.99 CAD -0.14
View Industry Companies
 

Industry Analysis

WRG

Industry Average

Valuation WRG Industry Range
Price/Earnings 12.2x
Price/Sales 1.4x
Price/Book 1.1x
Price/Cash Flow 11.8x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WESTERN ENERGY SERVICES CORP, please visit www.wesc.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.