Western Energy Services Corp. (TSX:WRG)
Canada flag Canada · Delayed Price · Currency is CAD
3.710
0.00 (0.00%)
Nov 6, 2026, 2:03 PM EST

Western Energy Services Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
209.77217.5223.08233.45200.34131.68
Revenue Growth
-4.11%-2.50%-4.44%16.53%52.15%27.00%
Gross Profit
63.5764.7264.4563.9953.7833.73
Operating Income
8.117.880.382.81-2.16-19.23
Net Income
-20.98-26-7.16-7.2129-36.13
Earnings Per Share
-0.62-0.77-0.21-0.211.23-47.46
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Services
45.3152.8569.4969.2171.2855.52
Contract Drilling
164.59164.85153.98164.63129.5276.78
Inter-segment Elimination
-0.13-0.2-0.39-0.38-0.46-0.62
Total
209.77217.5223.08233.45200.34131.68

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
3.562.944.136.259.327.89
Total Debt
86.591.12103.66115.22131.69240.42
Net Cash (Debt)
-82.94-88.18-99.53-108.97-122.37-232.54
Net Cash Growth
------
Net Cash Per Share
-2.45-2.61-2.94-3.22-5.19-305.39

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
36.6340.9746.851.3528.5416.63
Capital Expenditures
-24.15-21.68-21.6-22.62-34.23-6.87
Free Cash Flow
12.4719.325.1928.73-5.699.77
Free Cash Flow Growth
-45.82%-23.40%-12.31%---60.84%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
30.30%29.75%28.89%27.41%26.85%25.61%
Operating Margin
3.87%3.62%0.17%1.21%-1.08%-14.60%
Pretax Margin
-10.80%-13.21%-3.85%-3.54%16.06%-29.82%
Profit Margin
-10.00%-11.95%-3.21%-3.09%14.47%-27.44%
FCF Margin
5.95%8.87%11.29%12.31%-2.84%7.42%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
----3.96-
Forward PE
15.30209.0030.0930.094.69192.92
P/FCF Ratio
10.073.673.513.50-2.72
PS Ratio
0.600.330.400.430.570.20