Western Energy Services Corp. (TSX:WRG)
Canada flag Canada · Delayed Price · Currency is CAD
3.340
-0.110 (-3.19%)
Aug 10, 2026, 1:47 PM EST

Western Energy Services Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
202.32217.5223.08233.45200.34131.68
Revenue Growth
-10.90%-2.50%-4.44%16.53%52.15%27.00%
Gross Profit
202.32217.5223.08233.45200.34131.68
Operating Income
6.26-17.250.382.81-2.16-19.23
Net Income
-25.9-26-7.16-7.2129-36.13
Earnings Per Share
-0.77-0.76-0.20-0.201.24-5.36
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Services
44.7152.8569.4969.2171.2855.52
Inter-segment Elimination
-0.06-0.2-0.39-0.38-0.46-0.62
Contract Drilling
157.67164.85153.98164.63129.5276.78
Total
202.32217.5223.08233.45200.34131.68

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
10.892.663.795.938.887.48
Total Debt
78.9491.12103.66115.22131.69240.42
Net Cash (Debt)
-68.05-88.46-99.88-109.29-122.81-232.95
Net Cash Growth
------
Net Cash Per Share
-2.01-2.61-2.95-3.23-5.21-34.88

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
49.2740.9746.851.3528.5416.63
Capital Expenditures
-19.89-21.68-21.6-22.62-34.23-6.87
Free Cash Flow
29.3819.325.1928.73-5.699.77
Free Cash Flow Growth
70.65%-23.40%-12.31%---60.84%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
3.09%-7.93%0.17%1.21%-1.08%-14.60%
Pretax Margin
-13.07%-13.21%-3.85%-3.54%16.06%-29.82%
Profit Margin
-11.75%-11.78%-3.08%-2.95%14.63%-27.20%
FCF Margin
14.52%8.87%11.29%12.31%-2.84%7.42%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
----2.73-
Forward PE
33.40209.0030.0930.094.69192.92
P/FCF Ratio
3.853.673.513.50-0.02
PS Ratio
0.560.330.400.430.570.00