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Western Energy Services Corp WRG

Morningstar Rating
CAD 2.68 −0.09 (3.25%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WRG is trading at a 34% discount.
Price
CAD 2.75
Fair Value
CAD 3.18
Uncertainty
Very High
1-Star Price
CAD 7.88
5-Star Price
CAD 8.88
Economic Moat
Vtmq
Capital Allocation
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Trading Information

Previous Close Price
CAD 2.77
Day Range
CAD 2.682.68
52-Week Range
CAD 2.223.95
Bid/Ask
CAD 2.66 / CAD 2.75
Market Cap
CAD 90.70 Mil
Volume/Avg
100 / 17,554

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.42
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

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. It generates revenue mainly through its Contract drilling operation segment.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Value
Total Number of Employees
671

Comparables

Valuation

Metric
WRG
WTI
UNTC
Price/Earnings (Normalized)
234.862.07
Price/Book Value
0.3111.141.50
Price/Sales
0.420.661.17
Price/Cash Flow
2.023.612.86
Price/Earnings
WRG
WTI
UNTC

Financial Strength

Metric
WRG
WTI
UNTC
Quick Ratio
1.901.122.71
Current Ratio
2.171.222.79
Interest Coverage
−0.091.761,182.07
Quick Ratio
WRG
WTI
UNTC

Profitability

Metric
WRG
WTI
UNTC
Return on Assets (Normalized)
−1.55%−1.65%38.92%
Return on Equity (Normalized)
−2.37%−75.75%48.35%
Return on Invested Capital (Normalized)
0.47%3.20%45.00%
Return on Assets
WRG
WTI
UNTC
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Oil & Gas Drilling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NE
Noble Corp PLC Class AJlppg$6.6 Bil
PTEN
Patterson-UTI Energy IncMplcWfyw$4.5 Bil
HP
Helmerich & Payne IncQvmqwbqgVybs$4.0 Bil
YZCFF
Sinopec Oilfield Service Corp Class HYytxy$3.9 Bil
SDRL
Seadrill LtdDlqh$3.5 Bil
BORR
Borr Drilling LtdLqy$1.4 Bil
DO
Diamond Offshore Drilling IncWzg$1.4 Bil
ODFJF
Odfjell Drilling LtdYzyq$1.1 Bil
PDS
Precision Drilling CorpVnbcwvpywBjbgy$993.9 Mil
NBR
Nabors Industries LtdGfrghycpNqkn$763.9 Mil

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