
Western Energy Services Corp
TSX:WRG

Gross Margin
Western Energy Services Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Western Energy Services Corp
TSX:WRG
|
68m CAD |
27%
|
|
CN |
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China Oilfield Services Ltd
SSE:601808
|
43.3B CNY |
16%
|
|
US |
![]() |
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK |
41%
|
|
US |
![]() |
Noble Corp (Cayman Island)
NYSE:NE
|
4.5B USD |
41%
|
|
SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
14.1B SAR |
38%
|
|
BM |
![]() |
Valaris Ltd
NYSE:VAL
|
3.5B USD |
0%
|
|
CH |
![]() |
Transocean Ltd
NYSE:RIG
|
2.8B USD |
38%
|
|
DK |
M
|
Maersk Drilling A/S
F:72D
|
1.9B EUR |
30%
|
|
US |
![]() |
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
2.2B USD |
25%
|
|
BM |
![]() |
Seadrill Ltd
NYSE:SDRL
|
2B USD |
27%
|
|
BM |
![]() |
Odfjell Drilling Ltd
OSE:ODL
|
19.2B NOK |
0%
|
Western Energy Services Corp
Glance View
Western Energy Services Corp. is an oilfield service company, which engages in the provision of contract drilling services. The company is headquartered in Calgary, Alberta and currently employs 566 full-time employees. The firm is focused on providing contract drilling services through its division, Horizon Drilling (Horizon) in Canada, and its wholly owned subsidiary, Stoneham Drilling Corporation (Stoneham) in the United States. Western provides well servicing and oilfield rental equipment services in Canada through its wholly owned subsidiary Western Production Services Corp. (Western Production Services). Western Production Services’ division, Eagle Well Servicing (Eagle) provides well servicing, and Aero Rental Services (Aero) provides oilfield rental equipment services. In Contract Drilling Services, the Company operates a fleet of approximately 57 drilling rigs specifically suited for drilling complex horizontal wells. In production services, the Company provides well servicing and oilfield equipment rentals primarily in Canada operates approximately 66 well servicing rigs.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Western Energy Services Corp's most recent financial statements, the company has Gross Margin of 27.2%.