Western Energy Services Corp
TSX:WRG

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Western Energy Services Corp
TSX:WRG
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Price: 2.18 CAD -2.24% Market Closed
Market Cap: 73.8m CAD

Net Margin
Western Energy Services Corp

-2.8%
Current
1%
Average
4.1%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.8%
=
Net Income
-6.4m
/
Revenue
230.1m

Net Margin Across Competitors

Western Energy Services Corp
Glance View

Market Cap
73.8m CAD
Industry
N/A

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.

WRG Intrinsic Value
4.48 CAD
Undervaluation 51%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.8%
=
Net Income
-6.4m
/
Revenue
230.1m
What is the Net Margin of Western Energy Services Corp?

Based on Western Energy Services Corp's most recent financial statements, the company has Net Margin of -2.8%.

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