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Western Energy Services Corp (WRG.TO)

Western Energy Services Corp (WRG.TO)
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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. The company operates in USA and Canada, majority of revenue from Canada.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 223,078 233,451 200,344 131,678 103,684
Sales Growth -4.44% +16.53% +52.15% +27.00% -47.21%
Net Income -7,155 -7,207 28,999 -36,134 -41,259
Net Income Growth +0.72% -124.85% +180.25% +12.42% +49.04%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 430,981 442,933 475,708 456,003 495,625
Total Assets Growth -2.70% -6.89% +4.32% -7.99% -9.97%
Total Liabilities 135,131 147,268 173,178 269,503 273,152
Total Liabilities Growth -8.24% -14.96% -35.74% -1.34% -3.63%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 46,798 51,353 28,541 16,631 27,723
Operating Cash Flow Growth -8.87% +79.93% +71.61% -40.01% -12.60%
Net Cash Flow -2,145 -2,948 1,400 -11,844 15,307
Change in Net Cash Flow +27.24% -310.57% +111.82% -177.38% +27,730.91%
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