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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) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Sales 50,035 40,005 69,010 59,720 58,343
Sales Growth +25.07% -42.03% +15.56% +2.36% +35.58%
Net Income -2,352 -4,624 2,262 -2,143 -1,261
Net Income Growth +49.13% -304.42% +205.55% -69.94% +75.97%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Total Assets 405,949 407,791 438,232 430,981 429,623
Total Assets Growth -0.45% -6.95% +1.68% +0.32% -0.86%
Total Liabilities 118,255 119,462 141,092 135,131 136,974
Total Liabilities Growth -1.01% -15.33% +4.41% -1.35% -1.10%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024
Operating Cash Flow 8,452 19,804 2,678 14,332 5,404
Operating Cash Flow Growth -57.32% +639.51% -81.31% +165.21% -71.94%
Net Cash Flow -1,770 1,468 -26 -147 -11,603
Change in Net Cash Flow -220.57% +5,746.15% +82.31% +98.73% -195.77%
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