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Western Energy Services Corp (WRG.TO)

Western Energy Services Corp (WRG.TO)
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Western Energy Services Corp is an energy service company providing contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary in the United States. The company provides production services in Canada through its division Eagle Well Servicing (Eagle) which provides well servicing and its division Aero Rental Services (Aero), which provides rental equipment services. It operates in two segments. Contract drilling includes drilling rigs along with related ancillary equipment. Production services include well servicing rigs and related equipment, as well as rental equipment. The contract drilling segment derives the majority of the revenue.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Sales 38,575 55,257 58,452 50,035 40,005
Sales Growth -30.19% -5.47% +16.82% +25.07% -42.03%
Net Income -4,026 1,765 -21,284 -2,352 -4,624
Net Income Growth -328.10% +108.29% -804.93% +49.13% -304.42%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Total Assets 362,150 374,094 378,647 405,949 407,791
Total Assets Growth -3.19% -1.20% -6.73% -0.45% -6.95%
Total Liabilities 96,999 106,055 113,199 118,255 119,462
Total Liabilities Growth -8.54% -6.31% -4.28% -1.01% -15.33%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Operating Cash Flow 23,487 7,291 10,040 8,452 19,804
Operating Cash Flow Growth +222.14% -27.38% +18.79% -57.32% +639.51%
Net Cash Flow 7,581 651 -800 -1,770 1,468
Change in Net Cash Flow +1,064.52% +181.38% +54.80% -220.57% +5,746.15%
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