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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) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Sales 55,257 58,452 50,035 40,005 69,010
Sales Growth -5.47% +16.82% +25.07% -42.03% +15.56%
Net Income 1,765 -21,284 -2,352 -4,624 2,262
Net Income Growth +108.29% -804.93% +49.13% -304.42% +205.55%
(Values in U.S. Thousands) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Total Assets 374,094 378,647 405,949 407,791 438,232
Total Assets Growth -1.20% -6.73% -0.45% -6.95% +1.68%
Total Liabilities 106,055 113,199 118,255 119,462 141,092
Total Liabilities Growth -6.31% -4.28% -1.01% -15.33% +4.41%
(Values in U.S. Thousands) Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025 Sep, 2024
Operating Cash Flow 7,291 10,040 8,452 19,804 2,678
Operating Cash Flow Growth -27.38% +18.79% -57.32% +639.51% -81.31%
Net Cash Flow 651 -800 -1,770 1,468 -26
Change in Net Cash Flow +181.38% +54.80% -220.57% +5,746.15% +82.31%
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