StockVS

TSX · Oil & Gas Drilling · CAD

Western Energy Services Corp. (WRG.TO) Stock Analysis

Western Energy Services Corp. (WRG.TO) is a Oil & Gas Drilling stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 20, 2026

WRG.TO

CA$3.93

CA$0.00 (0.00%)

Oct 20, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare WRG.TO with… →

WRG.TO Key Statistics

As of Oct 20, 2026
Trading
Open
CA$3.93
Previous Close
CA$3.93
52-Week Range
0.01–3.93
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.41
Valuation
Market Cap
CA$133.04M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
28.07
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.66
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.76
Financials (FY)
Revenue (FY)
CA$217.50M−2.50%
Net Income (FY)
−CA$26.00M
Profit marginThe share of revenue left as profit after all costs and taxes.
−12.80%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
33.85M
1-Year Return
+90.78%
Dividend and dates
Earnings Date
October 21, 2026estimated
Avg Volume
1.68K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 20, 2026, WRG.TO closed at CA$3.93, +90.78% over 1 year.

Western Energy Services Corp. (WRG.TO) has a market capitalization of CA$133.04M.

In fiscal 2025, WRG.TO reported revenue of CA$217.50M.

WRG.TO Stock Return by Calendar Year

Western Energy Services Corp. (WRG.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$19,078
+90.78%
5 years
CA$10,000 CA$762
−92.38%
10 years
CA$10,000 CA$128
−98.72%

If you had invested CA$10,000 in Western Energy Services Corp. (WRG.TO) 10 years ago, at the close on October 20, 2016, it would have been worth CA$128 at the close on October 20, 2026: −98.72% in total, −35.31% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+88.04%
2025−19.92%
2024−12.12%
2023−12.39%
2022−90.26%
2021−39.58%
2020+71.43%
2019−37.78%
2018−64.29%
2017−59.35%
2016 (partial year)−1.59%

As of October 20, 2026.

WRG.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$217.50M−CA$26.00M−12.0%
2024CA$223.08M−CA$7.16M−3.2%
2023CA$233.45M−CA$7.21M−3.1%
2022CA$200.34MCA$29.00M14.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$217.50MCA$176.11MCA$7.88M−CA$26.00M−12.0%
2024CA$223.08MCA$182.04MCA$377.00K−CA$7.16M−3.2%
2023CA$233.45MCA$191.29MCA$2.81M−CA$7.21M−3.1%
2022CA$200.34MCA$160.25M−CA$2.16MCA$29.00M14.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WRG.TO Valuation vs Oil & Gas Drilling Median

Median of 15 stocks
MetricWRG.TOOil & Gas Drilling medianvs median
P/S ratio0.660.9631% below
Profit margin−12.80%−1.81%11.0 pts below

Medians across 15 Oil & Gas Drilling stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Western Energy Services Corp. (WRG.TO) at CA$133.04M. It is classified in the Oil & Gas Drilling industry, within the Energy sector. The company reports 588 employees.

Over the past 52 weeks the price has ranged from CA$0.01 to CA$3.93. WRG.TO last closed at CA$3.93 on October 20, 2026. The close was unchanged from the previous session. The latest close sits 39,200% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$217.50M. That is −2.50% against the prior fiscal year, when revenue was CA$223.08M. The same year closed with a net loss of CA$26.00M. The reported profit margin is −12.8%. That is 11 percentage points below the Oil & Gas Drilling median of −1.81%. Earnings per share on a trailing basis come to −0.76.

Across the 4 fiscal years on file, revenue moves from CA$200.34M in 2022 to CA$217.50M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 28.07. Measured against sales, the shares trade at 0.66 times revenue. On price-to-sales that is 31.26% below the Oil & Gas Drilling median of 0.96. 15 Oil & Gas Drilling companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +90.78%. Measured over 10 years, that is −35.31% a year compounded. Beta against the wider market is reported at 0.41. Daily returns over the trailing 10 years annualize to a volatility of 81.59%.

Growth & Income

The record shows no dividend for WRG.TO.

Across the complete calendar years on file, 2020 returned +71.43% and 2022 returned −90.26%. Of the 9 complete calendar years on file, 1 finished higher. So far in 2026 the total return is +88.04%.

Peer Comparison

Western Energy Services Corp. (WRG.TO) operates in the Oil & Gas Drilling industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Western Energy Services Corp. WRG.TO CA$133.04M —
Noble Corporation plc NE $7.03B 46.8
Transocean Ltd. RIG $6.75B —
Valaris Limited VAL $6.37B 6.9

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Oil & Gas Drilling industry average P/E ratio is 13.1x. Western Energy Services Corp. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

Related Oil & Gas Drilling Stocks

View all Oil & Gas Drilling stocks →

Popular Energy Stocks

View all Energy stocks →

About Western Energy Services Corp.

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. Its Production Services segment offers well servicing and related equipment, as well as rental equipment services. The company serves oil and natural gas exploration companies. Western Energy Services Corp. is headquartered in Calgary, Canada.

Visit website →