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New West Energy Services

DB:7NE
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7NE
DB
CA$658K
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

New West Energy Services Inc., an energy services company, provides waste management and environmental services to the oil and gas industry in Canada. The last earnings update was 129 days ago. More info.


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7NE Share Price and Events
7 Day Returns
0%
DB:7NE
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-95%
DB:7NE
-57.2%
Europe Energy Services
-20.9%
DE Market
7NE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New West Energy Services (7NE) 0% 0% 0% -95% - -
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 7NE underperformed the Energy Services industry which returned -57.2% over the past year.
  • 7NE underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

7NE Value

 Is New West Energy Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether New West Energy Services is trading at an attractive price based on the cash flow it is expected to produce in the future. But as New West Energy Services has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for New West Energy Services. This is due to cash flow or dividend data being unavailable. The share price is €0.0005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New West Energy Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New West Energy Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:7NE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.08
TSXV:NWE Share Price ** TSXV (2020-04-03) in CAD CA$0.02
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New West Energy Services.

DB:7NE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:NWE Share Price ÷ EPS (both in CAD)

= 0.02 ÷ -0.08

-0.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New West Energy Services is loss making, we can't compare its value to the Europe Energy Services industry average.
  • New West Energy Services is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does New West Energy Services's expected growth come at a high price?
Raw Data
DB:7NE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New West Energy Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New West Energy Services's assets?
Raw Data
DB:7NE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$-0.09
TSXV:NWE Share Price * TSXV (2020-04-03) in CAD CA$0.02
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:7NE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:NWE Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ -0.09

-0.17x

* Primary Listing of New West Energy Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New West Energy Services has negative assets, we can't compare the value of its assets to the Europe Energy Services industry average.

Next steps:

  1. Take a look at our analysis of 7NE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through New West Energy Services's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Energy Services industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess New West Energy Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. New West Energy Services has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

7NE Future Performance

 How is New West Energy Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as New West Energy Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New West Energy Services expected to grow at an attractive rate?
  • Unable to compare New West Energy Services's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare New West Energy Services's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare New West Energy Services's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:7NE Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:7NE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:7NE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 14 0 -3
2019-06-30 16 1 -2
2019-03-31 17 2 -2
2018-12-31 20 0 -2
2017-12-31 20 -1 -5
2017-10-31 19 -2 -2
2017-07-31 15 -2 -2
2017-04-30 12 -2 -2
2017-01-31 10 -1 -2
2016-10-31 9 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if New West Energy Services is high growth as no earnings estimate data is available.
  • Unable to determine if New West Energy Services is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:7NE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from New West Energy Services Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7NE Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.08
2019-06-30 -0.05
2019-03-31 -0.06
2018-12-31 -0.07
2017-12-31 -0.21
2017-10-31 -0.08
2017-07-31 -0.10
2017-04-30 -0.10
2017-01-31 -0.11
2016-10-31 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New West Energy Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 7NE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. New West Energy Services's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. New West Energy Services's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess New West Energy Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New West Energy Services has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

7NE Past Performance

  How has New West Energy Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New West Energy Services's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New West Energy Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare New West Energy Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare New West Energy Services's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
New West Energy Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New West Energy Services Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7NE Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 13.54 -3.38 3.82
2019-06-30 15.75 -2.16 4.16
2019-03-31 16.69 -2.41 4.21
2018-12-31 20.30 -2.47 4.23
2017-12-31 20.08 -5.41 4.25
2017-10-31 18.66 -2.04 3.85
2017-07-31 14.73 -2.34 3.65
2017-04-30 11.93 -2.34 3.23
2017-01-31 9.81 -2.33 3.14
2016-10-31 9.49 -2.30 3.12
2016-07-31 10.52 -2.06 3.25
2016-04-30 12.10 -1.78 3.38
2016-01-31 12.44 -3.81 3.56
2015-10-31 15.54 -4.44 4.08
2015-07-31 19.57 -3.87 4.26
2015-04-30 21.84 -3.77 4.65
2015-01-31 25.92 -1.10 4.96
2014-10-31 25.44 -0.22 4.69
2014-07-31 23.63 -0.42 4.72
2014-04-30 21.97 -0.02 4.35
2014-01-31 20.25 -0.06 4.18
2013-10-31 19.54 0.16 4.12
2013-07-31 19.72 1.50 4.06
2013-04-30 19.35 1.61 4.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if New West Energy Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if New West Energy Services has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if New West Energy Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess New West Energy Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New West Energy Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

7NE Health

 How is New West Energy Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New West Energy Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New West Energy Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • New West Energy Services's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of New West Energy Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • New West Energy Services has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New West Energy Services Company Filings, last reported 6 months ago.

DB:7NE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -3.77 5.89 0.04
2019-06-30 -2.05 7.07
2019-03-31 -1.08 8.53 0.09
2018-12-31 -0.92 9.91 0.12
2017-12-31 0.55 8.97 0.16
2017-10-31 2.04 9.88 0.14
2017-07-31 2.53 9.62 0.50
2017-04-30 3.05 10.23 0.64
2017-01-31 3.28 2.79 0.02
2016-10-31 3.47 1.52 0.02
2016-07-31 4.25 1.14 0.11
2016-04-30 5.04 0.85 0.18
2016-01-31 4.96 1.72 0.11
2015-10-31 5.12 2.12 0.16
2015-07-31 5.67 1.81 0.38
2015-04-30 6.17 2.09 0.35
2015-01-31 8.77 3.57 0.33
2014-10-31 9.56 3.74 0.18
2014-07-31 9.54 2.00 0.37
2014-04-30 9.94 4.82 0.29
2014-01-31 9.87 4.97 0.29
2013-10-31 9.79 2.60 0.58
2013-07-31 9.65 1.90 3.28
2013-04-30 9.64 1.69 2.37
  • New West Energy Services has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if New West Energy Services's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • New West Energy Services has less than a year of cash runway based on current free cash flow.
  • New West Energy Services has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.4% each year.
X
Financial health checks
We assess New West Energy Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New West Energy Services has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

7NE Dividends

 What is New West Energy Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from New West Energy Services dividends.
If you bought €2,000 of New West Energy Services shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate New West Energy Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate New West Energy Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:7NE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as New West Energy Services has not reported any payouts.
  • Unable to verify if New West Energy Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of New West Energy Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as New West Energy Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess New West Energy Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New West Energy Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New West Energy Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

7NE Management

 What is the CEO of New West Energy Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gerry Kerkhoff
COMPENSATION CA$236,065
TENURE AS CEO 9.5 years
CEO Bio

Mr. Galin E. Kerkhoff, also known as Gerry, has been President and Chief Executive Officer at New West Energy Services Inc. since October 20, 2010. Mr. Kerkhoff serves as Chief Executive Officer of New West Energy Services Inc and President of New West Energy Services Inc at New West Drilling Fluids, Inc., since October, 2010. Mr. Kerkhoff has been the Chief Executive Officer and President of BearStone Environmental Solutions Inc., (New West's wholly owned subsidiary) since June 2010. He has over 20 years of experience in operations and management of various oil and gas service companies. He served as Manager of Drilling Waste Division of Newalta Corp. from July 2007 to June 2010. He served as the President of New West Fluid Management Inc. from 1999 to July 2007. He served as the President and Chief Executive Officer of New West Fluid Management Inc. from 1999 to July 2007. He has been a Director of New West Energy Services Inc. since October 20, 2010.

CEO Compensation
  • Gerry's compensation has increased whilst company is loss making.
  • Gerry's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the New West Energy Services management team in years:

9.5
Average Tenure
  • The average tenure for the New West Energy Services management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Erinn Broshko

TITLE
Executive Chairman
COMPENSATION
CA$162K
AGE
49

Gerry Kerkhoff

TITLE
President
COMPENSATION
CA$236K
TENURE
9.5 yrs

Par Sibia

TITLE
CFO & Corporate Accountant
COMPENSATION
CA$19K
TENURE
9.2 yrs

Wade Smith

TITLE
Vice President of Operations

James Devitt

TITLE
Vice President of Sales & Marketing

Karin Lutz

TITLE
Corporate Secretary
TENURE
9.5 yrs
Board of Directors Tenure

Average tenure of the New West Energy Services board of directors in years:

7.5
Average Tenure
  • The tenure for the New West Energy Services board of directors is about average.
Board of Directors

Erinn Broshko

TITLE
Executive Chairman
COMPENSATION
CA$162K
AGE
49
TENURE
2.8 yrs

Gerry Kerkhoff

TITLE
President
COMPENSATION
CA$236K
TENURE
9.5 yrs

Bill Rand

TITLE
Lead Director
AGE
77
TENURE
2.8 yrs

Timothy Young

TITLE
Independent Director
TENURE
8 yrs

Ralph Strother

TITLE
Independent Director
TENURE
7.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess New West Energy Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New West Energy Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

7NE News

Simply Wall St News

7NE Company Info

Description

New West Energy Services Inc., an energy services company, provides waste management and environmental services to the oil and gas industry in Canada. It operates in two segments, Vacuum Truck and Fluid Transportation Services, and Environmental Services. The company offers waste and water management services, including drilling waste testing, disposal, and treatment; mud system management; subsurface disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management services; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. It operates a fleet of straight, combo, and hydrovac trucks, as well as end dumps, water trucks, and fluid transport trucks and trailers. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.

Details
Name: New West Energy Services Inc.
7NE
Exchange: DB
Founded: 1986
CA$431,862
43,898,519
Website: http://www.newwestenergyservices.com
Address: New West Energy Services Inc.
435 4th Avenue SW,
Suite 500,
Calgary,
Alberta, T2P 3A8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NWE Common Shares TSX Venture Exchange CA CAD 19. Sep 1988
DB 7NE Common Shares Deutsche Boerse AG DE EUR 19. Sep 1988
Number of employees
Current staff
Staff numbers
0
New West Energy Services employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 04:13
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2019/11/29
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.