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Western Energy Services

DB:W1T2
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
W1T2
DB
CA$23M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Western Energy Services has significant price volatility in the past 3 months.
W1T2 Share Price and Events
7 Day Returns
122.2%
DB:W1T2
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
4.9%
DB:W1T2
-57.2%
Europe Energy Services
-20.9%
DE Market
W1T2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Western Energy Services (W1T2) 122.2% -9.6% 6.4% 4.9% -90.3% -97%
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
  • W1T2 outperformed the Energy Services industry which returned -57.2% over the past year.
  • W1T2 outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
W1T2
Industry
5yr Volatility vs Market

W1T2 Value

 Is Western 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Western Energy Services. This is due to cash flow or dividend data being unavailable. The share price is €0.15.
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 Western Energy Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Western Energy Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:W1T2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.88
TSX:WRG Share Price ** TSX (2020-04-06) in CAD CA$0.26
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 Western Energy Services.

DB:W1T2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:WRG Share Price ÷ EPS (both in CAD)

= 0.26 ÷ -0.88

-0.29x

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

  • Western Energy Services is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Western Energy Services is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Western Energy Services's expected growth come at a high price?
Raw Data
DB:W1T2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 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 Western Energy Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Western Energy Services's assets?
Raw Data
DB:W1T2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$2.87
TSX:WRG Share Price * TSX (2020-04-06) in CAD CA$0.26
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:W1T2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:WRG Share Price ÷ Book Value per Share (both in CAD)

= 0.26 ÷ 2.87

0.09x

* Primary Listing of Western Energy Services.

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

  • Western Energy Services is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Western 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. Western Energy Services has a total score of 1/6, 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.

W1T2 Future Performance

 How is Western Energy Services expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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
39.6%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Western Energy Services expected to grow at an attractive rate?
  • Unable to compare Western Energy Services's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Western Energy Services's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Western Energy Services's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:W1T2 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:W1T2 Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 39.6%
DB:W1T2 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts -16.5%
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:W1T2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:W1T2 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 163 5 1
2021-12-31 128 8 5
2020-12-31 134 1 6
2020-04-06
DB:W1T2 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 196 32 -81
2019-09-30 214 28 -38
2019-06-30 226 26 -37
2019-03-31 221 35 -42
2018-12-31 236 33 -41
2018-09-30 240 27 -37
2018-06-30 235 31 -38
2018-03-31 235 25 -39
2017-12-31 238 25 -38
2017-09-30 217 24 -47
2017-06-30 195 23 -52
2017-03-31 175 11 -60

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Western Energy Services is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Western Energy Services's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:W1T2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Western Energy Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:W1T2 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 -0.44 -0.36 -0.51 2.00
2020-12-31 -0.42 -0.34 -0.50 2.00
2020-04-06
DB:W1T2 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.88
2019-09-30 -0.41
2019-06-30 -0.40
2019-03-31 -0.46
2018-12-31 -0.45
2018-09-30 -0.40
2018-06-30 -0.44
2018-03-31 -0.48
2017-12-31 -0.48
2017-09-30 -0.64
2017-06-30 -0.71
2017-03-31 -0.81

*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 Western Energy Services will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Western 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.
Western 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.

W1T2 Past Performance

  How has Western 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 Western 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.
  • Western Energy Services does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Western Energy Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Western Energy Services's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Western 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 Western Energy Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:W1T2 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 196.41 -80.96 15.41
2019-09-30 213.70 -38.32 17.48
2019-06-30 225.52 -36.86 18.18
2019-03-31 220.93 -42.18 18.69
2018-12-31 236.41 -41.16 20.10
2018-09-30 239.79 -36.53 21.40
2018-06-30 235.04 -38.02 22.12
2018-03-31 235.21 -39.21 23.31
2017-12-31 238.18 -37.53 24.30
2017-09-30 216.79 -47.06 23.94
2017-06-30 195.14 -52.43 24.29
2017-03-31 174.72 -59.99 24.66
2016-12-31 124.44 -62.04 24.69
2016-09-30 121.99 -102.63 26.18
2016-06-30 136.46 -162.56 27.90
2016-03-31 155.61 -151.01 29.29
2015-12-31 227.52 -129.42 30.92
2015-09-30 324.06 -82.55 33.84
2015-06-30 402.32 8.98 34.90
2015-03-31 452.27 25.94 34.50
2014-12-31 507.83 36.20 35.06
2014-09-30 498.34 60.19 32.65
2014-06-30 474.50 53.41 31.71
2014-03-31 443.35 45.63 31.46
2013-12-31 379.94 35.12 29.73
2013-09-30 333.57 32.47 28.09
2013-06-30 301.75 32.85 25.68

*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 Western Energy Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Western 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 Western Energy Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Western 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.
Western 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.

W1T2 Health

 How is Western 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 Western Energy Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Western Energy Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Western Energy Services's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Western 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.
  • Debt is not covered by short term assets, assets are 0.2x debt.
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 Western Energy Services Company Filings, last reported 3 months ago.

DB:W1T2 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 267.09 221.42 4.40
2019-09-30 321.23 225.24 1.68
2019-06-30 331.48 214.93 2.68
2019-03-31 343.75 229.26 3.05
2018-12-31 353.80 222.30 4.36
2018-09-30 358.04 222.73 4.78
2018-06-30 369.56 211.04 6.04
2018-03-31 382.71 226.70 2.21
2017-12-31 386.15 264.43 49.32
2017-09-30 368.95 264.30 39.58
2017-06-30 384.14 264.17 52.65
2017-03-31 402.53 264.04 34.12
2016-12-31 407.21 263.91 45.07
2016-09-30 418.89 263.78 47.02
2016-06-30 433.59 263.65 57.40
2016-03-31 457.28 263.52 49.85
2015-12-31 471.70 263.39 58.95
2015-09-30 525.83 263.26 56.55
2015-06-30 602.75 265.24 83.57
2015-03-31 622.76 265.24 61.34
2014-12-31 601.20 265.23 63.27
2014-09-30 607.52 264.66 41.05
2014-06-30 592.20 264.24 69.49
2014-03-31 589.57 264.08 20.69
2013-12-31 563.43 263.79 17.94
2013-09-30 550.04 262.41 10.02
2013-06-30 548.39 233.40 12.26
  • Western Energy Services's level of debt (82.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (43.8% vs 82.9% today).
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.

  • Whilst loss making Western Energy Services has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Western Energy Services has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.6% per year.
X
Financial health checks
We assess Western 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. Western Energy Services has a total score of 3/6, 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.

W1T2 Dividends

 What is Western 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 Western Energy Services dividends. Estimated to be 0% next year.
If you bought €2,000 of Western 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 Western Energy Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Western 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:W1T2 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 6 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.

DB:W1T2 Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2020-04-06
DB:W1T2 Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2017-10-25 0.000 0.000
2017-07-26 0.000 0.000
2017-04-26 0.000 0.000
2017-02-23 0.000 0.000
2017-02-22 0.000 0.000
2016-10-25 0.000 0.000
2016-07-27 0.000 0.000
2016-07-26 0.000 0.000
2016-02-25 0.000 0.000
2015-10-29 0.200 5.888
2015-07-30 0.300 5.943
2015-04-30 0.300 4.886
2014-10-31 0.300 4.888
2014-07-30 0.300 3.286
2014-05-01 0.300 2.698
2013-10-30 0.300 3.643
2013-07-31 0.300 3.686
2013-05-01 0.300 4.022
2012-10-31 0.300 4.170
2012-08-08 0.300 3.986

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

  • Unable to perform a dividend volatility check as Western Energy Services has not reported any payouts.
  • Unable to verify if Western Energy Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Western Energy Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Western Energy Services has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Western Energy Services's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Western 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 Western Energy Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Western 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.

W1T2 Management

 What is the CEO of Western 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
Alex R. MacAusland
COMPENSATION CA$897,889
AGE 50
TENURE AS CEO 6.3 years
CEO Bio

Mr. Alex R. N. MacAusland has been the Chief Executive Officer and President of Western Energy Services Corp. since December 1, 2013 and since December 8, 2009 Respectively. Mr. MacAusland served as the Chief Operating Officer at Western Energy Services Corp. from December 8, 2009 to December 01, 2013. From February 2008 to December 2009. He served as the President and Chief Executive Officer of Horizon Drilling Inc., since February 2008. He served as the Senior Vice President of Eagle Well Servicing and Mission Drilling at IROC Energy Services Corp. from 2006 to 2008. He has been a Director of Western Energy Services Corp. since December 08, 2013. He serves as a Member of the Board of the Canadian Association of Oilwell Drilling Contractors. Mr. MacAusland holds a B.A. in Economics degree from St. Thomas University.

CEO Compensation
  • Alex R.'s compensation has been consistent with company performance over the past year, both up more than 20%.
  • Alex R.'s remuneration is higher than average for companies of similar size in Germany.
Management Team

Alex R. MacAusland

TITLE
President
COMPENSATION
CA$898K
AGE
50
TENURE
6.3 yrs

Jeffrey Bowers

TITLE
Senior VP of Finance
COMPENSATION
CA$668K
TENURE
10.3 yrs

Jack Pepper

TITLE
Vice President of Operations & Business Development
COMPENSATION
CA$457K

Daniel Lundstrom

TITLE
Vice President Of Health
Board of Directors Tenure

Average tenure and age of the Western Energy Services board of directors in years:

8.8
Average Tenure
62
Average Age
  • The tenure for the Western Energy Services board of directors is about average.
Board of Directors

Ron Mathison

TITLE
Independent Chairman
COMPENSATION
CA$86K
AGE
62
TENURE
6.3 yrs

Alex R. MacAusland

TITLE
President
COMPENSATION
CA$898K
AGE
50
TENURE
10.3 yrs

Martin Abbott

TITLE
Chairman of Stoneham Drilling Trust
AGE
59

John Rooney

TITLE
Independent Director
COMPENSATION
CA$80K
AGE
62
TENURE
10.3 yrs

Lorne Gartner

TITLE
Independent Director
COMPENSATION
CA$75K
AGE
71
TENURE
8.8 yrs

Don Copeland

TITLE
Independent Director
COMPENSATION
CA$75K
AGE
66
TENURE
8.8 yrs

Bruce Jones

TITLE
Director of Stoneham Drilling Trust
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 (€)
02. Apr 20 Buy G2S2 Capital Inc. Company 01. Apr 20 01. Apr 20 2,500 €0.12 €290
31. Mar 20 Buy G2S2 Capital Inc. Company 30. Mar 20 30. Mar 20 3,500 €0.12 €404
30. Mar 20 Buy G2S2 Capital Inc. Company 27. Mar 20 27. Mar 20 18,500 €0.12 €2,193
27. Mar 20 Buy G2S2 Capital Inc. Company 26. Mar 20 26. Mar 20 10,000 €0.12 €1,193
26. Mar 20 Buy G2S2 Capital Inc. Company 25. Mar 20 25. Mar 20 12,000 €0.12 €1,392
25. Mar 20 Buy G2S2 Capital Inc. Company 24. Mar 20 24. Mar 20 9,000 €0.12 €1,065
23. Mar 20 Buy G2S2 Capital Inc. Company 18. Mar 20 20. Mar 20 202,000 €0.13 €26,031
19. Mar 20 Buy G2S2 Capital Inc. Company 18. Mar 20 18. Mar 20 31,500 €0.13 €4,004
13. Mar 20 Buy G2S2 Capital Inc. Company 12. Mar 20 12. Mar 20 480,500 €0.16 €78,295
08. Mar 20 Buy G2S2 Capital Inc. Company 05. Mar 20 05. Mar 20 3,802,500 €0.21 €786,174
04. Mar 20 Buy G2S2 Capital Inc. Company 03. Mar 20 03. Mar 20 11,500 €0.21 €2,391
02. Mar 20 Buy G2S2 Capital Inc. Company 27. Feb 20 02. Mar 20 410,500 €0.21 €84,635
27. Feb 20 Buy G2S2 Capital Inc. Company 25. Feb 20 25. Feb 20 7,000,000 €0.21 €1,452,649
09. Dec 19 Buy Alex R. MacAusland Individual 05. Dec 19 06. Dec 19 64,000 €0.14 €9,002
10. Jun 19 Buy Richard Harrison Individual 10. Jun 19 10. Jun 19 100,000 €0.16 €16,328
X
Management checks
We assess Western 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. Western 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.

W1T2 News

Simply Wall St News

W1T2 Company Info

Description

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment to contracts with exploration and production companies. The Production Services segment offers well servicing rig and related equipment services, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 66 service rigs. It serves crude oil and natural gas exploration and production companies. Western Energy Services Corp. is headquartered in Calgary, Canada.

Details
Name: Western Energy Services Corp.
W1T2
Exchange: DB
Founded:
CA$15,156,705
90,931,814
Website: http://www.wesc.ca
Address: Western Energy Services Corp.
215 – 9th Avenue South West,
Suite 1700,
Calgary,
Alberta, T2P 1K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX WRG Common Shares The Toronto Stock Exchange CA CAD 10. Oct 2004
OTCPK WEEE.F Common Shares Pink Sheets LLC US USD 10. Oct 2004
DB W1T2 Common Shares Deutsche Boerse AG DE EUR 10. Oct 2004
Number of employees
Current staff
Staff numbers
747
Western Energy Services employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:05
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.