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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Western Energy Services's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Western Energy Services's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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.
Alex R. MacAusland
Senior VP of Finance
Vice President of Operations & Business Development
Vice President Of Health
Board of Directors Tenure
Average tenure and age of the
Western Energy Services
board of directors in years:
The tenure for the Western Energy Services board of directors is about average.
Board of Directors
Alex R. MacAusland
Chairman of Stoneham Drilling Trust
Director of Stoneham Drilling Trust
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
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.
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