Western Energy Services Stock Fundamentals

WRG Stock  CAD 2.69  0.11  4.26%   
Western Energy Services fundamentals help investors to digest information that contributes to Western Energy's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Energy stock.
At this time, Western Energy's Operating Income is very stable compared to the past year. As of the 24th of November 2024, Total Operating Expenses is likely to grow to about 36.6 M, while Interest Expense is likely to drop about 9.7 M.
  
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Western Energy Services Company Shares Outstanding Analysis

Western Energy's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Western Energy Shares Outstanding

    
  33.84 M  
Most of Western Energy's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Energy Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Western Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Western Energy is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Western Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Energy's interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Western Common Stock Shares Outstanding

Common Stock Shares Outstanding

35.54 Million

At this time, Western Energy's Common Stock Shares Outstanding is very stable compared to the past year.
Based on the latest financial disclosure, Western Energy Services has 33.84 M of shares currently outstending. This is 98.13% lower than that of the Energy Equipment & Services sector and 84.18% lower than that of the Energy industry. The shares outstanding for all Canada stocks is 94.08% higher than that of the company.

Western Energy Services Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Western Energy's current stock value. Our valuation model uses many indicators to compare Western Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Energy competition to find correlations between indicators driving Western Energy's intrinsic value. More Info.
Western Energy Services is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At this time, Western Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Western Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Energy's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Western Energy could also be used in its relative valuation, which is a method of valuing Western Energy by comparing valuation metrics of similar companies.
Western Energy is currently under evaluation in shares outstanding category among its peers.

Western Fundamentals

About Western Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Western Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Energy Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue 0.90  0.80 
Total Revenue233.5 M180.1 M
Cost Of Revenue211.6 M160.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.07 
Capex To Revenue 0.10  0.09 
Revenue Per Share 6.90  6.55 
Ebit Per Revenue 0.01  0.01 

Other Information on Investing in Western Stock

Western Energy financial ratios help investors to determine whether Western Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Energy security.