Atb Cap Markets Estimates TSE:WRG FY2024 Earnings

Western Energy Services Corp. (TSE:WRG) – Equities research analysts at Atb Cap Markets issued their FY2024 EPS estimates for Western Energy Services in a research report issued on Wednesday, January 15th. Atb Cap Markets analyst T. Monachello expects that the company will post earnings per share of ($0.11) for the year. The consensus estimate for Western Energy Services’ current full-year earnings is $0.15 per share. Atb Cap Markets also issued estimates for Western Energy Services’ Q4 2024 earnings at $0.03 EPS, Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at ($0.01) EPS, FY2026 earnings at $0.04 EPS and FY2027 earnings at $0.09 EPS.

Separately, ATB Capital set a C$3.25 price target on Western Energy Services and gave the stock a “sector perform” rating in a research note on Wednesday.

Western Energy Services Trading Down 3.2 %

Shares of WRG opened at C$2.68 on Friday. Western Energy Services has a twelve month low of C$2.43 and a twelve month high of C$3.31. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. The firm has a market capitalization of C$90.69 million, a P/E ratio of -12.76, a PEG ratio of 0.09 and a beta of 1.49. The firm’s 50-day moving average is C$2.66 and its two-hundred day moving average is C$2.79.

About Western Energy Services

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. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.