Western Energy Services Corp. (WRG.TO)
Western Energy Services Corp. operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $3.20, down 4.19% on the session, giving a market capitalisation of $108.3M. Its beta of 0.48 implies it has historically moved less than the broad market.
Western Energy Services Corp. operates as an oilfield services provider across Canada and the United States. The company structures its operations into two primary divisions: Contract Drilling and Production Services. Through its Contract Drilling segment, it delivers specialized drilling services utilizing its fleet of drilling rigs and associated auxiliary equipment. The Production Services division, conversely, furnishes well servicing rigs and related machinery, in addition to offering oilfield equipment rental solutions to other companies within the sector. Western Energy Services boasts a substantial inventory of 57 drilling rigs and 63 service rigs. Its client base predominantly comprises enterprises involved in the exploration and production of crude oil and natural gas. The firm was established in 2013 and is headquartered in Calgary, Canada.
Western Energy Services Corp. is most often compared with the following Energy names: