WEEEF
Price:
$2.375
Market Cap:
$111.70M
Western Energy Services Corp. functions as an oilfield services firm, serving clients throughout Canada and the United States. Its business activities are organized into two key segments: Contract Drilling and Production Services. The Contract Drilling division specializes in providing contract drilling services, utilizing its drilling rigs and supplementary equipment. Meanwhile, the Production Services segment offers well servicing rigs and related apparatus, in addition to supplying oilfield rental equipment services to other companies in the energy sector. The company maintains a significant fleet, owning and operating 57 drilling rigs and 63 service rigs. It primarily caters to crude oil...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2009-05-06
Stock Exchange
OTC
Ticker
WEEEF
According to Western Energy Services Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of 5.26% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Western Energy Services Corp. over the last ten years is 1.65. The current 1.82 Current Ratio has changed 10.93% with respect to the historical average. Over the past ten years (40 quarters), WEEEF's Current Ratio was at its highest in in the June 2016 quarter at 4.25. The Current Ratio was at its lowest in in the March 2022 quarter at 0.19.
Average
1.65
Median
1.57
Minimum
1.06
Maximum
2.55
Discovering the peaks and valleys of Western Energy Services Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 46.77%
Maximum Annual Current Ratio = 2.55
Minimum Annual Increase = -43.58%
Minimum Annual Current Ratio = 1.06
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.65 | 28.89% |
| 2024 | 1.28 | -22.55% |
| 2023 | 1.66 | 6.71% |
| 2022 | 1.55 | 46.77% |
| 2021 | 1.06 | -33.09% |
| 2020 | 1.58 | 29.97% |
| 2019 | 1.22 | -15.48% |
| 2018 | 1.44 | -43.58% |
| 2017 | 2.55 | 1.45% |
| 2016 | 2.52 | -22.65% |
The current Current Ratio of Western Energy Services Corp. (WEEEF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.53
5-year avg
1.44
10-year avg
1.65
Western Energy Services Corp.’s Current Ratio is greater than Awilco Drilling PLC (0.21), less than AKITA Drilling Ltd. (2.66), less than Africa Energy Corp. (7.93), greater than Arrow Exploration Corp. (1.16), less than Echelon Resources Limited (2.76), less than Pancontinental Energy NL (6.02), greater than Orca Energy Group Inc. (1.07), greater than Canacol Energy Ltd (0.59), greater than Challenger Energy Group PLC (1.56), greater than Touchstone Exploration Inc. (0.52),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.21 | $44.81M | |
| 2.66 | $101.11M | |
| 7.93 | $64.69M | |
| 1.16 | $108.63M | |
| 2.76 | $44.79M | |
| 6.02 | $63.80M | |
| 1.07 | $39.09M | |
| 0.59 | $36.17M | |
| 1.56 | $37.36M | |
| 0.52 | $25.67M |
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