Western Energy Financials

WEEEF Stock  USD 1.93  0.04  2.12%   
We strongly advise to harness analysis of Western Energy Services fundamentals to see if markets are presently mispricing the firm. We were able to analyze and collect data for twenty-nine available indicators for Western Energy Services, which can be compared to its rivals. The stock experiences an expected bullish sentiment for its category. Check odds of Western Energy to be traded at $2.32 in 90 days.
  
Understanding current and past Western Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Western Energy's assets may result in an increase in income on the income statement.

Western Energy Stock Summary

Western Energy competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, and Ecopetrol. Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Western Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 566 people.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address215 9th Avenue
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.wesc.ca
Phone403 984 5916
CurrencyUSD - US Dollar

Western Energy Key Financial Ratios

There are many critical financial ratios that Western Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Western Energy Services reports annually and quarterly.

Western Financial Ratios 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 below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.05  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Western Energy Services is roughly  21.18 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Energy's earnings, one of the primary drivers of an investment's value.

Western Energy Services Systematic Risk

Western Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Western Energy Services correlated with the market. If Beta is less than 0 Western Energy generally moves in the opposite direction as compared to the market. If Western Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Energy Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Energy is generally in the same direction as the market. If Beta > 1 Western Energy moves generally in the same direction as, but more than the movement of the benchmark.

Western Energy November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Western Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing Western Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Western Pink Sheet analysis

When running Western Energy's price analysis, check to measure Western Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Energy is operating at the current time. Most of Western Energy's value examination focuses on studying past and present price action to predict the probability of Western Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Energy's price. Additionally, you may evaluate how the addition of Western Energy to your portfolios can decrease your overall portfolio volatility.
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