Western Energy Services Stock Net Income

WRG Stock  CAD 2.67  0.02  0.74%   
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.
Last ReportedProjected for Next Year
Net Loss-7.2 M-7.6 M
Net Loss-6.9 M-7.2 M
Net Income Applicable To Common Shares26.1 M27.4 M
Net Loss(0.21)(0.22)
Net Income Per E B T 0.87  0.95 
At this time, Western Energy's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 1st of December 2024, Net Income Per E B T is likely to grow to 0.95, while Net Loss is likely to drop (7.6 M).
  
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Western Energy Services Company Net Income Analysis

Western Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Western Energy Net Income

    
  (7.21 M)  
Most of Western Energy's fundamental indicators, such as Net Income, 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 Net Income 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 Net Income. 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Western Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

13.76 Million

At this time, Western Energy's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Western Energy Services reported net income of (7.21 Million). This is 100.32% lower than that of the Energy Equipment & Services sector and 98.2% lower than that of the Energy industry. The net income for all Canada stocks is 101.26% higher than that of the company.

Western Net Income 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 Net Income 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 net income 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.

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.