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Western Energy Services Corp T.WRG

Alternate Symbol(s):  WEEEF

Western Energy Services Corp. (Western) is a Canada-based energy service company. The Company is focused on providing contract drilling services through its division, Horizon Drilling (Horizon) in Canada, and its wholly owned subsidiary, Stoneham Drilling Corporation (Stoneham) in the United States. Western provides well servicing and oilfield rental equipment services in Canada through its wholly owned subsidiary Western Production Services Corp. (Western Production Services). Western Production Services’ division, Eagle Well Servicing (Eagle) provides well servicing, and Aero Rental Services (Aero) provides oilfield rental equipment services. In Contract Drilling Services, the Company operates a fleet of approximately 42 drilling rigs specifically suited for drilling complex horizontal wells. In production services, the Company provides well servicing and oilfield equipment rentals primarily in Canada operates approximately 65 well servicing rigs.


TSX:WRG - Post by User

Comment by Snakebite18on Jul 23, 2022 4:40pm
126 Views
Post# 34845750

RE:New Press Release - WESTERN ENERGY SERVICES CORP. ANNOUNCES DIRECTOR ELECTION RESULTS

RE:New Press Release - WESTERN ENERGY SERVICES CORP. ANNOUNCES DIRECTOR ELECTION RESULTSTD (Morning Star) has a great detailed report. It shows at as much as 71% undervalued and at .14 cents going forward. It also shows a recommended hold with low risk, and with fundamentals improving every quarter. Now that Matco has been dealt with and debt stabilizing, combined with what looks like a healthy drilling forecast for western Canada, this is looking very attractive, especially at this level. It also shows a healthy growth rate prediction. Definitely pay attention to this. 
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