Western Energy Services Corp V.WRG

Primary Symbol: T.WRG Alternate Symbol(s): WEEEF

Energy Oil & Gas Drilling

Western Energy Services Corp. is a Canada-based energy services company that provides contract drilling services in Canada and in the United States and production services in Canada through its various divisions, its subsidiary, and its first nations relationships. The Company's services include Horizon Drilling, Stoneham Drilling, Eagle Well Servicing and Aero Rental Services. Its contract drilling business includes drilling rigs along with related ancillary equipment. Its production services business includes well servicing rigs and related equipment, as well as rental equipment. It markets a fleet of approximately 41 drilling rigs specifically suited for drilling complex horizontal wells across Canada and the United States. The Company operates around 63 well servicing rigs. Its drilling rigs can include features such as AC power, top drive, dual fuel, automated pipe handling, automated catwalk, hydraulic substructure levelling, hydraulic BOP handling and Range III tubulars.

TSX:WRG - Post by User

Western Energy Services Corp

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Comment by StockMagicianon Jul 27, 2017 7:44am

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Post# 26515148

RE:Earnings out.

I was hoping for another 5-6 cent loss like last quarter, not 23 cents. Increased rig utilization and all of the rest... great. Bottom line number? Facepalm. Headshake. Now the selling makes sense.

MuskokaJoe68 wrote: Good looking numbers for their seasonally slow quarter, EBITDA positive with revenue growth north of 160% stock should be trading closer to 2.00/share given the sound footing the business is now on operationally. That operating cashflow number of 20M+ doesn't hurt Either!

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