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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

Post by bruloilon Jun 16, 2023 12:10pm
215 Views
Post# 35500316

Who is on the track 3$ or 0.30$

Who is on the track 3$ or 0.30$

 

Globe says Western Energy Services kept at "hold"

 

2023-06-16 08:08 ET - In the News

 

The Globe and Mail reports in its Friday edition that Stifel analyst Cole Pereira has reaffirmed his "positive view" for the oil field service sector, even though the year may have some challenges "given volatility in commodity prices and capital markets." The Globe's David Leeder writes that Mr. Periera believes oil field service stocks are oversold. Accordingly, Mr. Periera shaved his share target for Western Energy Services by 15 cents to $3, while maintaining his "hold" recommendation.

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