Western Energy Services Corp.

WRG

CA9581596009

Oil & Gas Drilling

Market Closed - Toronto S.E. Other stock markets 11:32:59 2024-06-21 EDT			5-day change	1st Jan Change
2.6 ^CAD	-0.76%		-5.45%	-12.46%

06-17	Western Energy Services Appoints Lane as Chief Financial Officer	MT
06-17	Western Energy Services Corp. Brief: His Previous roles include Chief Financial Officer at Indigena Drilling Inc. and BTG Energy Corp., and Vice-President Finance at Trinidad Drilling Inc	MT

Western Energy Services Corp. Announces Resignation of Jeffrey K. Bowers as CFO

May 28, 2024 at 09:00 am

Alex R.N. MacAusland, President and CEO of Western Energy Services Corp. announced that Jeffrey K. Bowers Chief Financial Officer resigned to actively pursue other opportunities. Mr. Bowers' resignation will be effective on May 28, 2024.

Mr. Bowers will remain with the Company on an interim basis until a successor is appointed.

Latest news about Western Energy Services Corp.

Western Energy Services Appoints Lane as Chief Financial Officer	06-17	MT
Western Energy Services Corp. Brief: His Previous roles include Chief Financial Officer at Indigena Drilling Inc. and BTG Energy Corp., and Vice-President Finance at Trinidad Drilling Inc	06-17	MT
Western Energy Services Corp. Brief: Announcing appointment of Gavin Lane as Chief Financial Officer effective immediately	06-17	MT
Western Energy Services Corp. Announces the Appointment of Gavin Lane as Chief Financial Officer	06-17	CI
Western Energy Services Corp. Brief: Company has retained a recruitment firm to assist in identifying candidates as Bowers' successor; Bowers, a Co-Founder of Western, will remain with the Co on an interim basis until a successor is appointed	05-28	MT
Western Energy Services Corp. Brief: Bowers' resignation will be effective on May 28, 2024	05-28	MT
Western Energy Services Corp. Brief: Announced that Jeffrey K. Bowers, Senior VP Finance, CFO and Corporate Secretary has resigned to actively pursue other opportunities	05-28	MT
Western Energy Services Corp. Announces Resignation of Jeffrey K. Bowers as CFO	05-28	CI
Western Energy Services Corp. Announces Resignation of Jeffrey K. Bowers as Senior VP Finance & Corporate Secretary	05-28	CI
North American Morning Briefing : Investors Brace -2-	04-29	DJ
Transcript : Western Energy Services Corp. - Shareholder/Analyst Call	04-24
Western Energy Services Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-23	CI
Western Energy Services Corp. Brief: First quarter revenue decreased by $17.2 million (or 22%), to $62.0 million in 2024	04-23	MT
North American Morning Briefing : Stock Futures -2-	03-04	DJ
Western Energy Services Corp. Brief: Reduced Debt By $17 Million In 2023	02-28	MT
Western Energy Services Corp. Brief: Q4 revenue decreased by $4.5 million or 7%, to $56.3 million in 2023, as compared to $60.8 million in the fourth quarter of 2022	02-28	MT
Western Energy Services Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI
DynaCERT Provided Highlights of 4th Quarter 2023	12-28	MT
North American Morning Briefing : Rate Decisions, -2-	23-10-30	DJ
Western Energy Services Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-24	CI
Western Energy Services Corp. Brief: Q3 Revenue decreased by $3.5 million or 6%, to $55.0 million in 2023, as compared to $58.5 million in the third quarter of 2022	23-10-24	MT
Western Energy Services Corp. Brief: Q3 Basic and diluted net income (loss) per share (0.04)	23-10-24	MT
Western Energy Services Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-25	CI
Western Energy Services Posts Q2 Net Loss, Revenue Up YOY	23-07-25	MT
Western Energy Services Corp. Brief: Incurred a net loss of $7.8 million in Q2 ($0.23 net loss per basic common share) Vs net income of $35.4 million in the same period in 2022 ($1.81 net income per basic common share)	23-07-25	MT

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Company Profile

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 Servicesâ 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.

Sector

Oil & Gas Drilling

Calendar

2024-07-21 - Q2 2024 Earnings Release (Projected)

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Ratings for Western Energy Services Corp.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2.6 CAD

Average target price

3 CAD

Spread / Average Target

+15.38%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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