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Western Energy Services (TSX:WRG) 3-Year FCF Growth Rate : -33.50% (As of Mar. 2024)


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What is Western Energy Services 3-Year FCF Growth Rate?

Western Energy Services's Free Cash Flow per Share for the three months ended in Mar. 2024 was C$0.17.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -33.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Western Energy Services was 70.60% per year. The lowest was -68.50% per year. And the median was -1.90% per year.


Competitive Comparison of Western Energy Services's 3-Year FCF Growth Rate

For the Oil & Gas Drilling subindustry, Western Energy Services's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Energy Services's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Energy Services's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Energy Services's 3-Year FCF Growth Rate falls into.



Western Energy Services 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Western Energy Services  (TSX:WRG) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Western Energy Services 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Western Energy Services's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Energy Services (TSX:WRG) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment.
Executives
Sime Armoyan 10% Security Holder
Tomer Cohen Director

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