WEEEF (Western Energy Services) EBIT: $-15.1 Mil (TTM As of Mar. 2026)


WEEEF Western Energy Services Corp WEEEF
52 GF Score
Price $2.30
GF Value $1.75
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Western Energy Services EBIT?

Western Energy Services WEEEF 52 EBIT is $-15.1 Mil as of Mar. 2026. GuruFocus rates WEEEF with a GF Score™ of 52/100 and a GF Value™ of $1.75 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Western Energy Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Western Energy Services's annualized ROC % for the quarter that ended in Mar. 2026 was 2.55%. Western Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Western Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.49%.


Western Energy Services  (OTCPK:WEEEF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Western Energy Services's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7.948 * ( 1 - 17.23% )/( (257.069 + 259.292)/ 2 )
=6.5785596/258.1805
=2.55 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Western Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.276/( ( (241.333 + max(13.404, 0)) + (238.745 + max(16.949, 0)) )/ 2 )
=12.276/( ( 254.737 + 255.694 )/ 2 )
=12.276/255.2155
=4.81 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.447 + 0.046 + 2.397) - (15.486 + 0 + 0)
=13.404

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.53 + 0.051 + 1.328) - (10.96 + 0 + -3.5527136788005E-15)
=16.949

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Western Energy Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-15.068/143.601
=-10.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Energy Services EBIT Related Terms


Western Energy Services EBIT Historical Data

* Premium members only.

The historical data trend for Western Energy Services's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Energy Services EBIT Chart

Western Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.46 34.23 2.37 1.04 -14.37

Western Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 -2.43 -0.55 -15.16 3.07

WEEEF vs NE, RIG, VAL: EBIT Comparison

For the Oil & Gas Drilling subindustry, Western Energy Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Energy Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Western Energy Services's EV-to-EBIT falls into.


WEEEF
52GF Score
Western Energy Services Corp WEEEF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Energy Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-15.1 Mil mean?
Western Energy Services (WEEEF) has a EBIT of $-15.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Western Energy Services.
Is Western Energy Services' EBIT too high?
Western Energy Services' current EBIT is $-15.1 Mil. Overall, Western Energy Services has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Energy Services' EBIT compare to NE and RIG?
Western Energy Services' EBIT of $-15.1 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Western Energy Services. Western Energy Services's current EBIT is $-15.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Western Energy Services (WEEEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.75, compared to a current price of $2.30 — trading 31.4% above its estimated fair value. The current EBIT is $-15.1 Mil. Western Energy Services' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Western Energy Services (WEEEF), the current EBIT is $-15.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Energy Services (WEEEF) Overvalued in 2026?

Based on GuruFocus' analysis, Western Energy Services stock appears to be overvalued. The current stock price of $2.30 is trading 31.4% above its estimated GF Value™ of $1.75. GuruFocus considers Western Energy Services to be Significantly Overvalued.

Key valuation signals for WEEEF:

  • EBIT: $-15.1 Mil
  • GF Value™: $1.75 vs. price of $2.30 (31.4% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the WEEEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges W1T:GermanyWRG:Canada
Address 215, 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp is an energy service company providing contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary in the United States. The company provides production services in Canada through its division Eagle Well Servicing (Eagle) which provides well servicing and its division Aero Rental Services (Aero), which provides rental equipment services. It operates in two segments. Contract drilling includes drilling rigs along with related ancillary equipment. Production services include well servicing rigs and related equipment, as well as rental equipment. The contract drilling segment derives the majority of the revenue.
52GF Score

Get the complete analysis for WEEEF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.30
Price
$1.75
GF Value