Western Energy Services (TSX:WRG) Effective Interest Rate on Debt %: 8.91% (As of Jun. 2026)

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TSX:WRG Western Energy Services Corp TSX:WRG
51 GF Score
Price C$3.40
GF Value C$2.47
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Western Energy Services Effective Interest Rate on Debt %?

Western Energy Services TSX:WRG +5.59% 51 Effective Interest Rate on Debt % is 8.91% as of Jun. 2026. GuruFocus rates TSX:WRG with a GF Score™ of 51/100 and a GF Value™ of C$2.47 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Western Energy Services's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was C$7.5 Mil. Western Energy Services's average total debt for the quarter that ended in Jun. 2026 was C$84.4 Mil. Therefore, Western Energy Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 8.91%.


Western Energy Services  (TSX:WRG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Western Energy Services Effective Interest Rate on Debt % Related Terms


Western Energy Services Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Western Energy Services's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Western Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 7.70 9.27 9.19 9.15

Western Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Effective Interest Rate on Debt % 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 8.87 8.94 9.11 8.82 8.91

TSX:WRG vs NE, RIG, VAL: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Drilling subindustry, Western Energy Services's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Energy Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Western Energy Services's Effective Interest Rate on Debt % falls into.


TSX:WRG
51GF Score
Western Energy Services Corp TSX:WRG
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Energy Services Effective Interest Rate on Debt % Calculation

Western Energy Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -8.909/( (103.662+91.116)/ 2 )
=-1  *  -8.909/97.389
=9.15 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.325 + 7.337
=103.662

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.896 + 6.22
=91.116

Western Energy Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -7.52/( (89.931+78.94)/ 2 )
=-1  *  -7.52/84.4355
=8.91 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=79.416 + 10.515
=89.931

Total Debt  (Q: Jun. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73.555 + 5.385
=78.94

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 8.91% mean?
Western Energy Services (TSX:WRG) has a Effective Interest Rate on Debt % of 8.91% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Western Energy Services and its competitors.
Is Western Energy Services' Effective Interest Rate on Debt % too high?
Western Energy Services' current Effective Interest Rate on Debt % is 8.91%. Overall, Western Energy Services has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Energy Services' Effective Interest Rate on Debt % compare to NE and RIG?
Western Energy Services' Effective Interest Rate on Debt % of 8.91% 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 Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Western Energy Services and its competitors. Western Energy Services's current Effective Interest Rate on Debt % is 8.91%. 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 (TSX:WRG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.47, compared to a current price of C$3.40 — trading 37.7% above its estimated fair value. The current Effective Interest Rate on Debt % is 8.91%. Western Energy Services' overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Western Energy Services (TSX:WRG), the current Effective Interest Rate on Debt % is 8.91% as of Jun. 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 (TSX:WRG) Overvalued in 2026?

Based on GuruFocus' analysis, Western Energy Services stock appears to be overvalued. The current stock price of C$3.40 is trading 37.7% above its estimated GF Value™ of C$2.47. GuruFocus considers Western Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:WRG:

  • Effective Interest Rate on Debt %: 8.91%
  • GF Value™: C$2.47 vs. price of C$3.40 (37.7% above fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the TSX:WRG 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 WEEEF:USAW1T:Germany
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.
51GF Score

Get the complete analysis for TSX:WRG

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.40
Price
C$2.47
GF Value