GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Westgate Energy Inc (TSXV:WGT) » Definitions » Market Cap

Westgate Energy (TSXV:WGT) Market Cap : C$8.05 Mil (As of Mar. 14, 2025)


View and export this data going back to 2024. Start your Free Trial

What is Westgate Energy Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Westgate Energy's share price for the quarter that ended in Jun. 2024 was C$0.25. Westgate Energy's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 50.33 Mil. Therefore, Westgate Energy's market cap for the quarter that ended in Jun. 2024 was C$12.58 Mil.

Westgate Energy's quarterly market cap stayed the same from Jun. 2023 (C$0.00 Mil) to Dec. 2023 (C$0.00 Mil) but then increased from Dec. 2023 (C$0.00 Mil) to Jun. 2024 (C$12.58 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Westgate Energy's Enterprise Value for Today is C$8.06 Mil.


Westgate Energy Market Cap Historical Data

The historical data trend for Westgate Energy's Market Cap 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.

* Premium members only.

Westgate Energy Market Cap Chart

Westgate Energy Annual Data
Trend Dec22
Market Cap
-

Westgate Energy Quarterly Data
Dec22 Jun23 Dec23 Jun24
Market Cap - - - 12.58

Competitive Comparison of Westgate Energy's Market Cap

For the Oil & Gas Drilling subindustry, Westgate Energy's Market Cap, along with its competitors' market caps and Market Cap 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.


Westgate Energy's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Westgate Energy's Market Cap distribution charts can be found below:

* The bar in red indicates where Westgate Energy's Market Cap falls into.



Westgate Energy Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Westgate Energy's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=C$0*50.328
=C$0.00

Westgate Energy's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=C$0.25*50.328
=C$12.58

* 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.


Westgate Energy  (TSXV:WGT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Westgate Energy Market Cap Related Terms

Thank you for viewing the detailed overview of Westgate Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Westgate Energy Business Description

Traded in Other Exchanges
N/A
Address
2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Westgate Energy Inc is focused on the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan, where known accumulations of medium and heavy oil are being unlocked via the application of modern drilling techniques utilizing multi-lateral horizontal drilling. The application of these modernized multi-lateral drilling techniques has yielded some of the strongest oil well economics throughout Western Canada.

Westgate Energy Headlines

No Headlines