Western Energy Services (TSX:WRG) OCF Margin %: 60.89% (As of Jun. 2026) — 301% Above Median

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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 OCF Margin %?

Western Energy Services TSX:WRG +5.59% 51 OCF Margin % is 60.89% as of Jun. 2026, which is 301% above its 10-year median of 15.20. 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. Among 909 Oil & Gas companies, Western Energy Services ranks better than 64.14% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Western Energy Services's Cash Flow from Operations for the three months ended in Jun. 2026 was C$23.5 Mil. Western Energy Services's Revenue for the three months ended in Jun. 2026 was C$38.6 Mil. Therefore, Western Energy Services's OCF Margin % for the quarter that ended in Jun. 2026 was 60.89%.

As of today, Western Energy Services's current OCF Yield % is 42.81%.

The historical rank and industry rank for Western Energy Services's OCF Margin % or its related term are showing as below:

TSX:WRG' s OCF Margin % Range Over the Past 10 Years
Min: 10.35   Med: 15.2   Max: 26.74
Current: 24.35


During the past 13 years, the highest OCF Margin % of Western Energy Services was 26.74%. The lowest was 10.35%. And the median was 15.20%.

TSX:WRG's OCF Margin % is ranked better than
64.14% of 909 companies
in the Oil & Gas industry
Industry Median: 13.96 vs TSX:WRG: 24.35


Western Energy Services OCF Margin % Related Terms


Western Energy Services OCF Margin % Historical Data

* Premium members only.

The historical data trend for Western Energy Services's OCF Margin % 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 OCF Margin % Chart

Western Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.63 14.25 22.00 20.98 18.84

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
OCF Margin % 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 49.50 16.89 17.18 13.19 60.89

TSX:WRG vs NE, RIG, VAL: OCF Margin % Comparison

For the Oil & Gas Drilling subindustry, Western Energy Services's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Energy Services's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Western Energy Services's OCF Margin % falls into.


TSX:WRG
51GF Score
Western Energy Services Corp TSX:WRG
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Energy Services OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Western Energy Services's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=40.974/217.502
=18.84 %

Western Energy Services's OCF Margin for the quarter that ended in Jun. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=23.487/38.575
=60.89 %

* 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 OCF Margin % →
What does a OCF Margin % of 60.89% mean?
Western Energy Services (TSX:WRG) has a OCF Margin % of 60.89% as of Jun. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Western Energy Services and its competitors. This is 301% above median its historical median of 15.20. Over the past decade, Western Energy Services' OCF Margin % has ranged from 10.35 to 26.74. According to the industry distribution chart, Western Energy Services ranks #326 out of 909 companies in the Oil & Gas industry, placing it in the top 35.9%.
Is Western Energy Services' OCF Margin % too high?
Western Energy Services' current OCF Margin % of 60.89% is 301% above median its 10-year median of 15.20. Over the past 10 years, this metric has ranged from a low of 10.35 to a high of 26.74. The Oil & Gas industry median OCF Margin % is 13.96. Western Energy Services' value of 60.89% is 336.2% above this industry median. Based on the distribution chart, Western Energy Services ranks #326 out of 909 companies in the Oil & Gas industry, which is above the industry midpoint. 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' OCF Margin % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Western Energy Services ranks #326 out of 909 companies for OCF Margin %. This puts Western Energy Services in the upper half of its industry. The industry median OCF Margin % is 13.96. Western Energy Services' value of 60.89% is 336.2% above this benchmark. Historically, Western Energy Services' own OCF Margin % has ranged from 10.35 to 26.74 over the past decade. While the company's 10-year median is 15.20 vs. the industry median of 13.96, Western Energy Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.96, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Energy Services's current OCF Margin % of 60.89% is 336.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Western Energy Services and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Energy Services's current OCF Margin % is 60.89%, which is 301% above median its own 10-year median of 15.20. 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 OCF Margin % is 60.89%, which is 301% above median its 10-year median of 15.20 and 336.2% above the Oil & Gas industry median of 13.96. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Western Energy Services (TSX:WRG), the current OCF Margin % is 60.89% 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:

  • OCF Margin %: 60.89% (301% above median its 10-year median of 15.20)
  • GF Value™: C$2.47 vs. price of C$3.40 (37.7% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 336.2% above the Oil & Gas median (#326 of 909)

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

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OCF Margin % 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