Western Energy ServicesWEEEF 52 Quick Ratio is 1.82 as of Mar. 2026, which is 18% above its 10-year median of 1.54. 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. Among 1,014 Oil & Gas companies, Western Energy Services ranks better than 69.33% on this metric.
Western Energy Services has a quick ratio of 1.82. It generally indicates good short-term financial strength.
The historical rank and industry rank for Western Energy Services's Quick Ratio or its related term are showing as below:
WEEEF'
s Quick Ratio Range Over the Past 10 Years
Min: 0.18 Med: 1.54 Max: 4.25
Current: 1.82
During the past 13 years, Western Energy Services's highest Quick Ratio was 4.25. The lowest was 0.18. And the median was 1.54.
WEEEF's Quick Ratio is ranked better than 69.33% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.12
vs WEEEF: 1.82
Western Energy Services (OTCPK:WEEEF) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Western Energy Services Quick Ratio Related Terms
Western Energy Services Quick Ratio Historical Data
* 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.
For the Oil & Gas Drilling subindustry, Western Energy Services's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Energy Services's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Western Energy Services's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Western Energy Services's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (WEEEF) has a Quick Ratio of 1.82 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Western Energy Services and its competitors. This is 18% above median its historical median of 1.54. Over the past decade, Western Energy Services' Quick Ratio has ranged from 0.18 to 4.25. According to the industry distribution chart, Western Energy Services ranks #311 out of 1014 companies in the Oil & Gas industry, placing it in the top 30.7%.
Is Western Energy Services' Quick Ratio too high?
Western Energy Services' current Quick Ratio of 1.82 is 18% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 4.25. The Oil & Gas industry median Quick Ratio is 1.12. Western Energy Services' value of 1.82 is 62.5% above this industry median. Based on the distribution chart, Western Energy Services ranks #311 out of 1014 companies in the Oil & Gas industry, which is above the industry midpoint. 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' Quick Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Western Energy Services ranks #311 out of 1014 companies for Quick Ratio. This puts Western Energy Services in the upper half of its industry. The industry median Quick Ratio is 1.12. Western Energy Services' value of 1.82 is 62.5% above this benchmark. Historically, Western Energy Services' own Quick Ratio has ranged from 0.18 to 4.25 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.12, 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Energy Services's current Quick Ratio of 1.82 is 62.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Western Energy Services and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Energy Services's current Quick Ratio is 1.82, which is 18% above median its own 10-year median of 1.54. 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 Quick Ratio is 1.82, which is 18% above median its 10-year median of 1.54 and 62.5% above the Oil & Gas industry median of 1.12. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Western Energy Services (WEEEF), the current Quick Ratio is 1.82 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:
Quick Ratio: 1.82 (18% above median its 10-year median of 1.54)
GF Value™: $1.75 vs. price of $2.30 (31.4% above fair value)
Industry Position: 62.5% above the Oil & Gas median (#311 of 1014)
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 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
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