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Western Energy Services (TSX:WRG) Revenue : C$216.2 Mil (TTM As of Mar. 2024)


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What is Western Energy Services Revenue?

Western Energy Services's revenue for the three months ended in Mar. 2024 was C$62.0 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$216.2 Mil. Western Energy Services's Revenue per Share for the three months ended in Mar. 2024 was C$1.83. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was C$6.39.

Warning Sign:

Western Energy Services Corp revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Western Energy Services was -14.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -16.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -23.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -18.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Western Energy Services's highest 3-Year average Revenue per Share Growth Rate was 104.20% per year. The lowest was -73.90% per year. And the median was -15.70% per year.


Western Energy Services Revenue Historical Data

The historical data trend for Western Energy Services's Revenue 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.

Western Energy Services Revenue Chart

Western Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.41 103.68 131.68 200.34 233.45

Western Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue 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 79.24 42.95 55.00 56.26 61.98

Competitive Comparison of Western Energy Services's Revenue

For the Oil & Gas Drilling subindustry, Western Energy Services's Revenue, along with its competitors' market caps and Revenue 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's Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Western Energy Services's Revenue falls into.



Western Energy Services Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$216.2 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.


Western Energy Services  (TSX:WRG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Western Energy Services Revenue Related Terms

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


Western Energy Services (TSX:WRG) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment.
Executives
Sime Armoyan 10% Security Holder
Tomer Cohen Director

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