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Wescan Energy (TSXV:WCE) Revenue : C$3.55 Mil (TTM As of Sep. 2024)


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What is Wescan Energy Revenue?

Wescan Energy's revenue for the three months ended in Sep. 2024 was C$1.06 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was C$3.55 Mil. Wescan Energy's Revenue per Share for the three months ended in Sep. 2024 was C$0.02. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.08.

Warning Sign:

Wescan Energy Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Wescan Energy was 13.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -37.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 33.40% 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, Wescan Energy's highest 3-Year average Revenue per Share Growth Rate was 230.20% per year. The lowest was -82.60% per year. And the median was -37.90% per year.


Wescan Energy Revenue Historical Data

The historical data trend for Wescan Energy'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.

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Wescan Energy Revenue Chart

Wescan Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 8.83 1.50 3.50 2.78

Wescan Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.74 0.64 0.69 1.16 1.06

Competitive Comparison of Wescan Energy's Revenue

For the Oil & Gas E&P subindustry, Wescan Energy'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.


Wescan Energy's Revenue Distribution in the Oil & Gas Industry

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

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



Wescan Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.55 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.


Wescan Energy  (TSXV:WCE) 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.


Wescan Energy Revenue Related Terms

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


Wescan Energy Business Description

Traded in Other Exchanges
N/A
Address
520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
Executives
Shubham Garg Director
Gregory Timothy John Busby Director, Senior Officer
Leo Berezan 10% Security Holder
Alfredo Cu Director

Wescan Energy Headlines

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