Western Energy Services (TSX:WRG) 3-Year Revenue Growth Rate : -16.90% (As of Mar. 2024)

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What is Western Energy Services 3-Year Revenue Growth Rate?

Western Energy Services's Revenue per Share for the three months ended in Mar. 2024 was C$1.83.

During the past 12 months, Western Energy Services's average Revenue per Share Growth Rate 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 the average Revenue per Share growth rate.

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

Competitive Comparison of Western Energy Services's 3-Year Revenue Growth Rate

For the Oil & Gas Drilling subindustry, Western Energy Services's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Western Energy Services's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Energy Services's 3-Year Revenue Growth Rate falls into.

Western Energy Services 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

Western Energy Services (TSX:WRG) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Western Energy Services 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Western Energy Services's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Energy Services (TSX:WRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Western Energy Services Corp (TSX:WRG) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

WEEEF:USA

Address

215 - 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3

Website

https://www.wesc.ca

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

Western Energy Services (TSX:WRG) Headlines

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