Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Western Energy Services's operating assets for the quarter that ended in Mar. 2026 was $270.3 Mil. Western Energy Services's operating liabilities for the quarter that ended in Mar. 2026 was $11.8 Mil. Western Energy Services's Total Assets for the quarter that ended in Dec. 2025 was $274.5 Mil. Therefore, Western Energy Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.94.
Western Energy Services Scaled Net Operating Assets Related Terms
Western Energy Services Scaled Net Operating Assets Historical Data
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The historical data trend for Western Energy Services's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
WEEEF vs NE, RIG, VAL: Scaled Net Operating Assets Comparison
For the Oil & Gas Drilling subindustry, Western Energy Services's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Energy Services's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Western Energy Services's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.94 mean?
Western Energy Services (WEEEF) has a Scaled Net Operating Assets of 0.94 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Western Energy Services and its competitors.
Is Western Energy Services' Scaled Net Operating Assets too high?
Western Energy Services' current Scaled Net Operating Assets is 0.94. 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' Scaled Net Operating Assets compare to NE and RIG?
Western Energy Services' Scaled Net Operating Assets of 0.94 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Western Energy Services and its competitors. Western Energy Services's current Scaled Net Operating Assets is 0.94. 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 Scaled Net Operating Assets is 0.94. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Western Energy Services (WEEEF), the current Scaled Net Operating Assets is 0.94 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:
Scaled Net Operating Assets: 0.94
GF Value™: $1.75 vs. price of $2.30 (31.4% above fair value)
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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