WGTFF (Westgate Energy) Scaled Net Operating Assets: 0.48 (As of Mar. 2026)


WGTFF Westgate Energy Inc WGTFF
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What is Westgate Energy Scaled Net Operating Assets?

Westgate Energy WGTFF 4 Scaled Net Operating Assets is 0.48 as of Mar. 2026. GuruFocus rates WGTFF with a GF Score™ of 4/100. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Westgate Energy's operating assets for the quarter that ended in Mar. 2026 was $20.51 Mil. Westgate Energy's operating liabilities for the quarter that ended in Mar. 2026 was $10.52 Mil. Westgate Energy's Total Assets for the quarter that ended in Dec. 2025 was $20.65 Mil. Therefore, Westgate Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.48.


Westgate Energy Scaled Net Operating Assets Historical Data

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The historical data trend for Westgate Energy'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.

Westgate Energy Scaled Net Operating Assets Chart

Westgate Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.01 7.24 0.88 1.08

Westgate Energy Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.69 0.38 0.57 0.48

WGTFF vs NE, RIG, VAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Drilling subindustry, Westgate Energy'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.


Westgate Energy Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Westgate Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Westgate Energy's Scaled Net Operating Assets falls into.


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Westgate Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Westgate Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(19.351-7.587)/10.848
=1.08

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20.646 - 1.295
=19.351

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.013 - 9.867 - 0.559
=7.587

Westgate Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(20.508-10.52)/20.646
=0.48

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.545 - 1.037
=20.508

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.304 - 10.784 - 0
=10.52

* 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 0.48 mean?
Westgate Energy (WGTFF) has a Scaled Net Operating Assets of 0.48 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 Westgate Energy and its competitors.
Is Westgate Energy's Scaled Net Operating Assets too high?
Westgate Energy's current Scaled Net Operating Assets is 0.48. Overall, Westgate Energy has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Westgate Energy's Scaled Net Operating Assets compare to NE and RIG?
Westgate Energy's Scaled Net Operating Assets of 0.48 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 Westgate Energy and its competitors. Westgate Energy's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgate Energy stock overvalued right now?
Westgate Energy (WGTFF) has a current Scaled Net Operating Assets of 0.48. The current Scaled Net Operating Assets is 0.48. Westgate Energy's overall GF Score™ is 4/100 with 4 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 Westgate Energy (WGTFF), the current Scaled Net Operating Assets is 0.48 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.

Westgate Energy Business Description

Industry EnergyOil & Gas
Other Exchanges J3S:GermanyWGT:Canada
Address 2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Westgate Energy Inc is an oil, natural gas and natural gas liquids (NGL or NGLs) exploration, development and production company with properties located in Western Canada. It is focused on the emerging Mannville Stack fairway, characterized by known accumulations of medium and heavy oil which are being unlocked with inventive drilling techniques that utilize multi-lateral horizontal drilling.
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