Atb Cap Markets Analysts Lift Earnings Estimates for TSE:WRG

Western Energy Services Corp. (TSE:WRG) – Research analysts at Atb Cap Markets upped their Q1 2025 EPS estimates for shares of Western Energy Services in a note issued to investors on Thursday, February 27th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.09. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Western Energy Services’ current full-year earnings is $0.15 per share. Atb Cap Markets also issued estimates for Western Energy Services’ Q1 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS, Q1 2026 earnings at $0.14 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.01) EPS, Q3 2026 earnings at ($0.01) EPS and Q4 2026 earnings at $0.05 EPS.

Separately, ATB Capital set a C$3.25 price target on shares of Western Energy Services and gave the stock a “sector perform” rating in a research report on Wednesday, January 15th.

Western Energy Services Stock Down 2.5 %

Shares of Western Energy Services stock opened at C$2.35 on Friday. The company has a fifty day moving average price of C$2.60 and a 200 day moving average price of C$2.72. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49. Western Energy Services has a twelve month low of C$2.35 and a twelve month high of C$3.31. The stock has a market cap of C$79.52 million, a price-to-earnings ratio of -11.19, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49.

Insider Buying and Selling at Western Energy Services

In other news, insider Sime Armoyan acquired 25,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was bought at an average cost of C$2.40 per share, with a total value of C$60,000.00. Insiders bought a total of 78,600 shares of company stock valued at $191,911 in the last ninety days. Insiders own 32.65% of the company’s stock.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.