Western Energy Services Stock

Western Energy Services Liabilities 2024

Western Energy Services Liabilities

149.56 M CAD

Ticker

WRG.TO

ISIN

CA9581593030

WKN

A1JB7N

In 2024, Western Energy Services's total liabilities amounted to 149.56 M CAD, a -14.59% difference from the 175.12 M CAD total liabilities in the previous year.

Western Energy Services Aktienanalyse

What does Western Energy Services do?

Western Energy Services Corp was founded in 1972 and is headquartered in Calgary, Canada. The company specializes in providing oilfield services for the oil and gas industry and offers a wide range of services. Its business model is based on collaborating with independent oil and gas companies, major oil corporations, and service companies. The company aims to offer customized solutions to its customers to improve productivity and reduce costs. It has various business divisions including drilling and production services, a workshop for machine repair and maintenance, and a digital solutions department for the oil and gas industry. The company provides drilling services for shale, natural gas, and oil fields, as well as manufacturing services for oil and gas pipelines and welding connections. Its workshop offers repair and maintenance services for machines used in the oil and gas industry, and its digital solutions department enables real-time data collection and analysis to enhance decision-making. Overall, Western Energy Services Corp is an experienced company specializing in high-quality oilfield services and aims to provide tailored solutions to its customers. With a dedicated team of engineers, technicians, and professionals, the company is committed to delivering excellent services and keeping up with the ever-changing and growing oil and gas industry. Western Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Western Energy Services's Liabilities

Western Energy Services's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Western Energy Services's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Western Energy Services's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Western Energy Services's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Western Energy Services’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Western Energy Services stock

What is the level of liabilities of Western Energy Services this year?

Western Energy Services has a debt balance of 149.56 M CAD this year.

What were the liabilities of Western Energy Services compared to the previous year?

The liabilities of Western Energy Services have increased by -14.59% dropped compared to the previous year.

What are the consequences of high debt for investors of Western Energy Services?

High liabilities can pose a risk for investors of Western Energy Services, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Western Energy Services?

Low liabilities mean that Western Energy Services has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Western Energy Services affect the company?

An increase in liabilities of Western Energy Services can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Western Energy Services affect the company?

A decrease in the liabilities of Western Energy Services can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Western Energy Services?

Some factors that can influence the liabilities of Western Energy Services include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Western Energy Services so important for investors?

The liabilities of Western Energy Services are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Western Energy Services take to modify the liabilities?

To change its liabilities, Western Energy Services can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Western Energy Services pay?

Over the past 12 months, Western Energy Services paid a dividend of 0.27 CAD . This corresponds to a dividend yield of about 10.38 %. For the coming 12 months, Western Energy Services is expected to pay a dividend of 0 CAD.

What is the dividend yield of Western Energy Services?

The current dividend yield of Western Energy Services is 10.38 %.

When does Western Energy Services pay dividends?

Western Energy Services pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Western Energy Services?

Western Energy Services paid dividends every year for the past 0 years.

What is the dividend of Western Energy Services?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Western Energy Services located?

Western Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Western Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Western Energy Services from 1/14/2016 amounting to 0.05 CAD, you needed to have the stock in your portfolio before the ex-date on 12/29/2015.

When did Western Energy Services pay the last dividend?

The last dividend was paid out on 1/14/2016.

What was the dividend of Western Energy Services in the year 2023?

In the year 2023, Western Energy Services distributed 0 CAD as dividends.

In which currency does Western Energy Services pay out the dividend?

The dividends of Western Energy Services are distributed in CAD.

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Andere Kennzahlen von Western Energy Services

Our stock analysis for Western Energy Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Western Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.