What is the price-to-earnings ratio of Western Energy Services?
The price-earnings ratio of Western Energy Services is currently -13.2.
Western Energy Services P/E 2024
Western Energy Services P/E
-13.2
Ticker
WRG.TO
ISIN
CA9581593030
WKN
A1JB7N
As of Jul 5, 2024, Western Energy Services's P/E ratio was -13.2, a 11.58% change from the -11.83 P/E ratio recorded in the previous year.
The Western Energy Services P/E history
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.P/E Details
Deciphering Western Energy Services's P/E Ratio
The Price to Earnings (P/E) Ratio of Western Energy Services is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Western Energy Services's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Western Energy Services is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Western Energy Services’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Western Energy Services stock
How has the price-earnings ratio of Western Energy Services changed compared to last year?
The price-to-earnings ratio of Western Energy Services has increased by 11.58% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Western Energy Services high compared to other companies?
Yes, the price-to-earnings ratio of Western Energy Services is high compared to other companies.
How does an increase in the price-earnings ratio of Western Energy Services affect the company?
An increase in the price-earnings ratio of Western Energy Services would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Western Energy Services affect the company?
A decrease in the price-earnings ratio of Western Energy Services would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Western Energy Services?
Some factors that influence the price-earnings ratio of Western Energy Services are the company's growth, financial position, industry development, and the overall economic situation.
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 9.82 %. 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 9.82 %.
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.
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