What is the ROCE (Return on Capital Employed) of Western Energy Services this year?
The ROCE of Western Energy Services is 0.01 undefined this year.
Western Energy Services ROCE 2024
Western Energy Services ROCE
0.01
Ticker
WRG.TO
ISIN
CA9581593030
WKN
A1JB7N
In 2024, Western Energy Services's return on capital employed (ROCE) was 0.01, a -233.48% increase from the -0.01 ROCE 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.ROCE Details
Unraveling Western Energy Services's Return on Capital Employed (ROCE)
Western Energy Services's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Western Energy Services's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Western Energy Services's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Western Energy Services’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Western Energy Services stock
How has the ROCE (Return on Capital Employed) of Western Energy Services developed compared to the previous year?
The ROCE of Western Energy Services has increased by -233.48% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Western Energy Services?
A high Return on Capital Employed (ROCE) indicates that Western Energy Services has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Western Energy Services?
A low ROCE (Return on Capital Employed) can indicate that Western Energy Services has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Western Energy Services impact the company?
An increase in the ROCE of Western Energy Services can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Western Energy Services affect the company?
A decrease in ROCE of Western Energy Services can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Western Energy Services?
Some factors that can affect Western Energy Services's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Western Energy Services so important for investors?
The ROCE of Western Energy Services is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Western Energy Services take to improve the ROCE?
To improve the ROCE, Western Energy Services can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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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