Western Energy Financials

WEEEF Stock  USD 2.01  0.01  0.50%   
We strongly advise to harness analysis of Western Energy Services fundamentals to see if markets are presently mispricing the firm. We were able to analyze and collect data for twenty-nine available indicators for Western Energy Services, which can be compared to its rivals. To ensure the equity is not overpriced, please check out all Western Energy Services financials, including its debt to equity, beta, and the relationship between the cash and equivalents and cash flow from operations . Please also validate Western Energy Services shares owned by institutions to confirm the company can sustain itself down the road. The stock experiences a moderate downward daily trend which may be unreasonably hyped up. Check odds of Western Energy to be traded at $1.9698 in 90 days.
With this module, you can analyze Western financials for your investing period. You should be able to track the changes in Western Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Western Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Western Energy's assets may result in an increase in income on the income statement.
Evaluating Western Energy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Western Energy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Western Energy's relative financial performance

Chance Of Distress

Over 66

 
100  
 
Zero
Quite High
Western Energy Services has more than 66 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Western Energy pink sheet is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Western Energy's odds of distress score SHOULD NOT be confused with the real chance of Western Energy Services filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Western is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Western Energy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Western Energy's official financial statements usually reflect Western Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Western Energy Services. For example, before you start analyzing numbers published by Western accountants, it's critical to develop an understanding of what Western Energy's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Western Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Western Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Western Energy Services. Please utilize our Beneish M Score to check the likelihood of Western Energy's management manipulating its earnings.

Western Energy Company Summary

Western Energy competes with KB Financial, POSCO Holdings, Berkshire Hathaway, Hyundai, and Berkshire Hathaway. Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Western Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 566 people.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address215 9th Avenue
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.wesc.ca
Phone403 984 5916
CurrencyUSD - US Dollar
You should never invest in Western Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Western Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Western Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Western Energy Key Financial Ratios

Generally speaking, Western Energy's financial ratios allow both analysts and investors to convert raw data from Western Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Western Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Western Energy Services reports annually and quarterly.

Western Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Western Energy's current stock value. Our valuation model uses many indicators to compare Western Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Energy competition to find correlations between indicators driving Western Energy's intrinsic value. More Info.
Western Energy Services is rated first in cash flow from operations category among related companies. It is rated first in market capitalization category among related companies creating about  4.95  of Market Capitalization per Cash Flow From Operations. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Energy's Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Energy's earnings, one of the primary drivers of an investment's value.

Western Energy Services Systematic Risk

Western Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Western Energy Services correlated with the market. If Beta is less than 0 Western Energy generally moves in the opposite direction as compared to the market. If Western Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Energy Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Energy is generally in the same direction as the market. If Beta > 1 Western Energy moves generally in the same direction as, but more than the movement of the benchmark.

About Western Energy Financials

What exactly are Western Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Western Energy's income statement, its balance sheet, and the statement of cash flows. Potential Western Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Western Energy investors may use each financial statement separately, they are all related. The changes in Western Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Western Energy Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Western Energy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Western has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Western Energy's financials are consistent with your investment objective using the following steps:
  • Review Western Energy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Western Energy's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Western Energy's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Western Energy's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Western Energy March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Western Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing Western Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Energy's daily price indicators and compare them against related drivers.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Western Energy Services information on this page should be used as a complementary analysis to other Western Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Western Energy's price analysis, check to measure Western Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Energy is operating at the current time. Most of Western Energy's value examination focuses on studying past and present price action to predict the probability of Western Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Energy's price. Additionally, you may evaluate how the addition of Western Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Western Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.