Western Energy Services Corp. delivered a positive surprise in its latest earnings report, showcasing resilience in a challenging energy market.
Recent earnings trend
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Western Energy Services Corp.
WRG.TO
WRG.TO
Western Energy Services Corp.
WealthAwesomeMarket cap
$115.09M
52W high
$3.68
52W low
$2.01
1W change
+1.49%
Beta
0.50
Analyst Price Targets
Based on analyst covering WRG
Wall Street analysts forecast WRG stock price to rise 2.9% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.50
+2.9% Upside
Current Price
C$3.40
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WRG's historical volatility
30-Day Vol
36.4%
Annualized
90-Day Vol
48.8%
Annualized
Trend (90d)
+40.2%
Annualized drift
90d Mean
C$3.92
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.57 | C$3.15 – C$4.04 |
| 60 trading days | C$3.74 | C$3.13 – C$4.47 |
| 90 trading days | C$3.92 | C$3.16 – C$4.88 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-20 | — | 0.0300 | — |
| 2026-06-30 | 2026-07-28 | -0.1200 | -0.1400 | +14.3% |
| 2026-03-31 | 2026-04-28 | 0.0500 | 0.0400 | +25.0% |
| 2025-12-31 | 2026-02-25 | 0.0700 | 0.0200 | +250.0% |
| 2025-09-30 | 2025-10-21 | -0.0700 | -0.0500 | -40.0% |
| 2025-06-30 | 2025-07-22 | -0.1400 | -0.0900 | -55.6% |
On July 28, 2026, Western Energy Services Corp. (WRG.TO) reported its fiscal Q2 2026 earnings, revealing an EPS of -0.12, which was better than the analyst expectations of -0.14. This marks the third consecutive quarter where the company has outperformed analyst estimates, showing a positive trend despite fluctuating energy prices.
Investor takeaway: Investors should note Western Energy's consistent ability to beat EPS estimates, indicating potential operational improvements. However, the company's negative EPS remains a concern against the backdrop of industry challenges.
EPS Surprises: +14.29%
Western Energy Services Corp. has consistently beaten EPS estimates in three of the last four quarters, indicating strong operational performance relative to market expectations.
Bull case
The company's recent ability to exceed EPS estimates suggests effective management strategies and potential for revenue growth as energy demand stabilizes. With a revenue consensus of $43 million for the upcoming quarter, a 7.5% increase year-over-year could signal a recovery in the sector.
Bear case
Despite the earnings beat, Western Energy's negative EPS and profit margin of -12.80% reflect ongoing challenges. The energy sector's volatility and potential regulatory changes could also impact future performance.
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Earnings Overview
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Revenue and Margins
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Analyst Targets
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Wealth Awesome Price Forecast
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Wealth Awesome
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