3.71
+4.51%
Close of 6 Nov 2026, in CAD
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About Western Energy Services
Its shares trade on Toronto Stock Exchange under the ticker WRG.TO. It has been listed since 10 December 1996.
Western Energy Services Corp. is an oilfield service company, which engages in the provision of contract drilling services. The company is headquartered in Calgary, Alberta. The firm is focused on three core business lines: contract drilling, well servicing and oilfield rental equipment services. The company operates in the oilfield service industry through its contract drilling segment in Canada and the United States, and through its production services segment in Canada. The Contract drilling segment includes drilling rigs along with related ancillary equipment and provides services to oil and natural gas exploration and production companies. The Production services includes well servicing rigs and related equipment, as well as oilfield rental equipment and provides services to oil and natural gas exploration and production companies and in the case of oilfield rental equipment, to other oilfield service companies as well. The company provides contract drilling services through its division, Horizon Drilling in Canada, and its subsidiary, Stoneham Drilling Corporation, in the United States.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 10 Dec 1996
- Employees
- 460
- Website
- wesc.ca ↗
Leadership
Pay as last reported
- Mr. Ronald MathisonIndependent Chairman of the BoardC$101,957
- Mr. Gavin LanePresident, Chief Executive OfficerC$468,137
- Ms. Chantel CalanciaInterim Chief Financial Officer
- Mr. Orson RossChief Financial Officer
- Ms. April WilliamsVice President - Human Resources
- Mr. Trent BoehmIndependent DirectorC$91,957
- Ms. Colleen CebuliakIndependent DirectorC$81,957
- Mr. Tomer CohenIndependent DirectorC$91,957
- Mr. Lorne GartnerIndependent DirectorC$81,957
- Mr. John RooneyIndependent DirectorC$96,957
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Horizon Drilling provides contract drilling services in Canada with 460 employees.
- Stoneham Drilling Corporation operates in the U.S. contract drilling segment.
- Western Energy Services Corp. focuses on three core business lines: drilling, well servicing, and rental equipment.
Weaknesses
- The company operates only in Canada and the United States, limiting global reach.
- Contract drilling services are highly dependent on oil and gas exploration budgets.
- The firm has no mention of diversification beyond oilfield services.
Opportunities
- Expanding well servicing services in Canada's oil and gas production regions.
- Growing demand for oilfield rental equipment in North America.
- Increasing contract drilling activities in the U.S. market.
Threats
- Fluctuations in oil prices impact drilling service demand.
- Regulatory changes in the Canadian oil and gas sector.
- Competition from other oilfield service providers in North America.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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