Western Energy Services Corporation operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Western Energy Services with three other
companies in this sector in CANADA :
AKITA Drilling Ltd.
(2019
sales of 175.89 million Canadian Dollars [US$138.50 million]
of which 51%
was Rig Lease Revenue),
Cathedral Energy Services Limited
(120.28 million Canadian Dollars [US$94.71 million]
), and
High Arctic Energy Services Incorporation
(185.50 million Canadian Dollars [US$146.06 million]
of which 50%
was Production Services).
Sales Analysis.
During the year ended December of 2019, sales at
Western Energy Services were C$196.41 million (US$154.65 million).
This
is
a
decrease of 16.9%
versus 2018, when the company's sales were C$236.41 million.
Contributing to the drop in overall sales was the 23.5% decline
in Contract Drilling, from C$183.94 million to C$140.77 million.
.
However, these declines were partially offset by the increase in sales of
Production Services (up 6.0% to C$55.87 million)
.