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.
sales of 119.66 million Canadian Dollars [US$94.60 million]
of which 52%
was Contract Drilling Services),
Cathedral Energy Services Limited
(40.57 million Canadian Dollars [US$32.07 million]
High Arctic Energy Services Incorporation
(90.80 million Canadian Dollars [US$71.78 million]
of which 64%
was Production Services).
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Western Energy Services totalled
an increase of 88.7%
from the C$10.80 million in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the second
quarter of 2017.
During the first two
quarters of 2021, sales totalled C$57.36 million, which is
than through the first two quarters of 2020.
During the year ended December of 2020, sales at
Western Energy Services were C$103.68 million (US$81.96 million).
decrease of 47.2%
versus 2019, when the company's sales were C$196.41 million.
Contributing to the drop in overall sales was the 56.0% decline
in Contract Drilling, from C$140.77 million to C$61.99 million.
There were also decreases in sales in
Production Services (down 24.7% to C$42.07 million)