What is Atb Cap Markets’ Forecast for TSE:WRG Q2 Earnings?

Western Energy Services Corp. (TSE:WRG) – Investment analysts at Atb Cap Markets raised their Q2 2025 earnings per share estimates for shares of Western Energy Services in a research report issued to clients and investors on Thursday, February 27th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings per share of ($0.06) for the quarter, up from their prior forecast of ($0.10). Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Western Energy Services’ current full-year earnings is $0.15 per share. Atb Cap Markets also issued estimates for Western Energy Services’ Q3 2025 earnings at ($0.02) EPS, FY2025 earnings at $0.06 EPS, FY2026 earnings at $0.13 EPS and FY2027 earnings at $0.18 EPS.

Separately, ATB Capital set a C$3.25 target price on shares of Western Energy Services and gave the stock a “sector perform” rating in a research note on Wednesday, January 15th.

Western Energy Services Price Performance

WRG stock opened at C$2.34 on Monday. The business has a 50 day simple moving average of C$2.60 and a 200-day simple moving average of C$2.71. Western Energy Services has a twelve month low of C$2.34 and a twelve month high of C$3.31. The company has a market capitalization of C$79.19 million, a P/E ratio of -11.14, a PEG ratio of 0.09 and a beta of 1.49. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 37.49.

Insider Transactions at Western Energy Services

In related news, insider Sime Armoyan acquired 13,100 shares of Western Energy Services stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average price of C$2.35 per share, for a total transaction of C$30,785.00. In the last quarter, insiders bought 78,800 shares of company stock worth $192,381. Company insiders own 32.65% of the company’s stock.

Western Energy Services Company Profile

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.