Western Services Ret. on equity
What is the Ret. on equity of Western Services?
The Ret. on equity of Western Energy Services Corp. is -2.51%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Energy sector on TSX compared to Western Services
What does Western Services do?
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 to contracts with exploration and production companies. The Production Services segment offers well servicing rig and related equipment services, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 66 service rigs. It serves crude oil and natural gas exploration and production companies. The company is headquartered in Calgary, Canada.
Companies with ret. on equity similar to Western Services
- Forward Pharma A/S has Ret. on equity of -2.53%
- Tesoro Resources has Ret. on equity of -2.53%
- Silver Mines has Ret. on equity of -2.53%
- Cartier Resources has Ret. on equity of -2.53%
- GORE German Office Real Estate AG has Ret. on equity of -2.53%
- Oncodesign SA has Ret. on equity of -2.52%
- Western Services has Ret. on equity of -2.51%
- Porwal Auto Components has Ret. on equity of -2.50%
- Turtle Beach Corp has Ret. on equity of -2.50%
- Forward Fashion (Intl) Hldg has Ret. on equity of -2.49%
- Prism Medico and Pharmacy has Ret. on equity of -2.49%
- RENHENG Enterprise has Ret. on equity of -2.48%
- BGIL Films & Technologies has Ret. on equity of -2.48%