Western Services Profit margin
What is the Profit margin of Western Services?
The Profit margin of Western Energy Services Corp. is -3.09%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin 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 profit margin similar to Western Services
- Grupo Supervielle S.A has Profit margin of -3.12%
- Holders Technology plc has Profit margin of -3.11%
- Rite Aid has Profit margin of -3.11%
- Rane Engine Valve has Profit margin of -3.10%
- National Vision Inc has Profit margin of -3.10%
- Universe plc has Profit margin of -3.09%
- Western Services has Profit margin of -3.09%
- SEM has Profit margin of -3.08%
- West Fraser Timber Co has Profit margin of -3.08%
- Goodtech ASA has Profit margin of -3.07%
- NexJ Systems has Profit margin of -3.07%
- Khoon has Profit margin of -3.06%
- Willamette Valley Vineyard has Profit margin of -3.06%