Toronto Stock Exchange · Energy
Invest in Western Energy Services stock from India
Indian and foreign residents can buy Western Energy Services (WRG) shares directly through Paasa.
By Paasa · Updated
Western Energy Services at a glance
- Price
- CA$3.26-CA$0.22 (6.32%)
- Market cap
- CA$110.35M
- Day range
- CA$3.26 – CA$3.40
- P/E
- -4.24
- Dividend yield
- None
- Volume
- 10.10K
- 1 month
- +4.49%
- 6 months
- +2.19%
- YTD
- +55.98%
- 1 year
- +51.63%
- 5 years
- -92.24%
Western Energy Services statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$217.5M | CA$223.1M | CA$233.5M | CA$200.3M | CA$131.7M |
| Gross profit | CA$23.3M | CA$182.0M | CA$21.8M | CA$160.2M | CA$89.7M |
| Operating income | CA$7.9M | CA$377.0K | CA$2.8M | −CA$2.2M | −CA$19.4M |
| Net income | −CA$26.0M | −CA$7.2M | −CA$7.2M | CA$29.0M | −CA$35.8M |
| Earnings per share | −CA$0.77 | −CA$0.21 | −CA$0.21 | CA$0.86 | −CA$4.18 |
| EBITDA | CA$21.6M | CA$42.6M | CA$45.3M | CA$37.9M | CA$22.4M |
| Total assets | CA$378.6M | CA$431.0M | CA$442.9M | CA$475.7M | CA$456.0M |
| Total debt | CA$86.6M | CA$98.7M | CA$115.2M | CA$131.7M | CA$240.4M |
| Cash and short-term investments | CA$2.7M | CA$3.8M | CA$6.3M | CA$8.9M | CA$7.5M |
| Shareholders' equity | CA$263.2M | CA$293.6M | CA$293.4M | CA$300.6M | CA$184.5M |
| Operating cash flow | CA$32.0M | CA$46.8M | CA$51.4M | CA$28.5M | CA$16.6M |
| Free cash flow | CA$10.3M | CA$25.2M | CA$28.7M | −CA$5.7M | CA$9.8M |
| Capital expenditure | −CA$21.7M | −CA$21.6M | −CA$22.6M | −CA$34.2M | −CA$6.9M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Arrow Exploration | AXL.V | CA$0.68 | CA$194.39M |
| AKITA Drilling | AKT-A.TO | CA$3.41 | CA$125.37M |
| New Stratus Energy | NSE.V | CA$0.75 | CA$101.60M |
| Africa Energy | AFE.V | CA$0.20 | CA$95.83M |
| F3 Uranium | FUU.V | CA$0.13 | CA$82.14M |
| McCoy Global | MCB.TO | CA$2.28 | CA$61.90M |
| Canacol Energy | CNE.TO | CA$1.53 | CA$52.20M |
| Touchstone Exploration | TXP.TO | CA$0.18 | CA$51.33M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Western Energy Services from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search WRG and buy
Find Western Energy Services by name or by its ticker, WRG, and place your order.
Why invest in Western Energy Services from India
What Western Energy Services does
Western Energy Services Corp. operates as an oilfield services provider across Canada and the United States. The company structures its operations into two primary divisions: Contract Drilling and Production Services. Western Energy Services operates in the Oil & Gas Drilling industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Western Energy Services stock from India?
Yes. Indian residents and NRIs can buy Western Energy Services (WRG) shares directly through Paasa. Western Energy Services is listed on the Toronto Stock Exchange, in the Oil & Gas Drilling industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Western Energy Services shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.