TSX-V

Westgate Energy Inc.

WGT.V•Energy•Oil & Gas Drilling
Current Price
$0.20
Today's Change
+0.00%
Market Cap
$21.37M
Volume
68.03K
🛢️

Commodity Exposure

Crude Oil

Current Price
$102.30/barrel
+2.85% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Westgate Energy Inc. focuses on the exploration, development, and production of oil and natural gas in Western Canada. While it boasts a strong gross margin of 56.5% and an EBITDA margin of 22.9%, the company faces significant concerns with a negative net margin of -14.8% and a high debt-to-equity ratio of 9.28, indicating potential financial instability. Additionally, the low current and quick ratios (0.31 and 0.29, respectively) suggest liquidity challenges. Overall, the high margins contrast with its low market valuation, raising questions about sustainability and growth prospects.

Based on 28 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.42
52 Week Low$0.18
Avg Volume134.07K
Beta0.91
Shares Outstanding106.86M

🔥 Valuation

Market Cap$21.37M
Enterprise Value$31.66M
P/E RatioN/A
EV/EBITDA ⚠️130.65x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-12.4M over the last year, representing 105.5% of revenue.

🟠

High Debt Load

Debt of $16.0M is 23.0x the company's cash position of $697K.

🟡

Margin Pressure

Gross profit margin decreased from 52.4% to 46.6% compared to last year.

🌟 Opportunities

🚀

Exceptional revenue growth of 179.2% YoY demonstrates strong market demand and competitive positioning.

🚀

Operating margin expanded by 54.6pp, demonstrating strong operational leverage.

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