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Westgate Energy Inc.

Company price
0.155 CAD -0.03 ( 13.89%)
Last update at 2026-11-04T20:23:00Z
VOLUME
167109
Market Cap
18.05M

Momentum Score

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Westgate Energy Inc. engages in the exploration, development, and production of oil and natural gas in Western Canada. The company operates Killam Property. It also holds a 100% working interest in six sections of mineral rights covering area of 1,536 hectares located in the Cold Lake Oil Sands Area, Alberta. In addition, the company focuses on Mannville Stack fairway located in East-Central Alberta and West-Central Saskatchewan. Westgate Energy Inc. is headquartered in Calgary, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.15
Low
0.17
High
52 Week Price Range
0.10
Low
0.33
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Westgate Energy Inc. (WGT.V) is limited, with few current corporate disclosures available. As an energy issuer, long-term growth likely depends on developing or acquiring assets, execution of exploration/production and commodity prices; investors may see small-cap upstream upside if projects advance and funding is obtained.
Key risks are limited disclosure, high execution and financing risk typical of small-cap energy firms and sensitivity to commodity prices and regulatory delays.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.18
Dividend Yield
-
Revenue TTM
4.64M
Revenue Per Share
0.08
Gross Profit TTM
1.97M
Debt / Equity
-
ROE
-81.78%
Net Debt
0.01M
ROCE
-24.37%
Diluted EPS TTM
-0.12

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31
Type yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31
Income before tax -3.04M -1.72M -1.72M
Net income -3.04M -1.72M -1.72M
Selling general administrative 2.36M 1.46M 1.46M
Gross profit 2.02M 0.72M 0.72M
Reconciled depreciation 1.14M 0.30M 0.30M
Operating income -3.43M -1.67M -1.67M
Interest expense 0.00M 0.10M 0.10M
Interest income 0.18M 0.16M 0.16M
Net interest income 0.18M -0.11M -0.11M
Total revenue 3.57M 1.20M 1.20M
Total operating expenses 7.00M 2.87M 2.87M
Cost of revenue 1.55M 0.48M 0.48M
Total other income expense net 0.20M 0.06M 0.06M
Net income from continuing ops -3.04M -1.72M -1.72M
Breakdown 2024-12-31 2023-12-31 2022-12-31
Type yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31
Total assets 15.45M 10.76M 0.36M
Total liab 4.64M 4.53M 0.37M
Total stockholder equity 10.81M 6.24M -0.02M
Other current liab 0.08M - -
Capital stock 14.10M 7.97M 0.00M
Retained earnings -4.78M -1.74M -0.02M
Cash 0.74M 3.68M 0.08M
Total current liabilities 1.40M 1.69M 0.22M
Net debt - - 0.01M
Short long term debt - - 0.09M
Total current assets 1.53M 4.15M 0.17M
Net receivables 0.35M 0.17M 0.01M
Inventory 0.05M 0.04M 0.00M
Non currrent assets other 0.50M - -
Non current assets total 13.93M 6.61M 0.19M
Breakdown 2024-12-31 2023-12-31 2022-12-31
Type yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31
Net borrowings 0.00M 1.86M 1.86M
Total cash from financing activities 6.88M 7.67M 7.67M
Net income -3.04M -1.72M -1.72M
Change in cash -2.43M 3.59M 3.59M
Begin period cash flow 3.68M 0.08M 0.08M
End period cash flow 1.24M 3.68M 3.68M
Total cash from operating activities -0.80M -1.26M -1.26M
Issuance of capital stock 7.04M 6.32M 6.32M
Change to inventory - -0.04M 0.00M
Change to account receivables - -0.32M -0.06M
Capital expenditures 4.99M 4.10M 4.10M
Change in working capital 0.37M 1.17M -0.11M
Stock based compensation 0.13M - 0.00M
Other non cash items 0.60M -0.96M 0.27M
Free cash flow -5.79M -5.36M -5.36M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Drilling

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
WGT
Westgate Energy Inc.
-0.03
13.89%
0.15 - - 3.89 2.90 4.46
SDI
Stampede Drilling Inc
-0.01
6.25%
0.23 10.50 10.50 0.58 0.45 0.89

Profile*

Westgate Energy Inc.

Westgate Energy Inc. engages in the exploration, development, and production of oil and natural gas in Western Canada. The company operates Killam Property. It also holds a 100% working interest in six sections of mineral rights covering area of 1,536 hectares located in the Cold Lake Oil Sands Area, Alberta. In addition, the company focuses on Mannville Stack fairway located in East-Central Alberta and West-Central Saskatchewan. Westgate Energy Inc. is headquartered in Calgary, Canada.

2020 4th Street SW, Calgary, AB, Canada, T2S 1W3

866-634-4788

Name Title Year Born
Mr. Richard A. Grafton Executive Chairman 1953
Mr. Daniel Curt Brown CEO & Director 1958
Mr. Nicholas Grafton CFO & Corporate Secretary 1984
Mr. Jordan Kevol Chief Operating Officer 1982
Mr. Richard A. Grafton Founder & Executive Chairman 1953
Mr. Dale C. J. Mennis Vice President of Corporate Development NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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