Source Energy Services Ltd

SHLE · TO · Energy / Oil & Gas Equipment & Services

10.07CAD-0.18 (-1.76%)

Price History

Full chart

Market Stats

Previous Close10.25

Open10.10

Day Range10.07 – 10.10

52-Week Range9.41 – 18.74

Volume451

Market Cap134.75M

P/E (TTM)0.00

Forward P/E9.13

EPS-0.97

Dividend Yield0.00%

Beta2.42

50-Day Avg11.44

200-Day Avg14.40

About

Source Energy Services Ltd., together with its subsidiaries, engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides logistics services, including trucking operations; and Sahara, a well-site mobile sand storage and handling system, as well as distributes bulk completion materials. The company was founded in 1998 and is headquartered in Calgary, Canada.

Company Details

SectorEnergy
IndustryOil & Gas Equipment & Services
CEOMr. Scott Melbourn
Employees556
Headquarters500, 438 - 11th Avenue SE, Calgary, AB, Canada, T2G 0Y4, Canada
Websitehttps://www.sourceenergyservices.com

Leadership

Mr. Scott MelbournPresident, CEO & Director · b. 1974
Mr. Derren J. Newell CAExecutive VP & CFO · b. 1969
Mr. Kurtis KisioVice President of Sales & Marketing · b. 1986
Mr. Shawn FurlongPresident of US Operations
Mr. Jarett FinneyPresident of Canadian Operations

Financials

Income Statement

Currency: CAD	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	146.51M	153.13M	139.20M	289.50M	415.03M	332.96M	249.88M	319.86M	415.91M	569.75M	673.95M	700.30M
Growth (%)	-	+4.52%	-9.10%	+107.97%	+43.36%	-19.77%	-24.95%	+28.01%	+30.03%	+36.99%	+18.29%	+3.91%
Cost of Revenue	100.11M	123.50M	131.30M	237.88M	346.01M	295.35M	225.22M	280.53M	357.77M	460.34M	546.61M	606.45M
Gross Profit	46.39M	29.64M	7.90M	51.62M	69.02M	37.61M	24.66M	39.33M	58.15M	109.41M	127.34M	93.86M
Gross Margin	31.66%	19.35%	5.68%	17.83%	16.63%	11.30%	9.87%	12.30%	13.98%	19.20%	18.89%	13.40%
Operating Expense	22.06M	23.86M	30.24M	31.07M	45.33M	48.76M	34.59M	35.67M	40.66M	48.71M	62.05M	44.69M
Operating Income	24.33M	5.78M	-22.34M	20.55M	23.68M	-11.15M	-9.94M	3.66M	17.48M	60.70M	65.29M	49.17M
Operating Margin	16.61%	3.78%	-16.05%	7.10%	5.71%	-3.35%	-3.98%	1.14%	4.20%	10.65%	9.69%	7.02%
EBITDA	30.84M	15.70M	-10.01M	35.74M	51.55M	-27.58M	-78.38M	36.89M	55.76M	223.89M	102.69M	114.57M
EBITDA Margin	21.05%	10.26%	-7.19%	12.34%	12.42%	-8.28%	-31.37%	11.53%	13.41%	39.30%	15.24%	16.36%
Net Income	17.04M	-9.77M	-43.40M	-8.52M	-2.21M	-89.95M	-185.47M	-56.11M	-2.93M	167.34M	9.51M	33.08M
Net Income Margin	11.63%	-6.38%	-31.18%	-2.94%	-0.53%	-27.02%	-74.22%	-17.54%	-0.70%	29.37%	1.41%	4.72%
Interest Expense	8.84M	12.09M	16.40M	25.37M	20.57M	27.75M	29.18M	29.67M	32.27M	34.41M	34.28M	30.05M
Interest Expense % of Total Revenue	6.04%	7.90%	11.78%	8.76%	4.96%	8.33%	11.68%	9.28%	7.76%	6.04%	5.09%	4.29%

Balance Sheet

Currency: CAD	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	194.79M	231.11M	219.41M	467.96M	520.34M	496.67M	266.26M	266.03M	326.90M	482.83M	598.22M	617.13M
Total Liabilities	195.95M	235.95M	278.63M	185.77M	215.68M	297.36M	233.57M	259.50M	321.24M	313.70M	408.35M	408.24M
Total Equity	-1.16M	-4.84M	-59.22M	282.67M	305.80M	201.88M	32.69M	6.53M	5.66M	169.13M	189.87M	208.90M
Cash	3.20M	276.00K	0	0	4.57M	-60.02M	-42.33M	-38.44M	-68.42M	0	32.72M	19.90M
Total Debt	79.88M	180.82M	236.23M	129.26M	148.50M	238.87M	189.61M	221.47M	244.94M	221.78M	274.87M	277.25M
Net Debt	76.68M	110.15M	161.12M	129.26M	143.93M	298.89M	231.94M	259.90M	313.36M	221.78M	242.15M	257.35M

Cash Flow

Currency: CAD	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-7.88M	23.62M	-9.45M	6.48M	75.84M	35.78M	39.37M	14.01M	80.17M	80.24M	94.39M	90.61M
Investing Cash Flow	-37.62M	-35.46M	-10.47M	-214.37M	-69.32M	-19.64M	-4.96M	-6.00M	-13.90M	-13.20M	-27.06M	-59.35M
Financing Cash Flow	46.17M	10.97M	20.12M	207.89M	-1.95M	-20.72M	-34.41M	-8.01M	-66.28M	-67.04M	-34.61M	-43.25M
Capital Expenditure	45.39M	38.90M	6.41M	50.52M	67.98M	19.67M	3.68M	6.52M	15.17M	22.11M	43.32M	59.85M
Free Cash Flow	-53.27M	-15.28M	-15.86M	-44.04M	7.86M	16.11M	35.69M	7.49M	65.01M	28.98M	51.06M	30.76M
Dividends Paid	1.87M	1.87M	5.09M	0	1.30M	1.60M	1.60M	0	0	0	0	0
FCF to OCF	675.87%	-64.67%	167.76%	-679.79%	10.36%	45.03%	90.65%	53.49%	81.08%	36.12%	54.10%	33.95%
Dividend Paid to FCF	-3.51%	-12.25%	-32.12%	0.00%	16.55%	9.93%	4.48%	0.00%	0.00%	0.00%	0.00%	0.00%

Earnings

Report Date	May 15, 2017	Aug 1, 2017	Nov 13, 2017	Mar 14, 2018	May 1, 2018	Jul 31, 2018	Oct 30, 2018	Mar 14, 2019	Apr 30, 2019	Aug 1, 2019	Nov 7, 2019	Mar 4, 2020	Jun 29, 2020	Jul 29, 2020	Oct 28, 2020	Mar 18, 2021	May 5, 2021	Jul 28, 2021	Nov 4, 2021	Mar 8, 2022	May 5, 2022	Jul 27, 2022	Nov 8, 2022	Mar 7, 2023	May 4, 2023	Aug 1, 2023	Nov 7, 2023	Mar 6, 2024	May 9, 2024	Aug 1, 2024	Nov 6, 2024	Mar 4, 2025	May 8, 2025	Jul 30, 2025	Nov 6, 2025	Feb 26, 2026	May 7, 2026	Jul 29, 2026	Nov 5, 2026
EPS Estimate	-0.04	-0.98	1.07	1.18	1.29	1.75	0.98	-1.55	-0.41	-1.58	-1.26	-1.61	-0.96	-2.64	-2.52	-	-0.23	-0.53	0.01	-0.51	-0.61	-0.17	0.01	-0.88	0.56	0.23	0.19	0.37	0.57	0.70	0.85	0.35	0.76	0.65	0.09	0.32	0.56	0.17	0.57
EPS Actual	-2.57	-2.88	0.72	0.12	0.99	1.80	0.11	-2.64	-1.44	-3.72	-1.08	-1.77	-36.96	-3.12	-1.56	4.79	-0.40	-0.06	-0.26	-0.98	-0.49	0.31	0.38	-0.84	0.58	0.20	0.28	1.57	0.27	0.26	0.69	-0.27	0.75	0.58	-0.19	0.13	-0.25	-0.37	-
Surprise	-6325.00%	-193.88%	-32.71%	-89.83%	-23.26%	2.86%	-88.78%	-70.32%	-251.22%	-135.44%	14.29%	-9.94%	-3750.00%	-18.18%	38.10%	-	-73.91%	88.68%	-2700.00%	-92.16%	19.67%	282.35%	3700.00%	4.55%	3.57%	-13.04%	47.37%	324.32%	-52.63%	-62.86%	-18.82%	-177.11%	-1.32%	-10.77%	-311.11%	-59.38%	-145.02%	-317.65%	-
Timing	Pre-market	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap134.75M

Enterprise Value418.90M

Trailing P/E0.00

Forward P/E9.13

Price / Sales0.23

Price / Book0.64

EPS-0.97

Book Value15.53

Revenue (TTM)587.19M

Gross Profit (TTM)82.43M

EBITDA45.19M

Profit Margin-2.21%

Operating Margin-1.05%

Return on Equity-6.21%

Return on Assets1.09%

Shares Outstanding13.01M

Shares Float11.99M

Beta2.42

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

Jan 5, 20211:12