View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsSTEP Energy Services 배당 및 자사주 매입배당 기준 점검 0/6STEP Energy Services 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률0.9%자사주 매입 수익률총 주주 수익률0.9%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Dec 17ARC Energy Fund 8, managed by ARC Financial Corp., completed the acquisition of the remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP).ARC Energy Fund 8, managed by ARC Financial Corp., made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) from Gundyco ITF MMCAP International, Inc. SPC, Groundlayer Capital Inc., and Xib International Master Fund and XIB Arbitrage Master Fund, managed by XIB Asset Management Inc., for approximately CAD 190 million on September 25, 2025. ARC Energy Fund 8 managed by ARC Financial Corp. entered into a definitive arrangement agreement to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million on October 17, 2025. Under the terms of the Arrangement Agreement, ARC will acquire all of the issued and outstanding common shares of STEP that does not currently own or control or direct, directly or indirectly for cash consideration of CAD 5.50 per Share by way of a plan of arrangement. Upon completion, ARC Financial Corp. will own 100% stake in STEP Energy Services Ltd. STEP also announces that it has received from ARC a copy of a signed voting support agreement among the limited partnerships comprising ARC Energy Fund 8, 2659160 Alberta Ltd. and MMCAP International Inc. SPC relating to the Offer. The Board of Directors of STEP Energy Services Ltd. formed a special committee for the transaction consists of independent directors Edward LaFehr , James Harbilas and Rachel Moore. On October 8, 2025, ARC Energy Fund 8 entered into voting support agreements with funds advised by XIB Asset Management Inc. The Arrangement, which has been unanimously approved by the members of STEP’s board of directors entitled to vote thereon, will be subject to shareholder approval, including the approval of the holders of the Minority Shares, customary TSX and court approval, and customary closing conditions. Upon the successful completion of this transaction it is expected that the Company’s shares will be delisted from trading on the TSX and STEP would cease to be a reporting issuer. Closing of the Arrangement is expected to occur on or about December 16, 2025. Stikeman Elliott LLP acted as legal advisor for STEP Energy Services Ltd. Peters & Co., Limited acted as financial advisor, Ernst & Young LLP (Canada) acted as fairness opinion provider, and Burnet, Duckworth & Palmer LLP acted as legal advisor for special committee. RBC Capital Markets Inc. and ATB Capital Markets Inc. acted as financial advisor and Norton Rose Fulbright Canada LLP acted as legal advisor for ARC Financial Corp. ARC Energy Fund 8, managed by ARC Financial Corp., completed the acquisition of the remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) on December 16, 2025. It is expected that the shares of STEP will be delisted from the TSX as of the close of business on or about December 17, 2025.공시 • Nov 05STEP Energy Services Ltd. to Report Q3, 2025 Results on Nov 05, 2025STEP Energy Services Ltd. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025공시 • Sep 27Unknown funds managed by ARC Financial Corp. made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million.Unknown funds managed by ARC Financial Corp. made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million on September 25, 2025. Upon completion, ARC Financial Corp. will own 100% stake in STEP Energy Services Ltd. STEP also announces that it has received from ARC a copy of a signed voting support agreement among the limited partnerships comprising ARC Energy Fund 8, 2659160 Alberta Ltd. and MMCAP International Inc. SPC relating to the Offer. The Board of Directors of STEP Energy Services Ltd. formed a special committee for the transaction consists of independent directors Edward LaFehr , James Harbilas and Rachel Moore. Stikeman Elliott LLP acted as legal advisor for STEP Energy Services Ltd. Peters & Co., Limited acted as financial advisor and Burnet, Duckworth & Palmer LLP acted as legal advisor to special committee.공시 • Jul 06STEP Energy Services Ltd. to Report Q2, 2025 Results on Aug 06, 2025STEP Energy Services Ltd. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025공시 • Jun 08STEP Energy Services Ltd. Approves Board and Committee ChangesSTEP Energy Services Ltd. at its AGM held on June 4, 2025, approved the appointment of Jacqueline Forrest, Jeremy W. Gackle and Michael Kelly as directors. In a meeting of STEP's board of directors that occurred immediately after the 2025 annual general meeting, Mr. Jeremy Gackle was appointed chair of STEP's board of directors, and Mr. Edward LaFehr was appointed its lead director by STEP's independent directors. The board announced the composition of the board committees, and each committee chair, as: Audit Committee: James Harbilas (chair), Michael Kelly, Rachel Moore. Compensation and Corporate Governance Committee: Rachel Moore (chair), Jeremy Gackle, James Harbilas. Health, Safety and Environment Committee: Edward LaFehr (chair), Jacqueline Forrest, Stephen Glanville.공시 • Apr 17STEP Energy Services Ltd. to Report Q1, 2025 Results on May 14, 2025STEP Energy Services Ltd. announced that they will report Q1, 2025 results After-Market on May 14, 2025공시 • Mar 25STEP Energy Services Ltd., Annual General Meeting, Jun 04, 2025STEP Energy Services Ltd., Annual General Meeting, Jun 04, 2025.공시 • Feb 07STEP Energy Services Ltd. to Report Q4, 2024 Results on Mar 11, 2025STEP Energy Services Ltd. announced that they will report Q4, 2024 results After-Market on Mar 11, 2025공시 • Nov 06STEP Energy Services Expects to Delist from Trading on the TSXSTEP Energy Services Ltd. ('STEP' or the 'Company') (TSX: STEP) announced that it has entered into a definitive arrangement agreement (the 'Arrangement Agreement') with 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) (collectively, 'ARC') to take the Company private in an all-cash transaction. The Arrangement is expected to close in December 2024. The STEP Meeting is expected to be held on December 19, 2024. Following completion of the Arrangement, it is expected that the Shares will be delisted from trading on the TSX and an application will be made for STEP to cease to be a reporting issuer.공시 • Nov 05ARC Energy Fund 8 a fund manage by ARC Financial Corp. agreed to acquire remaining 43.93% stake in STEP Energy Services Ltd. (TSX:STEP) in a going private transaction for CAD 180 million.ARC Energy Fund 8 a fund manage by ARC Financial Corp. agreed to acquire remaining 43.93% stake in STEP Energy Services Ltd. (TSX:STEP) in a going private transaction for CAD 180 million on November 4, 20224. Under the terms of the agreement, ARC will acquire all of the issued and outstanding common shares of STEP that ARC (and ARC Energy Fund 6) does not currently own or control or direct, directly or indirectly, for cash consideration of CAD 5 per Share by way of a plan of arrangement. Following completion of the Arrangement, it is expected that the Shares will be delisted from trading on the TSX and an application will be made for STEP to cease to be a reporting issuer. STEP will continue to be run by its current management team, led by Mr. Steve Glanville. ATB Financial and Royal Bank of Canada are acting as co-lead arrangers and sole lenders (the “Co-Leads”) for a senior credit facility. The transaction has been unanimously approved by STEP’s board of directors entitled to vote thereon, will be subject to shareholder approval, including the approval of the holders of the Minority Shares, court approval, and customary closing conditions. The transaction is expected to close in December 2024. Peters & Co. Limited acted as financial advisor to the Special Committee of STEP. EY provided fairness opinion to the Special Committee of STEP. Burnet, Duckworth & Palmer LLP acted as legal advisor to the Special Committee of STEP. Stikeman Elliot LLP acted as legal advisor to STEP. RBC Capital Markets acted as lead financial advisor and ATB Capital Markets acted as co-financial advisor to ARC. Norton Rose Fulbright Canada LLP acted as legal advisor to ARC. Dentons Canada LLP acted as legal counsel to the Co-Leads.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 43%After last week's 43% share price gain to €3.28, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.11 per share.공시 • Oct 18STEP Energy Services Ltd. to Report Q3, 2024 Results on Nov 13, 2024STEP Energy Services Ltd. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: CA$0.15 (vs CA$0.21 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.15 (down from CA$0.21 in 2Q 2023). Revenue: CA$231.4m (flat on 2Q 2023). Net income: CA$10.5m (down 32% from 2Q 2023). Profit margin: 4.5% (down from 6.6% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.공시 • Jul 16STEP Energy Services Ltd. to Report Q2, 2024 Results on Aug 06, 2024STEP Energy Services Ltd. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024New Risk • Jun 13New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €85k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€85k sold).Recent Insider Transactions • May 14Chief Operating Officer recently sold €85k worth of stockOn the 10th of May, Rory Thompson sold around 30k shares on-market at roughly €2.84 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rory's only on-market trade for the last 12 months.Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.58 (vs CA$0.28 in 1Q 2023)First quarter 2024 results: EPS: CA$0.58 (up from CA$0.28 in 1Q 2023). Revenue: CA$320.1m (up 22% from 1Q 2023). Net income: CA$41.4m (up 110% from 1Q 2023). Profit margin: 13% (up from 7.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.New Risk • Apr 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).공시 • Mar 23STEP Energy Services Ltd., Annual General Meeting, Jun 06, 2024STEP Energy Services Ltd., Annual General Meeting, Jun 06, 2024.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €2.36, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 146% over the past three years.New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 12Full year 2023 earnings released: EPS: CA$0.70 (vs CA$1.37 in FY 2022)Full year 2023 results: EPS: CA$0.70 (down from CA$1.37 in FY 2022). Revenue: CA$945.7m (down 4.4% from FY 2022). Net income: CA$50.4m (down 47% from FY 2022). Profit margin: 5.3% (down from 9.6% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.2% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).공시 • Jan 27STEP Energy Services Ltd. to Report Q4, 2023 Results on Mar 11, 2024STEP Energy Services Ltd. announced that they will report Q4, 2023 results After-Market on Mar 11, 2024Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.04, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 379% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.31 per share.New Risk • Jan 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: CA$0.29 (vs CA$0.45 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.29 (down from CA$0.45 in 3Q 2022). Revenue: CA$255.2m (up 4.1% from 3Q 2022). Net income: CA$20.7m (down 33% from 3Q 2022). Profit margin: 8.1% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 02STEP Energy Services Ltd. Announces Board ChangesSTEP Energy Services Ltd. announced the appointment of Mr. Edward LaFehr as an independent director of STEP’s board of directors, effective November 1, 2023. Mr. LaFehr has 40 years of experience in the energy industry managing large and complex onshore and offshore E&P assets. He currently serves as a director of Vaalco Energy, Inc, a position he has held since Vaalco’s combination with TransGlobe Energy in October 2022; Mr. LaFehr was appointed to TransGlobe Energy’s board in March 2019. Mr. LaFehr previously served as the president and chief executive officer of Baytex Energy Corporation for six years. Before joining Baytex, Mr. LaFehr held various senior leadership positions at Amoco, BP, Talisman, and TAQA. Mr. LaFehr also served on the board of directors of the Explorers and Producers Association of Canada (EPAC) from 2018 through January of 2023. He was also active with the Canadian Association of Petroleum Producers (CAPP) from 2012 to 2014 and was the chairperson of CAPP’s Alberta Energy Policy Group in 2013. Mr. LaFehr holds Master’s degrees in geophysics and mineral economics from Stanford University and the Colorado School of Mines, respectively. He obtained his Bachelor of Science in geophysics from the University of Utah. STEP also announced that Mr. Jason Skehar retired as a member of the board of directors effective November 1, 2023. Mr. Skehar has served as a board member since June 2012 and was a member of STEP’s HSE, Compensation and Corporate Governance (C&CG), and Audit Committees. Following the resignation of Mr. Skehar and the appointment of Mr. LaFehr, STEP’s board of directors consists of seven members. Also following Mr. Skehar’s resignation from his committee appointments, STEP’s director Ms. Rachel Moore was appointed to STEP’s Audit and C&CG Committees and Mr. LaFehr was appointed to STEP’s HSE Committee as chair. STEP’s director, Ms. Evelyn Angelle, also assumed the position of lead director for STEP’s board of directors.공시 • Oct 05STEP Energy Services Ltd. to Report Q3, 2023 Results on Nov 01, 2023STEP Energy Services Ltd. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023공시 • Sep 06STEP Energy Services Ltd. Announces Board ChangesSTEP Energy Services Ltd. announced the appointment of Ms. Rachel Moore as an independent director of STEP’s board of directors, effective October 1, 2023. Ms. Moore is currently serving as the executive vice president, corporate services, at Ovintiv Inc., a position she has held since January 2020. Ms. Moore previously served as Ovintiv’s vice president, human resources since January 2015. Before joining Ovintiv, Ms. Moore held a variety of senior leadership positions including executive vice president, human resources at Savanna Energy Services Corporation, and vice president, human resources, at Enerflex Systems Ltd. Ms. Moore currently serves on the board of directors for the Wilder Institute (Calgary Zoo) in support of wildlife conservation and previously served as the chair of the board for the United Way of Calgary and Area. Ms. Moore holds a Bachelor of Arts degree in political science and a Master of Business Administration from the University of Calgary. STEP also announces that Ms. Donna Garbutt will be retiring as a member of the board of directors effective September 30, 2023. Ms. Garbutt has served as a member of the board since April 2017 and was chair of STEP’s HSE Committee. Following the retirement of Ms. Garbutt and the appointment of Ms. Moore, STEP’s board of directors will consist of seven members.Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: CA$0.21 (vs CA$0.56 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.21 (down from CA$0.56 in 2Q 2022). Revenue: CA$232.1m (down 15% from 2Q 2022). Net income: CA$15.3m (down 60% from 2Q 2022). Profit margin: 6.6% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 13STEP Energy Services Ltd. to Report Q2, 2023 Results on Aug 02, 2023STEP Energy Services Ltd. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023Reported Earnings • May 11First quarter 2023 earnings released: EPS: CA$0.27 (vs CA$0.14 in 1Q 2022)First quarter 2023 results: EPS: CA$0.27 (up from CA$0.14 in 1Q 2022). Revenue: CA$263.4m (up 20% from 1Q 2022). Net income: CA$19.7m (up 114% from 1Q 2022). Profit margin: 7.5% (up from 4.2% in 1Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 100% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €2.78, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Energy Services industry in Europe. Total returns to shareholders of 635% over the past three years.Reported Earnings • Mar 03Full year 2022 earnings released: EPS: CA$1.37 (vs CA$0.41 loss in FY 2021)Full year 2022 results: EPS: CA$1.37 (up from CA$0.41 loss in FY 2021). Revenue: CA$989.0m (up 84% from FY 2021). Net income: CA$94.8m (up CA$122.9m from FY 2021). Profit margin: 9.6% (up from net loss in FY 2021). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.공시 • Feb 02STEP Energy Services Ltd. to Report Q4, 2022 Results on Mar 01, 2023STEP Energy Services Ltd. announced that they will report Q4, 2022 results After-Market on Mar 01, 2023Board Change • Nov 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. President, CEO & Director Steve Glanville was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: CA$0.45 (vs CA$0.05 loss in 3Q 2021)Third quarter 2022 results: EPS: CA$0.45 (up from CA$0.05 loss in 3Q 2021). Revenue: CA$245.1m (up 84% from 3Q 2021). Net income: CA$30.9m (up CA$34.2m from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year whereas the company’s share price has increased by 87% per year.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.16, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 360% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €3.30, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 232% over the past three years.Recent Insider Transactions • Sep 26President & COO recently bought €75k worth of stockOn the 19th of September, Stephen Glanville bought around 18k shares on-market at roughly €4.10 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of €108k worth in shares.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.12, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 282% over the past three years.Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: CA$0.56 (vs CA$0.15 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.56 (up from CA$0.15 loss in 2Q 2021). Revenue: CA$273.0m (up 154% from 2Q 2021). Net income: CA$38.1m (up CA$48.6m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 38%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 58% per year.Reported Earnings • May 13First quarter 2022 earnings released: EPS: CA$0.14 (vs CA$0.12 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.14 (up from CA$0.12 loss in 1Q 2021). Revenue: CA$219.5m (up 61% from 1Q 2021). Net income: CA$9.17m (up CA$17.1m from 1Q 2021). Profit margin: 4.2% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 30%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Evelyn Angelle was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: CA$0.41 loss per share (up from CA$1.77 loss in FY 2020). Revenue: CA$536.3m (up 45% from FY 2020). Net loss: CA$28.1m (loss narrowed 76% from FY 2020). Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 29%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Evelyn Angelle was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2021 earnings released: CA$0.05 loss per share (vs CA$0.14 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$133.2m (up 114% from 3Q 2020). Net loss: CA$3.39m (loss narrowed 65% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.60 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$107.5m (up 165% from 2Q 2020). Net loss: CA$10.6m (loss narrowed 74% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 41% per year.Breakeven Date Change • Aug 13No longer forecast to breakevenThe 6 analysts covering STEP Energy Services no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$11.8m in 2023. New consensus forecast suggests the company will make a loss of CA$26.5m in 2023.Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.60 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$107.5m (up 165% from 2Q 2020). Net loss: CA$10.6m (loss narrowed 74% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 41% per year.Breakeven Date Change • May 14Forecast to breakeven in 2023The 7 analysts covering STEP Energy Services expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 81% per year to 2022. The company is expected to make a profit of CA$11.8m in 2023. Average annual earnings growth of 96% is required to achieve expected profit on schedule.Reported Earnings • May 14First quarter 2021 earnings released: CA$0.12 loss per share (vs CA$0.78 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: CA$136.8m (down 30% from 1Q 2020). Net loss: CA$7.94m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 17 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 19Full year 2020 earnings releasedThe company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$368.9m (down 45% from FY 2019). Net loss: CA$119.4m (loss narrowed 17% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공시 • Feb 27STEP Energy Services Ltd., Annual General Meeting, May 13, 2021STEP Energy Services Ltd., Annual General Meeting, May 13, 2021.Is New 90 Day High Low • Feb 26New 90-day high: €0.74The company is up 104% from its price of €0.37 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.70 per share.공시 • Feb 20STEP Energy Services Ltd. to Report Q4, 2020 Results on Mar 17, 2021STEP Energy Services Ltd. announced that they will report Q4, 2020 results After-Market on Mar 17, 2021공시 • Feb 05Step Energy Services Ltd. and Universal Chemical Solutions Agree to Deliver Post-Production Stimulation ServicesSTEP Energy Services Ltd. ("STEP") and Universal Chemical Solutions Inc. ("UCS") announced that they have entered into an agreement that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford Shale, Permian Basin, Niobrara-DJ Basin and Bakken Formation. Single Shot IORTM is a patent-pending, post-production stimulation technique that uses liquid petroleum gasses (LPG) and proprietary chemistry to mobilize hydrocarbons in shale or tight sand, oil bearing reservoirs. The Single Shot IOR system is designed to combat post-production challenges and access unproduced pay that has been left behind by completion efforts. In collaboration with interested energy producers, well candidates will be identified by STEP and UCS using reservoir modelling expertise. Chief Executive Officer of UCS, Tadd Wallace adds, "UCS brings the cutting edge Single Shot IOR technology while STEP brings experience and the unique specialized equipment necessary to deliver this technology.Is New 90 Day High Low • Jan 09New 90-day high: €0.55The company is up 80% from its price of €0.30 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period.Is New 90 Day High Low • Dec 10New 90-day high: €0.44The company is up 45% from its price of €0.30 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Is New 90 Day High Low • Nov 25New 90-day high: €0.35The company is up 19% from its price of €0.30 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 22%. Over the next year, revenue is expected to shrink by 16% compared to a 17% decline forecast for the Energy Services industry in Germany.Reported Earnings • Nov 07Third quarter 2020 earnings released: CA$0.14 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: CA$62.4m (down 65% from 3Q 2019). Net loss: CA$9.76m (loss narrowed 91% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 68% per year, which means it has not declined as severely as earnings.공시 • Oct 16STEP Energy Services Ltd. to Report Q3, 2020 Results on Nov 03, 2020STEP Energy Services Ltd. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 03, 2020Is New 90 Day High Low • Sep 22New 90-day high: €0.32The company is up 7.0% from its price of €0.30 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.19 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 932 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 932 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장STEP Energy Services 배당 수익률 vs 시장932의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (932)n/a시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Energy Services)4.3%분석가 예측 (932) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 932 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 932 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 932 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 932 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/12/17 11:41종가2025/12/16 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스STEP Energy Services Ltd.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Waqar SyedATB CormarkJon MorrisonCIBC Capital MarketsGreg ColmanNational Bank Financial2명의 분석가 더 보기
공시 • Dec 17ARC Energy Fund 8, managed by ARC Financial Corp., completed the acquisition of the remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP).ARC Energy Fund 8, managed by ARC Financial Corp., made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) from Gundyco ITF MMCAP International, Inc. SPC, Groundlayer Capital Inc., and Xib International Master Fund and XIB Arbitrage Master Fund, managed by XIB Asset Management Inc., for approximately CAD 190 million on September 25, 2025. ARC Energy Fund 8 managed by ARC Financial Corp. entered into a definitive arrangement agreement to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million on October 17, 2025. Under the terms of the Arrangement Agreement, ARC will acquire all of the issued and outstanding common shares of STEP that does not currently own or control or direct, directly or indirectly for cash consideration of CAD 5.50 per Share by way of a plan of arrangement. Upon completion, ARC Financial Corp. will own 100% stake in STEP Energy Services Ltd. STEP also announces that it has received from ARC a copy of a signed voting support agreement among the limited partnerships comprising ARC Energy Fund 8, 2659160 Alberta Ltd. and MMCAP International Inc. SPC relating to the Offer. The Board of Directors of STEP Energy Services Ltd. formed a special committee for the transaction consists of independent directors Edward LaFehr , James Harbilas and Rachel Moore. On October 8, 2025, ARC Energy Fund 8 entered into voting support agreements with funds advised by XIB Asset Management Inc. The Arrangement, which has been unanimously approved by the members of STEP’s board of directors entitled to vote thereon, will be subject to shareholder approval, including the approval of the holders of the Minority Shares, customary TSX and court approval, and customary closing conditions. Upon the successful completion of this transaction it is expected that the Company’s shares will be delisted from trading on the TSX and STEP would cease to be a reporting issuer. Closing of the Arrangement is expected to occur on or about December 16, 2025. Stikeman Elliott LLP acted as legal advisor for STEP Energy Services Ltd. Peters & Co., Limited acted as financial advisor, Ernst & Young LLP (Canada) acted as fairness opinion provider, and Burnet, Duckworth & Palmer LLP acted as legal advisor for special committee. RBC Capital Markets Inc. and ATB Capital Markets Inc. acted as financial advisor and Norton Rose Fulbright Canada LLP acted as legal advisor for ARC Financial Corp. ARC Energy Fund 8, managed by ARC Financial Corp., completed the acquisition of the remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) on December 16, 2025. It is expected that the shares of STEP will be delisted from the TSX as of the close of business on or about December 17, 2025.
공시 • Nov 05STEP Energy Services Ltd. to Report Q3, 2025 Results on Nov 05, 2025STEP Energy Services Ltd. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025
공시 • Sep 27Unknown funds managed by ARC Financial Corp. made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million.Unknown funds managed by ARC Financial Corp. made a non-binding offer to acquire remaining 44.78% stake in STEP Energy Services Ltd. (TSX:STEP) for approximately CAD 190 million on September 25, 2025. Upon completion, ARC Financial Corp. will own 100% stake in STEP Energy Services Ltd. STEP also announces that it has received from ARC a copy of a signed voting support agreement among the limited partnerships comprising ARC Energy Fund 8, 2659160 Alberta Ltd. and MMCAP International Inc. SPC relating to the Offer. The Board of Directors of STEP Energy Services Ltd. formed a special committee for the transaction consists of independent directors Edward LaFehr , James Harbilas and Rachel Moore. Stikeman Elliott LLP acted as legal advisor for STEP Energy Services Ltd. Peters & Co., Limited acted as financial advisor and Burnet, Duckworth & Palmer LLP acted as legal advisor to special committee.
공시 • Jul 06STEP Energy Services Ltd. to Report Q2, 2025 Results on Aug 06, 2025STEP Energy Services Ltd. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025
공시 • Jun 08STEP Energy Services Ltd. Approves Board and Committee ChangesSTEP Energy Services Ltd. at its AGM held on June 4, 2025, approved the appointment of Jacqueline Forrest, Jeremy W. Gackle and Michael Kelly as directors. In a meeting of STEP's board of directors that occurred immediately after the 2025 annual general meeting, Mr. Jeremy Gackle was appointed chair of STEP's board of directors, and Mr. Edward LaFehr was appointed its lead director by STEP's independent directors. The board announced the composition of the board committees, and each committee chair, as: Audit Committee: James Harbilas (chair), Michael Kelly, Rachel Moore. Compensation and Corporate Governance Committee: Rachel Moore (chair), Jeremy Gackle, James Harbilas. Health, Safety and Environment Committee: Edward LaFehr (chair), Jacqueline Forrest, Stephen Glanville.
공시 • Apr 17STEP Energy Services Ltd. to Report Q1, 2025 Results on May 14, 2025STEP Energy Services Ltd. announced that they will report Q1, 2025 results After-Market on May 14, 2025
공시 • Mar 25STEP Energy Services Ltd., Annual General Meeting, Jun 04, 2025STEP Energy Services Ltd., Annual General Meeting, Jun 04, 2025.
공시 • Feb 07STEP Energy Services Ltd. to Report Q4, 2024 Results on Mar 11, 2025STEP Energy Services Ltd. announced that they will report Q4, 2024 results After-Market on Mar 11, 2025
공시 • Nov 06STEP Energy Services Expects to Delist from Trading on the TSXSTEP Energy Services Ltd. ('STEP' or the 'Company') (TSX: STEP) announced that it has entered into a definitive arrangement agreement (the 'Arrangement Agreement') with 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) (collectively, 'ARC') to take the Company private in an all-cash transaction. The Arrangement is expected to close in December 2024. The STEP Meeting is expected to be held on December 19, 2024. Following completion of the Arrangement, it is expected that the Shares will be delisted from trading on the TSX and an application will be made for STEP to cease to be a reporting issuer.
공시 • Nov 05ARC Energy Fund 8 a fund manage by ARC Financial Corp. agreed to acquire remaining 43.93% stake in STEP Energy Services Ltd. (TSX:STEP) in a going private transaction for CAD 180 million.ARC Energy Fund 8 a fund manage by ARC Financial Corp. agreed to acquire remaining 43.93% stake in STEP Energy Services Ltd. (TSX:STEP) in a going private transaction for CAD 180 million on November 4, 20224. Under the terms of the agreement, ARC will acquire all of the issued and outstanding common shares of STEP that ARC (and ARC Energy Fund 6) does not currently own or control or direct, directly or indirectly, for cash consideration of CAD 5 per Share by way of a plan of arrangement. Following completion of the Arrangement, it is expected that the Shares will be delisted from trading on the TSX and an application will be made for STEP to cease to be a reporting issuer. STEP will continue to be run by its current management team, led by Mr. Steve Glanville. ATB Financial and Royal Bank of Canada are acting as co-lead arrangers and sole lenders (the “Co-Leads”) for a senior credit facility. The transaction has been unanimously approved by STEP’s board of directors entitled to vote thereon, will be subject to shareholder approval, including the approval of the holders of the Minority Shares, court approval, and customary closing conditions. The transaction is expected to close in December 2024. Peters & Co. Limited acted as financial advisor to the Special Committee of STEP. EY provided fairness opinion to the Special Committee of STEP. Burnet, Duckworth & Palmer LLP acted as legal advisor to the Special Committee of STEP. Stikeman Elliot LLP acted as legal advisor to STEP. RBC Capital Markets acted as lead financial advisor and ATB Capital Markets acted as co-financial advisor to ARC. Norton Rose Fulbright Canada LLP acted as legal advisor to ARC. Dentons Canada LLP acted as legal counsel to the Co-Leads.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 43%After last week's 43% share price gain to €3.28, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.11 per share.
공시 • Oct 18STEP Energy Services Ltd. to Report Q3, 2024 Results on Nov 13, 2024STEP Energy Services Ltd. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: CA$0.15 (vs CA$0.21 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.15 (down from CA$0.21 in 2Q 2023). Revenue: CA$231.4m (flat on 2Q 2023). Net income: CA$10.5m (down 32% from 2Q 2023). Profit margin: 4.5% (down from 6.6% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
공시 • Jul 16STEP Energy Services Ltd. to Report Q2, 2024 Results on Aug 06, 2024STEP Energy Services Ltd. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024
New Risk • Jun 13New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €85k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€85k sold).
Recent Insider Transactions • May 14Chief Operating Officer recently sold €85k worth of stockOn the 10th of May, Rory Thompson sold around 30k shares on-market at roughly €2.84 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rory's only on-market trade for the last 12 months.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.58 (vs CA$0.28 in 1Q 2023)First quarter 2024 results: EPS: CA$0.58 (up from CA$0.28 in 1Q 2023). Revenue: CA$320.1m (up 22% from 1Q 2023). Net income: CA$41.4m (up 110% from 1Q 2023). Profit margin: 13% (up from 7.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).
공시 • Mar 23STEP Energy Services Ltd., Annual General Meeting, Jun 06, 2024STEP Energy Services Ltd., Annual General Meeting, Jun 06, 2024.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €2.36, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 146% over the past three years.
New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: CA$0.70 (vs CA$1.37 in FY 2022)Full year 2023 results: EPS: CA$0.70 (down from CA$1.37 in FY 2022). Revenue: CA$945.7m (down 4.4% from FY 2022). Net income: CA$50.4m (down 47% from FY 2022). Profit margin: 5.3% (down from 9.6% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.2% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
공시 • Jan 27STEP Energy Services Ltd. to Report Q4, 2023 Results on Mar 11, 2024STEP Energy Services Ltd. announced that they will report Q4, 2023 results After-Market on Mar 11, 2024
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.04, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 379% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.31 per share.
New Risk • Jan 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: CA$0.29 (vs CA$0.45 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.29 (down from CA$0.45 in 3Q 2022). Revenue: CA$255.2m (up 4.1% from 3Q 2022). Net income: CA$20.7m (down 33% from 3Q 2022). Profit margin: 8.1% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 02STEP Energy Services Ltd. Announces Board ChangesSTEP Energy Services Ltd. announced the appointment of Mr. Edward LaFehr as an independent director of STEP’s board of directors, effective November 1, 2023. Mr. LaFehr has 40 years of experience in the energy industry managing large and complex onshore and offshore E&P assets. He currently serves as a director of Vaalco Energy, Inc, a position he has held since Vaalco’s combination with TransGlobe Energy in October 2022; Mr. LaFehr was appointed to TransGlobe Energy’s board in March 2019. Mr. LaFehr previously served as the president and chief executive officer of Baytex Energy Corporation for six years. Before joining Baytex, Mr. LaFehr held various senior leadership positions at Amoco, BP, Talisman, and TAQA. Mr. LaFehr also served on the board of directors of the Explorers and Producers Association of Canada (EPAC) from 2018 through January of 2023. He was also active with the Canadian Association of Petroleum Producers (CAPP) from 2012 to 2014 and was the chairperson of CAPP’s Alberta Energy Policy Group in 2013. Mr. LaFehr holds Master’s degrees in geophysics and mineral economics from Stanford University and the Colorado School of Mines, respectively. He obtained his Bachelor of Science in geophysics from the University of Utah. STEP also announced that Mr. Jason Skehar retired as a member of the board of directors effective November 1, 2023. Mr. Skehar has served as a board member since June 2012 and was a member of STEP’s HSE, Compensation and Corporate Governance (C&CG), and Audit Committees. Following the resignation of Mr. Skehar and the appointment of Mr. LaFehr, STEP’s board of directors consists of seven members. Also following Mr. Skehar’s resignation from his committee appointments, STEP’s director Ms. Rachel Moore was appointed to STEP’s Audit and C&CG Committees and Mr. LaFehr was appointed to STEP’s HSE Committee as chair. STEP’s director, Ms. Evelyn Angelle, also assumed the position of lead director for STEP’s board of directors.
공시 • Oct 05STEP Energy Services Ltd. to Report Q3, 2023 Results on Nov 01, 2023STEP Energy Services Ltd. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023
공시 • Sep 06STEP Energy Services Ltd. Announces Board ChangesSTEP Energy Services Ltd. announced the appointment of Ms. Rachel Moore as an independent director of STEP’s board of directors, effective October 1, 2023. Ms. Moore is currently serving as the executive vice president, corporate services, at Ovintiv Inc., a position she has held since January 2020. Ms. Moore previously served as Ovintiv’s vice president, human resources since January 2015. Before joining Ovintiv, Ms. Moore held a variety of senior leadership positions including executive vice president, human resources at Savanna Energy Services Corporation, and vice president, human resources, at Enerflex Systems Ltd. Ms. Moore currently serves on the board of directors for the Wilder Institute (Calgary Zoo) in support of wildlife conservation and previously served as the chair of the board for the United Way of Calgary and Area. Ms. Moore holds a Bachelor of Arts degree in political science and a Master of Business Administration from the University of Calgary. STEP also announces that Ms. Donna Garbutt will be retiring as a member of the board of directors effective September 30, 2023. Ms. Garbutt has served as a member of the board since April 2017 and was chair of STEP’s HSE Committee. Following the retirement of Ms. Garbutt and the appointment of Ms. Moore, STEP’s board of directors will consist of seven members.
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: CA$0.21 (vs CA$0.56 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.21 (down from CA$0.56 in 2Q 2022). Revenue: CA$232.1m (down 15% from 2Q 2022). Net income: CA$15.3m (down 60% from 2Q 2022). Profit margin: 6.6% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 13STEP Energy Services Ltd. to Report Q2, 2023 Results on Aug 02, 2023STEP Energy Services Ltd. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023
Reported Earnings • May 11First quarter 2023 earnings released: EPS: CA$0.27 (vs CA$0.14 in 1Q 2022)First quarter 2023 results: EPS: CA$0.27 (up from CA$0.14 in 1Q 2022). Revenue: CA$263.4m (up 20% from 1Q 2022). Net income: CA$19.7m (up 114% from 1Q 2022). Profit margin: 7.5% (up from 4.2% in 1Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 100% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €2.78, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Energy Services industry in Europe. Total returns to shareholders of 635% over the past three years.
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: CA$1.37 (vs CA$0.41 loss in FY 2021)Full year 2022 results: EPS: CA$1.37 (up from CA$0.41 loss in FY 2021). Revenue: CA$989.0m (up 84% from FY 2021). Net income: CA$94.8m (up CA$122.9m from FY 2021). Profit margin: 9.6% (up from net loss in FY 2021). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
공시 • Feb 02STEP Energy Services Ltd. to Report Q4, 2022 Results on Mar 01, 2023STEP Energy Services Ltd. announced that they will report Q4, 2022 results After-Market on Mar 01, 2023
Board Change • Nov 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. President, CEO & Director Steve Glanville was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: CA$0.45 (vs CA$0.05 loss in 3Q 2021)Third quarter 2022 results: EPS: CA$0.45 (up from CA$0.05 loss in 3Q 2021). Revenue: CA$245.1m (up 84% from 3Q 2021). Net income: CA$30.9m (up CA$34.2m from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year whereas the company’s share price has increased by 87% per year.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.16, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 360% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €3.30, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 232% over the past three years.
Recent Insider Transactions • Sep 26President & COO recently bought €75k worth of stockOn the 19th of September, Stephen Glanville bought around 18k shares on-market at roughly €4.10 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of €108k worth in shares.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.12, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 282% over the past three years.
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: CA$0.56 (vs CA$0.15 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.56 (up from CA$0.15 loss in 2Q 2021). Revenue: CA$273.0m (up 154% from 2Q 2021). Net income: CA$38.1m (up CA$48.6m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 38%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 58% per year.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: CA$0.14 (vs CA$0.12 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.14 (up from CA$0.12 loss in 1Q 2021). Revenue: CA$219.5m (up 61% from 1Q 2021). Net income: CA$9.17m (up CA$17.1m from 1Q 2021). Profit margin: 4.2% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 30%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Evelyn Angelle was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: CA$0.41 loss per share (up from CA$1.77 loss in FY 2020). Revenue: CA$536.3m (up 45% from FY 2020). Net loss: CA$28.1m (loss narrowed 76% from FY 2020). Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 29%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Evelyn Angelle was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2021 earnings released: CA$0.05 loss per share (vs CA$0.14 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$133.2m (up 114% from 3Q 2020). Net loss: CA$3.39m (loss narrowed 65% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.60 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$107.5m (up 165% from 2Q 2020). Net loss: CA$10.6m (loss narrowed 74% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 41% per year.
Breakeven Date Change • Aug 13No longer forecast to breakevenThe 6 analysts covering STEP Energy Services no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$11.8m in 2023. New consensus forecast suggests the company will make a loss of CA$26.5m in 2023.
Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.60 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$107.5m (up 165% from 2Q 2020). Net loss: CA$10.6m (loss narrowed 74% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 41% per year.
Breakeven Date Change • May 14Forecast to breakeven in 2023The 7 analysts covering STEP Energy Services expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 81% per year to 2022. The company is expected to make a profit of CA$11.8m in 2023. Average annual earnings growth of 96% is required to achieve expected profit on schedule.
Reported Earnings • May 14First quarter 2021 earnings released: CA$0.12 loss per share (vs CA$0.78 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: CA$136.8m (down 30% from 1Q 2020). Net loss: CA$7.94m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 17 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 19Full year 2020 earnings releasedThe company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$368.9m (down 45% from FY 2019). Net loss: CA$119.4m (loss narrowed 17% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공시 • Feb 27STEP Energy Services Ltd., Annual General Meeting, May 13, 2021STEP Energy Services Ltd., Annual General Meeting, May 13, 2021.
Is New 90 Day High Low • Feb 26New 90-day high: €0.74The company is up 104% from its price of €0.37 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.70 per share.
공시 • Feb 20STEP Energy Services Ltd. to Report Q4, 2020 Results on Mar 17, 2021STEP Energy Services Ltd. announced that they will report Q4, 2020 results After-Market on Mar 17, 2021
공시 • Feb 05Step Energy Services Ltd. and Universal Chemical Solutions Agree to Deliver Post-Production Stimulation ServicesSTEP Energy Services Ltd. ("STEP") and Universal Chemical Solutions Inc. ("UCS") announced that they have entered into an agreement that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford Shale, Permian Basin, Niobrara-DJ Basin and Bakken Formation. Single Shot IORTM is a patent-pending, post-production stimulation technique that uses liquid petroleum gasses (LPG) and proprietary chemistry to mobilize hydrocarbons in shale or tight sand, oil bearing reservoirs. The Single Shot IOR system is designed to combat post-production challenges and access unproduced pay that has been left behind by completion efforts. In collaboration with interested energy producers, well candidates will be identified by STEP and UCS using reservoir modelling expertise. Chief Executive Officer of UCS, Tadd Wallace adds, "UCS brings the cutting edge Single Shot IOR technology while STEP brings experience and the unique specialized equipment necessary to deliver this technology.
Is New 90 Day High Low • Jan 09New 90-day high: €0.55The company is up 80% from its price of €0.30 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 41% over the same period.
Is New 90 Day High Low • Dec 10New 90-day high: €0.44The company is up 45% from its price of €0.30 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Is New 90 Day High Low • Nov 25New 90-day high: €0.35The company is up 19% from its price of €0.30 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 22%. Over the next year, revenue is expected to shrink by 16% compared to a 17% decline forecast for the Energy Services industry in Germany.
Reported Earnings • Nov 07Third quarter 2020 earnings released: CA$0.14 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: CA$62.4m (down 65% from 3Q 2019). Net loss: CA$9.76m (loss narrowed 91% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 68% per year, which means it has not declined as severely as earnings.
공시 • Oct 16STEP Energy Services Ltd. to Report Q3, 2020 Results on Nov 03, 2020STEP Energy Services Ltd. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 03, 2020
Is New 90 Day High Low • Sep 22New 90-day high: €0.32The company is up 7.0% from its price of €0.30 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.19 per share.