Secure Energy Services Inc.

TSX:SES Stock Report

Market Cap: CA$3.8b

Secure Energy Services Management

Management criteria checks 2/4

Secure Energy Services' CEO is Allen Gransch, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is CA$5.52M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth CA$8.27M. The average tenure of the management team and the board of directors is 2.9 years and 2.4 years respectively.

Key information

Allen Gransch

Chief executive officer

CA$5.5m

Total compensation

CEO salary percentage10.6%
CEO tenure2.1yrs
CEO ownership0.2%
Management average tenure2.9yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit

Nov 06
We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit

Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified

Nov 02
Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified

Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10

Sep 23
Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10

Is Secure Energy Services (TSE:SES) Using Too Much Debt?

Jul 25
Is Secure Energy Services (TSE:SES) Using Too Much Debt?

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Jun 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

May 03
We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Apr 07
A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Mar 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Feb 12
There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Jan 05
Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Dec 12
Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Nov 30
Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Oct 30
Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Aug 27
Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

Jun 08
Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Mar 20
The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Feb 03
Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Is Secure Energy Services (TSE:SES) A Risky Investment?

Jan 04
Is Secure Energy Services (TSE:SES) A Risky Investment?

Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

Aug 31
Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

CEO Compensation Analysis

How has Allen Gransch's remuneration changed compared to Secure Energy Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$607m

Jun 30 2024n/an/a

CA$560m

Mar 31 2024n/an/a

CA$562m

Dec 31 2023CA$6mCA$588k

CA$195m

Sep 30 2023n/an/a

CA$168m

Jun 30 2023n/an/a

CA$181m

Mar 31 2023n/an/a

CA$201m

Dec 31 2022CA$3mCA$508k

CA$184m

Sep 30 2022n/an/a

-CA$14m

Jun 30 2022n/an/a

-CA$96m

Mar 31 2022n/an/a

-CA$165m

Dec 31 2021CA$2mCA$405k

-CA$203m

Sep 30 2021n/an/a

-CA$76m

Jun 30 2021n/an/a

-CA$59m

Mar 31 2021n/an/a

-CA$63m

Dec 31 2020CA$2mCA$366k

-CA$85m

Sep 30 2020n/an/a

-CA$43m

Jun 30 2020n/an/a

-CA$39m

Mar 31 2020n/an/a

-CA$22m

Dec 31 2019CA$2mCA$393k

CA$2m

Sep 30 2019n/an/a

CA$13m

Jun 30 2019n/an/a

CA$20m

Mar 31 2019n/an/a

CA$15m

Dec 31 2018CA$1mCA$365k

CA$20m

Sep 30 2018n/an/a

-CA$18m

Jun 30 2018n/an/a

-CA$25m

Mar 31 2018n/an/a

-CA$32m

Dec 31 2017CA$2mCA$365k

-CA$34m

Compensation vs Market: Allen's total compensation ($USD3.84M) is about average for companies of similar size in the Canadian market ($USD3.19M).

Compensation vs Earnings: Allen's compensation has increased by more than 20% in the past year.

CEO

Allen Gransch (47 yo)

2.1yrs

Tenure

CA$5,517,986

Compensation

Mr. Allen Peter Gransch serves as President at Secure Energy Services Inc. since November 02, 2022 and has been its Director since April 26, 2024 and serves as its CEO since May 01, 2024. He served as Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Allen Gransch
President2.1yrsCA$5.52m0.22%
CA$ 8.3m
Chad Magus
Chief Financial Officer7.3yrsCA$2.40m0.080%
CA$ 3.0m
Corey Higham
Chief Operating Officer2.1yrsCA$3.07m0.13%
CA$ 5.1m
James Anderson
Senior Vice President of Specialty Chemicalsno dataCA$1.82m0.10%
CA$ 3.8m
Michael Callihoo
Corporate Secretary & General Counsel6.4yrsno data0.032%
CA$ 1.2m
Rhonda Rudnitski
Vice President of Environment2.9yrsno data0.027%
CA$ 1.0m
Alison Prokop
Executiveno datano datano data

2.9yrs

Average Tenure

Experienced Management: SES's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Allen Gransch
Presidentless than a yearCA$5.52m0.22%
CA$ 8.3m
Rene Amirault
Vice Chair17.5yrsCA$6.31m0.80%
CA$ 30.4m
Susan L. Rose
Independent Director3.4yrsCA$220.00k0.0050%
CA$ 190.2k
Wendy Hanrahan
Independent Director1.8yrsCA$173.98k0.020%
CA$ 749.4k
Michael Dilger
Independent Chairman of the Board1.9yrsCA$416.56k0.085%
CA$ 3.2m
Deanna Zumwalt
Independent Director5.7yrsCA$232.51k0.0082%
CA$ 311.5k
Mark Bly
Independent Director2.8yrsCA$217.29k0.025%
CA$ 958.8k
Joseph Lenz
Independent Director2.1yrsno datano data

2.4yrs

Average Tenure

60yo

Average Age

Experienced Board: SES's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Secure Energy Services Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Anthony PetrucciCanaccord Genuity