Secure Energy Services Inc.

TSX:SES Stock Report

Market Cap: CA$3.8b

Secure Energy Services Past Earnings Performance

Past criteria checks 5/6

Secure Energy Services has been growing earnings at an average annual rate of 67.5%, while the Oil and Gas industry saw earnings growing at 37.7% annually. Revenues have been growing at an average rate of 33.3% per year. Secure Energy Services's return on equity is 57.6%, and it has net margins of 5.8%.

Key information

67.5%

Earnings growth rate

65.8%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate33.3%
Return on equity57.6%
Net Margin5.8%
Last Earnings Update30 Sep 2024

Recent past performance 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

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

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

Revenue & Expenses Breakdown

How Secure Energy Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:SES Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410,4506071480
30 Jun 2410,0515601440
31 Mar 249,1865621420
31 Dec 238,2441951360
30 Sep 237,9291681210
30 Jun 237,8631811200
31 Mar 238,1592011230
31 Dec 228,0021841190
30 Sep 227,317-141230
30 Jun 226,421-961230
31 Mar 224,855-1651080
31 Dec 213,766-203920
30 Sep 212,901-76790
30 Jun 212,100-59580
31 Mar 211,879-63500
31 Dec 201,824-85550
30 Sep 202,102-43630
30 Jun 202,377-39730
31 Mar 202,874-22830
31 Dec 193,0532890
30 Sep 192,98313900
30 Jun 193,08520930
31 Mar 193,01615960
31 Dec 182,93720950
30 Sep 182,934-18870
30 Jun 182,719-25850
31 Mar 182,583-32850
31 Dec 172,328-34820
30 Sep 172,179-20870
30 Jun 171,967-28830
31 Mar 171,652-35780
31 Dec 161,410-49740
30 Sep 161,170-126730
30 Jun 161,101-171710
31 Mar 161,189-167760
31 Dec 151,346-160860
30 Sep 151,635-87920
30 Jun 151,901-19970
31 Mar 152,1124990
31 Dec 142,27231940
30 Sep 142,08256870
30 Jun 141,92653840
31 Mar 141,69644760
31 Dec 131,49339700

Quality Earnings: SES has a high level of non-cash earnings.

Growing Profit Margin: SES's current net profit margins (5.8%) are higher than last year (2.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SES's earnings have grown significantly by 67.5% per year over the past 5 years.

Accelerating Growth: SES's earnings growth over the past year (261.3%) exceeds its 5-year average (67.5% per year).

Earnings vs Industry: SES earnings growth over the past year (261.3%) exceeded the Oil and Gas industry -19.4%.


Return on Equity

High ROE: SES's Return on Equity (57.6%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies