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Source Energy Services TSX:SHLE Stock Report

Last Price

CA$7.86

Market Cap

CA$106.5m

7D

-0.3%

1Y

-47.1%

Updated

13 Apr, 2025

Data

Company Financials +

Source Energy Services Ltd.

TSX:SHLE Stock Report

Market Cap: CA$106.5m

SHLE Stock Overview

Engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States. More details

SHLE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends0/6

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Source Energy Services Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Source Energy Services
Historical stock prices
Current Share PriceCA$7.86
52 Week HighCA$18.45
52 Week LowCA$6.79
Beta2.8
1 Month Change-15.94%
3 Month Change-43.90%
1 Year Change-47.07%
3 Year Change231.65%
5 Year Change469.57%
Change since IPO-93.76%

Recent News & Updates

Recent updates

Source Energy Services (TSE:SHLE) Is Looking To Continue Growing Its Returns On Capital

Apr 04
Source Energy Services (TSE:SHLE) Is Looking To Continue Growing Its Returns On Capital
author-image

Peace River Upgrade And LNG Projects Will Expand Capacity And Meet Rising Demand

Mar 13 Facility upgrades and partnerships improve logistics and production capacity, supporting revenue growth and potentially enhancing margins through efficiency and expanded service offerings.

Source Energy Services' (TSE:SHLE) Soft Earnings Don't Show The Whole Picture

Mar 07
Source Energy Services' (TSE:SHLE) Soft Earnings Don't Show The Whole Picture

Source Energy Services Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 02
Source Energy Services Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Source Energy Services Ltd.'s (TSE:SHLE) Business Is Trailing The Industry But Its Shares Aren't

Feb 28
Source Energy Services Ltd.'s (TSE:SHLE) Business Is Trailing The Industry But Its Shares Aren't

Does Source Energy Services (TSE:SHLE) Have A Healthy Balance Sheet?

Jan 20
Does Source Energy Services (TSE:SHLE) Have A Healthy Balance Sheet?

Source Energy Services (TSE:SHLE) Is Experiencing Growth In Returns On Capital

Dec 19
Source Energy Services (TSE:SHLE) Is Experiencing Growth In Returns On Capital

Investor Optimism Abounds Source Energy Services Ltd. (TSE:SHLE) But Growth Is Lacking

Nov 06
Investor Optimism Abounds Source Energy Services Ltd. (TSE:SHLE) But Growth Is Lacking

Returns On Capital Are Showing Encouraging Signs At Source Energy Services (TSE:SHLE)

Sep 09
Returns On Capital Are Showing Encouraging Signs At Source Energy Services (TSE:SHLE)

The Market Lifts Source Energy Services Ltd. (TSE:SHLE) Shares 27% But It Can Do More

Jul 18
The Market Lifts Source Energy Services Ltd. (TSE:SHLE) Shares 27% But It Can Do More

Investors Give Source Energy Services Ltd. (TSE:SHLE) Shares A 28% Hiding

May 22
Investors Give Source Energy Services Ltd. (TSE:SHLE) Shares A 28% Hiding

Further Upside For Source Energy Services Ltd. (TSE:SHLE) Shares Could Introduce Price Risks After 48% Bounce

Mar 27
Further Upside For Source Energy Services Ltd. (TSE:SHLE) Shares Could Introduce Price Risks After 48% Bounce

Source Energy Services (TSE:SHLE) Is Posting Healthy Earnings, But It Is Not All Good News

Mar 14
Source Energy Services (TSE:SHLE) Is Posting Healthy Earnings, But It Is Not All Good News

Take Care Before Diving Into The Deep End On Source Energy Services Ltd. (TSE:SHLE)

Jan 18
Take Care Before Diving Into The Deep End On Source Energy Services Ltd. (TSE:SHLE)

The Return Trends At Source Energy Services (TSE:SHLE) Look Promising

Aug 10
The Return Trends At Source Energy Services (TSE:SHLE) Look Promising

Broker Revenue Forecasts For Source Energy Services Ltd. (TSE:SHLE) Are Surging Higher

May 11
Broker Revenue Forecasts For Source Energy Services Ltd. (TSE:SHLE) Are Surging Higher

Returns Are Gaining Momentum At Source Energy Services (TSE:SHLE)

Apr 19
Returns Are Gaining Momentum At Source Energy Services (TSE:SHLE)

Here's Why Source Energy Services (TSE:SHLE) Has A Meaningful Debt Burden

Jan 23
Here's Why Source Energy Services (TSE:SHLE) Has A Meaningful Debt Burden

These 4 Measures Indicate That Source Energy Services (TSE:SHLE) Is Using Debt Extensively

Sep 13
These 4 Measures Indicate That Source Energy Services (TSE:SHLE) Is Using Debt Extensively

Calculating The Fair Value Of Source Energy Services Ltd. (TSE:SHLE)

May 26
Calculating The Fair Value Of Source Energy Services Ltd. (TSE:SHLE)

Does Source Energy Services (TSE:SHLE) Have A Healthy Balance Sheet?

Dec 02
Does Source Energy Services (TSE:SHLE) Have A Healthy Balance Sheet?

Shareholder Returns

SHLECA Energy ServicesCA Market
7D-0.3%-0.8%1.3%
1Y-47.1%-8.8%5.3%

Return vs Industry: SHLE underperformed the Canadian Energy Services industry which returned -8.9% over the past year.

Return vs Market: SHLE underperformed the Canadian Market which returned 5.3% over the past year.

Price Volatility

Is SHLE's price volatile compared to industry and market?
SHLE volatility
SHLE Average Weekly Movement9.9%
Energy Services Industry Average Movement7.3%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.9%

Stable Share Price: SHLE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SHLE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998512Scott Melbournwww.sourceenergyservices.com

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 storage and logistics services for other bulk oil and gas well completion materials; trucking operations; and develops Sahara, a wellsite 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.

Source Energy Services Ltd. Fundamentals Summary

How do Source Energy Services's earnings and revenue compare to its market cap?
SHLE fundamental statistics
Market capCA$106.46m
Earnings (TTM)CA$9.51m
Revenue (TTM)CA$673.95m

11.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLE income statement (TTM)
RevenueCA$673.95m
Cost of RevenueCA$546.61m
Gross ProfitCA$127.34m
Other ExpensesCA$117.83m
EarningsCA$9.51m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin18.89%
Net Profit Margin1.41%
Debt/Equity Ratio102.7%

How did SHLE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 15:23
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Source Energy Services Ltd. is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Tim MonachelloATB Capital Markets
John GibsonBMO Capital Markets Equity Research