Source Energy Services Ltd.
TSX:SHLE Stock Report
Source Energy Services Future Growth
Future criteria checks 0/6 Source Energy Services's earnings are forecast to decline at 33.7% per annum while its annual revenue is expected to grow at 1.1% per year. EPS is expected to decline by 33.6% per annum.
Key information
-33.7%
Earnings growth rate
Energy Services earnings growth 27.8% Revenue growth rate 1.1% Future return on equity n/a Analyst coverage Low
Last updated 08 Nov 2024
Recent future growth updates
Price target increased by 16% to CA$18.00 Nov 08
Consensus EPS estimates fall by 36% Oct 06
Consensus EPS estimates increase by 15% Aug 08
Price target increased by 8.8% to CA$18.50 Aug 05
Price target increased by 7.5% to CA$18.00 Aug 02
Consensus EPS estimates fall by 23%, revenue upgraded May 16
Show all updates
Price target increased by 16% to CA$18.00 Nov 08
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 08
Investor Optimism Abounds Source Energy Services Ltd. (TSE:SHLE) But Growth Is Lacking Nov 06
Source Energy Services Ltd. to Report Q3, 2024 Results on Nov 06, 2024 Oct 18
Consensus EPS estimates fall by 36% Oct 06
Returns On Capital Are Showing Encouraging Signs At Source Energy Services (TSE:SHLE) Sep 09
Consensus EPS estimates increase by 15% Aug 08
Price target increased by 8.8% to CA$18.50 Aug 05
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Aug 04
Price target increased by 7.5% to CA$18.00 Aug 02
Source Energy Services Ltd. to Report Q2, 2024 Results on Aug 01, 2024 Jul 22
The Market Lifts Source Energy Services Ltd. (TSE:SHLE) Shares 27% But It Can Do More Jul 18
Investors Give Source Energy Services Ltd. (TSE:SHLE) Shares A 28% Hiding May 22
Consensus EPS estimates fall by 23%, revenue upgraded May 16
Price target increased by 7.9% to CA$17.00 May 13
First quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.58 in 1Q 2023) May 11
Price target increased by 14% to CA$16.75 Apr 23
Source Energy Services Ltd. to Report Q1, 2024 Results on May 09, 2024 Apr 09
President exercised options to buy CA$426k worth of stock. Mar 29
Price target increased by 8.6% to CA$15.75 Mar 28
Further Upside For Source Energy Services Ltd. (TSE:SHLE) Shares Could Introduce Price Risks After 48% Bounce Mar 27
Executive VP & CFO recently sold CA$115k worth of stock Mar 24
Source Energy Services (TSE:SHLE) Is Posting Healthy Earnings, But It Is Not All Good News Mar 14
Full year 2023 earnings: EPS and revenues exceed analyst expectations Mar 07
Source Energy Services Ltd., Annual General Meeting, May 10, 2024 Mar 02
Source Energy Services Ltd. to Report Q4, 2023 Results on Mar 06, 2024 Feb 21
Take Care Before Diving Into The Deep End On Source Energy Services Ltd. (TSE:SHLE) Jan 18
Investor sentiment improves as stock rises 15% Jan 18
Price target increased by 30% to CA$12.00 Jan 16
Consensus EPS estimates fall by 10% Dec 23
Investor sentiment deteriorates as stock falls 15% Dec 08
Consensus EPS estimates fall by 10% Nov 15
New minor risk - Earnings quality Nov 15
Price target increased by 8.6% to CA$9.50 Nov 10
Investor sentiment improves as stock rises 16% Nov 07
Price target increased by 12% to CA$9.25 Oct 20
Investor sentiment improves as stock rises 19% Oct 12
Source Energy Services Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Oct 12
Investor sentiment improves as stock rises 19% Sep 15
Investor sentiment deteriorates as stock falls 21% Aug 16
The Return Trends At Source Energy Services (TSE:SHLE) Look Promising Aug 10
Consensus EPS estimates fall by 10%, revenue upgraded Aug 09
New minor risk - Earnings quality Aug 08
Second quarter 2023 earnings: EPS misses analyst expectations Aug 04
Investor sentiment deteriorates as stock falls 16% Jul 25
New minor risk - Share price stability Jul 05
Source Energy Services Ltd. to Report Q2, 2023 Results on Aug 02, 2023 Jun 30
Investor sentiment deteriorates as stock falls 17% Jun 30
Investor sentiment improves as stock rises 17% Jun 07
Insider recently sold CA$54k worth of stock May 26
Investor sentiment improves as stock rises 23% May 20
Broker Revenue Forecasts For Source Energy Services Ltd. (TSE:SHLE) Are Surging Higher May 11
First quarter 2023 earnings: EPS and revenues exceed analyst expectations May 07
Price target increased by 17% to CA$7.00 Apr 26
Returns Are Gaining Momentum At Source Energy Services (TSE:SHLE) Apr 19
Full year 2022 earnings: EPS misses analyst expectations Mar 10
Source Energy Services Ltd. to Report Q4, 2022 Results on Mar 08, 2023 Feb 10
Here's Why Source Energy Services (TSE:SHLE) Has A Meaningful Debt Burden Jan 23
Price target decreased to CA$2.25 Nov 17
Third quarter 2022 earnings released: EPS: CA$0.43 (vs CA$0.26 loss in 3Q 2021) Nov 11
Source Energy Services Ltd. to Report Q3, 2022 Results on Nov 08, 2022 Oct 19
These 4 Measures Indicate That Source Energy Services (TSE:SHLE) Is Using Debt Extensively Sep 13
Second quarter 2022 earnings released: EPS: CA$0.31 (vs CA$0.064 loss in 2Q 2021) Jul 28
Source Energy Services Ltd. to Report Q2, 2022 Results on Jul 27, 2022 Jun 30
Now 28% undervalued after recent price drop Jun 17
Now 21% undervalued after recent price drop May 30
Calculating The Fair Value Of Source Energy Services Ltd. (TSE:SHLE) May 26
Consensus forecasts updated May 12
Now 26% undervalued after recent price drop May 09
First quarter 2022 earnings: EPS exceeds analyst expectations May 06
Price target increased to CA$2.75 Apr 27
Source Energy Services Ltd. to Report Q1, 2022 Results on May 05, 2022 Apr 15
Source Energy Services Ltd. (TSX:SHLE) entered into an agreement to acquire Operation of its Peace River Frac Sand Facility from Canadian Silica Industries Inc. and Contractor’s Leasing Corp. Apr 13 Source Energy Services Ltd. Announces Executive Changes
Consensus forecasts updated Mar 16
Full year 2021 earnings: EPS exceeds analyst expectations Mar 11
Source Energy Services Ltd., Annual General Meeting, May 06, 2022 Feb 25
Investor sentiment improved over the past week Feb 18
Investor sentiment improved over the past week Feb 03 Source Energy Services Ltd. Announces Changes to Board of Directors
Investor sentiment improved over the past week Jan 19
Does Source Energy Services (TSE:SHLE) Have A Healthy Balance Sheet? Dec 02
Third quarter 2021 earnings released: CA$0.26 loss per share (vs CA$1.53 loss in 3Q 2020) Nov 06
Investor sentiment deteriorated over the past week Nov 06
Price target increased to CA$2.50 Oct 22
Investor sentiment improved over the past week Oct 09
Statutory Earnings May Not Be The Best Way To Understand Source Energy Services' (TSE:SHLE) True Position Aug 04
Second quarter 2021 earnings released: CA$0.06 loss per share (vs CA$3.16 loss in 2Q 2020) Jul 31
Consensus EPS estimates increase to -CA$0.22 Jul 30
First quarter 2021 earnings released: CA$0.40 loss per share (vs CA$36.91 loss in 1Q 2020) May 06
Consensus forecasts updated Apr 17
Consensus forecasts updated Mar 25
Is There An Opportunity With Source Energy Services Ltd.'s (TSE:SHLE) 30% Undervaluation? Mar 23
Full year 2020 earnings released: CA$36.81 loss per share (vs CA$17.68 loss in FY 2019) Mar 20
Source Energy Services Ltd., Annual General Meeting, May 07, 2021 Feb 26
New 90-day high: CA$2.04 Feb 26
Source Energy Services Ltd. to Report Q4, 2020 Results on Mar 18, 2021 Feb 11
Price target raised to CA$1.23 Jan 13
Earnings and Revenue Growth Forecasts TSX:SHLE - Analysts future estimates and past financials data (CAD Millions) Date Revenue Earnings Free Cash Flow Cash from Op Avg. No. Analysts 12/31/2026 691 60 64 131 2 12/31/2025 673 46 67 112 2 12/31/2024 660 19 61 97 2 9/30/2024 683 170 48 87 N/A 6/30/2024 625 163 56 89 N/A 3/31/2024 576 161 37 66 N/A 12/31/2023 570 167 58 80 N/A 9/30/2023 503 2 61 78 N/A 6/30/2023 498 4 80 97 N/A 3/31/2023 483 6 72 87 N/A 12/31/2022 416 -9 65 80 N/A 9/30/2022 396 -11 31 44 N/A 6/30/2022 374 -21 1 11 N/A 3/31/2022 335 -26 11 19 N/A 12/31/2021 320 -24 7 14 N/A 9/30/2021 311 14 36 41 N/A 6/30/2021 292 10 26 30 N/A 3/31/2021 235 -5 33 36 N/A 12/31/2020 250 -183 36 39 N/A 9/30/2020 260 -210 16 15 N/A 6/30/2020 261 -262 53 53 N/A 3/31/2020 321 -265 50 56 N/A 12/31/2019 333 -89 16 36 N/A 9/30/2019 318 -99 30 72 N/A 6/30/2019 362 -40 17 73 N/A 3/31/2019 418 -13 -5 66 N/A 12/31/2018 415 -2 8 76 N/A 9/30/2018 436 10 2 75 N/A 6/30/2018 394 15 N/A 40 N/A 3/31/2018 330 -3 N/A 8 N/A 12/31/2017 289 -9 N/A 6 N/A 9/30/2017 260 -17 N/A -32 N/A 6/30/2017 204 -32 N/A -32 N/A 3/31/2017 160 -43 N/A -18 N/A 12/31/2016 139 -43 N/A -9 N/A 12/31/2015 153 -10 N/A 24 N/A 12/31/2014 147 17 N/A -8 N/A
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Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHLE's earnings are forecast to decline over the next 3 years (-33.7% per year).
Earnings vs Market: SHLE's earnings are forecast to decline over the next 3 years (-33.7% per year).
High Growth Earnings: SHLE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SHLE's revenue (1.1% per year) is forecast to grow slower than the Canadian market (7.2% per year).
High Growth Revenue: SHLE's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SHLE's Return on Equity is forecast to be high in 3 years time
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