Source Energy Services Ltd.

TSX:SHLE Stock Report

Market Cap: CA$155.5m

Source Energy Services Future Growth

Future criteria checks 4/6

Source Energy Services is forecast to grow earnings and revenue by 33.7% and 5.6% per annum respectively while EPS is expected to grow by 33.5% per annum.

Key information

33.7%

Earnings growth rate

33.49%

EPS growth rate

Energy Services earnings growth20.8%
Revenue growth rate5.6%
Future return on equityn/a
Analyst coverage

Low

Last updated09 May 2025

Recent future growth updates

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

Recent updates

Source Energy Services Ltd.'s (TSE:SHLE) Shares Climb 45% But Its Business Is Yet to Catch Up

May 09
Source Energy Services Ltd.'s (TSE:SHLE) Shares Climb 45% But Its Business Is Yet to Catch Up

Source Energy Services (TSE:SHLE) Takes On Some Risk With Its Use Of Debt

May 07
Source Energy Services (TSE:SHLE) Takes On Some Risk With Its Use Of Debt

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

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)

Earnings and Revenue Growth Forecasts

TSX:SHLE - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202678861621412
12/31/202575855561182
3/31/20257133172119N/A
12/31/2024674104994N/A
9/30/20246831704887N/A
6/30/20246251635689N/A
3/31/20245761613766N/A
12/31/20235701675880N/A
9/30/202350326178N/A
6/30/202349848097N/A
3/31/202348367287N/A
12/31/2022416-96580N/A
9/30/2022396-113144N/A
6/30/2022374-21111N/A
3/31/2022335-261119N/A
12/31/2021320-24714N/A
9/30/2021311143641N/A
6/30/2021292102630N/A
3/31/2021235-53336N/A
12/31/2020250-1833639N/A
9/30/2020260-2101615N/A
6/30/2020261-2625353N/A
3/31/2020321-2655056N/A
12/31/2019333-891636N/A
9/30/2019318-993072N/A
6/30/2019362-401773N/A
3/31/2019418-13-566N/A
12/31/2018415-2N/A76N/A
9/30/201843610N/A75N/A
6/30/201839415N/A40N/A
3/31/2018330-3N/A8N/A
12/31/2017289-9N/A6N/A
9/30/2017260-17N/A-32N/A
6/30/2017204-32N/A-32N/A
3/31/2017160-43N/A-18N/A
12/31/2016139-43N/A-9N/A
12/31/2015153-10N/A24N/A
12/31/201414717N/A-8N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHLE's forecast earnings growth (33.7% per year) is above the savings rate (2.5%).

Earnings vs Market: SHLE's earnings (33.7% per year) are forecast to grow faster than the Canadian market (12.6% per year).

High Growth Earnings: SHLE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHLE's revenue (5.6% per year) is forecast to grow faster than the Canadian market (3.9% per year).

High Growth Revenue: SHLE's revenue (5.6% 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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 20:22
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
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