Source Energy Services Future Growth

Future criteria checks 0/6

Source Energy Services's earnings are forecast to decline at 69% per annum while its annual revenue is expected to grow at 5.6% per year. EPS is expected to decline by 69.2% per annum.

Key information

-69.0%

Earnings growth rate

-69.2%

EPS growth rate

Energy Services earnings growth	20.3%
Revenue growth rate	5.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	02 Aug 2024

Recent future growth updates

Recent updates

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

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

Mar 27

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

Mar 14

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

Jan 18

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

Aug 10

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

May 11

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

Apr 19

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

Jan 23

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

Sep 13

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

May 26

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

Dec 02

Statutory Earnings May Not Be The Best Way To Understand Source Energy Services' (TSE:SHLE) True Position

Aug 04

Is There An Opportunity With Source Energy Services Ltd.'s (TSE:SHLE) 30% Undervaluation?

Mar 23

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
12/31/2025	681	57	72	129	2
12/31/2024	649	24	52	106	2
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	-34	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHLE's earnings are forecast to decline over the next 3 years (-69% per year).

Earnings vs Market: SHLE's earnings are forecast to decline over the next 3 years (-69% per year).

High Growth Earnings: SHLE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SHLE's revenue (5.6% per year) is forecast to grow slower than the Canadian market (6.8% 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

Source Energy Services Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%

Price target increased by 8.8% to CA$18.50

Price target increased by 7.5% to CA$18.00

Consensus EPS estimates fall by 23%, revenue upgraded

Price target increased by 7.9% to CA$17.00

Price target increased by 14% to CA$16.75

Recent updates

Consensus EPS estimates increase by 15%

Price target increased by 8.8% to CA$18.50

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 7.5% to CA$18.00

Source Energy Services Ltd. to Report Q2, 2024 Results on Aug 01, 2024

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

Consensus EPS estimates fall by 23%, revenue upgraded

Price target increased by 7.9% to CA$17.00

First quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.58 in 1Q 2023)

Price target increased by 14% to CA$16.75

Source Energy Services Ltd. to Report Q1, 2024 Results on May 09, 2024

President exercised options to buy CA$426k worth of stock.

Price target increased by 8.6% to CA$15.75

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

Executive VP & CFO recently sold CA$115k worth of stock

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Source Energy Services Ltd., Annual General Meeting, May 10, 2024

Source Energy Services Ltd. to Report Q4, 2023 Results on Mar 06, 2024

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

Investor sentiment improves as stock rises 15%

Price target increased by 30% to CA$12.00

Consensus EPS estimates fall by 10%

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates fall by 10%

New minor risk - Earnings quality

Price target increased by 8.6% to CA$9.50

Investor sentiment improves as stock rises 16%

Price target increased by 12% to CA$9.25

Investor sentiment improves as stock rises 19%

Source Energy Services Ltd. to Report Q3, 2023 Results on Nov 08, 2023

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 21%

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

Consensus EPS estimates fall by 10%, revenue upgraded

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

Source Energy Services Ltd. to Report Q2, 2023 Results on Aug 02, 2023

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 17%

Insider recently sold CA$54k worth of stock

Investor sentiment improves as stock rises 23%

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

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 17% to CA$7.00

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

Full year 2022 earnings: EPS misses analyst expectations

Source Energy Services Ltd. to Report Q4, 2022 Results on Mar 08, 2023

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

Price target decreased to CA$2.25

Third quarter 2022 earnings released: EPS: CA$0.43 (vs CA$0.26 loss in 3Q 2021)

Source Energy Services Ltd. to Report Q3, 2022 Results on Nov 08, 2022

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

Second quarter 2022 earnings released: EPS: CA$0.31 (vs CA$0.064 loss in 2Q 2021)

Source Energy Services Ltd. to Report Q2, 2022 Results on Jul 27, 2022

Now 28% undervalued after recent price drop

Now 21% undervalued after recent price drop

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

Consensus forecasts updated

Now 26% undervalued after recent price drop

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target increased to CA$2.75

Source Energy Services Ltd. to Report Q1, 2022 Results on May 05, 2022

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.

Source Energy Services Ltd. Announces Executive Changes

Consensus forecasts updated