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STEP Energy Services TSX:STEP Stock Report

Last Price

CA$4.26

Market Cap

CA$306.0m

7D

-13.2%

1Y

11.5%

Updated

26 Dec, 2024

Data

Company Financials +

STEP Energy Services Ltd.

TSX:STEP Stock Report

Market Cap: CA$306.0m

STEP Stock Overview

An energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. More details

STEP fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

STEP Energy Services Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for STEP Energy Services
Historical stock prices
Current Share PriceCA$4.26
52 Week HighCA$5.26
52 Week LowCA$3.37
Beta2.28
1 Month Change-17.44%
3 Month Change13.60%
1 Year Change11.52%
3 Year Change167.92%
5 Year Change164.60%
Change since IPO-57.19%

Recent News & Updates

Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

Jul 19
Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

Recent updates

Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

Jul 19
Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jun 11
STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Apr 07
Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Mar 15
Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Mar 15
Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

Dec 13
Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Sep 02
STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

May 30
Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Apr 17
Is STEP Energy Services (TSE:STEP) A Risky Investment?

STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 09
STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

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

Aug 01
These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively

New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

May 21
New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Sep 28
Is STEP Energy Services (TSE:STEP) A Risky Investment?

Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

May 17
Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

Shareholder Returns

STEPCA Energy ServicesCA Market
7D-13.2%-0.8%-0.7%
1Y11.5%44.5%16.3%

Return vs Industry: STEP underperformed the Canadian Energy Services industry which returned 44.5% over the past year.

Return vs Market: STEP underperformed the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is STEP's price volatile compared to industry and market?
STEP volatility
STEP Average Weekly Movement12.9%
Energy Services Industry Average Movement5.5%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: STEP's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: STEP's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
20111,432Steve Glanvillewww.stepenergyservices.com

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services. In addition, the company offers pipeline, facility maintenance, pipeline pigging, and purging services.

STEP Energy Services Ltd. Fundamentals Summary

How do STEP Energy Services's earnings and revenue compare to its market cap?
STEP fundamental statistics
Market capCA$306.04m
Earnings (TTM)CA$41.12m
Revenue (TTM)CA$1.00b

7.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STEP income statement (TTM)
RevenueCA$1.00b
Cost of RevenueCA$877.46m
Gross ProfitCA$125.10m
Other ExpensesCA$83.98m
EarningsCA$41.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin12.48%
Net Profit Margin4.10%
Debt/Equity Ratio15.3%

How did STEP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:35
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

STEP Energy Services Ltd. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets