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STEP Energy Services TSX:STEP Stock Report

Last Price

CA$4.30

Market Cap

CA$308.3m

7D

0.7%

1Y

13.2%

Updated

24 Jul, 2024

Data

Company Financials +

STEP Energy Services Ltd.

TSX:STEP Stock Report

Market Cap: CA$308.3m

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.

STEP fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

STEP Energy Services Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for STEP Energy Services
Historical stock prices
Current Share PriceCA$4.30
52 Week HighCA$4.82
52 Week LowCA$3.37
Beta2.13
11 Month Change6.44%
3 Month Change7.50%
1 Year Change13.16%
33 Year Change157.49%
5 Year Change145.71%
Change since IPO-56.78%

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

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

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?

Breakeven On The Horizon For STEP Energy Services Ltd. (TSE:STEP)

Mar 23
Breakeven On The Horizon For STEP Energy Services Ltd. (TSE:STEP)

Calculating The Intrinsic Value Of STEP Energy Services Ltd. (TSE:STEP)

Feb 18
Calculating The Intrinsic Value Of STEP Energy Services Ltd. (TSE:STEP)

Need To Know: Analysts Are Much More Bullish On STEP Energy Services Ltd. (TSE:STEP)

Jan 13
Need To Know: Analysts Are Much More Bullish On STEP Energy Services Ltd. (TSE:STEP)

Shareholder Returns

STEPCA Energy ServicesCA Market
7D0.7%-1.1%-0.5%
1Y13.2%31.8%10.7%

Return vs Industry: STEP underperformed the Canadian Energy Services industry which returned 31.8% over the past year.

Return vs Market: STEP exceeded the Canadian Market which returned 10.7% over the past year.

Price Volatility

Is STEP's price volatile compared to industry and market?
STEP volatility
STEP Average Weekly Movement5.7%
Energy Services Industry Average Movement4.8%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.1%

Stable Share Price: STEP has not had significant price volatility in the past 3 months.

Volatility Over Time: STEP's weekly volatility (6%) has been stable over the past year.

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$308.30m
Earnings (TTM)CA$72.12m
Revenue (TTM)CA$1.00b

4.3x

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$851.24m
Gross ProfitCA$151.26m
Other ExpensesCA$79.14m
EarningsCA$72.12m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 06, 2024

Earnings per share (EPS)1.01
Gross Margin15.09%
Net Profit Margin7.19%
Debt/Equity Ratio28.7%

How did STEP perform over the long term?

See historical performance and comparison
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