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STEP Energy Services Ltd.TSX:STEP Stock Report

Market Cap CA$397.9m
Share Price
CA$5.47
My Fair Value
CA$5.44
0.6% overvalued intrinsic discount
1Y53.7%
7D0%
Portfolio Value
View

STEP Energy Services Ltd.

TSX:STEP Stock Report

Market Cap: CA$397.9m

STEP Energy Services (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
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for STEP from our risk checks.

STEP Community Fair Values

Create Narrative

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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$5.47
52 Week HighCA$5.48
52 Week LowCA$3.35
Beta1.62
1 Month Change2.05%
3 Month Change24.04%
1 Year Change53.65%
3 Year Change-14.80%
5 Year Change1,089.13%
Change since IPO-45.03%

Recent News & Updates

Recent updates

User avatar

Long-term Contracts In Montney And Duvernay Will Secure Future Revenue Stability

Increased fracturing activity and efficiencies in Canada, along with long-term contracts, are set to boost revenue growth and earnings stability.

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
7D0%-2.5%-0.5%
1Y53.7%15.2%20.0%

Return vs Industry: STEP exceeded the Canadian Energy Services industry which returned 15.2% over the past year.

Return vs Market: STEP exceeded the Canadian Market which returned 20% over the past year.

Price Volatility

Is STEP's price volatile compared to industry and market?
STEP volatility
STEP Average Weekly Movement8.3%
Energy Services Industry Average Movement5.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market20.4%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: STEP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,251Steve 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. The company offers fracturing services, such as dual-fuel hydraulic fracturing; STEP-XPRS, an integrated fracturing and coiled tubing spread; large bore manifold systems; and technical solutions, such as chemical and fluid systems. It also engages in the provision of coiled tubing services, including e-coil technology; GO Pin adapter cable heads that helps in switching downhole tools without performing multiple tool trips; STEP-conneCT, a downhole, real-time data acquisition tool; and Command Center-IQ coiled tubing unit, as well as provides fluid pumping services for coiled tubing operations and standalone projects.

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$397.89m
Earnings (TTM)-CA$20.06m
Revenue (TTM)CA$939.19m
0.4x
P/S Ratio
-19.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STEP income statement (TTM)
RevenueCA$939.19m
Cost of RevenueCA$854.69m
Gross ProfitCA$84.50m
Other ExpensesCA$104.56m
Earnings-CA$20.06m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin9.00%
Net Profit Margin-2.14%
Debt/Equity Ratio11.9%

How did STEP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/31 00:17
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
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

STEP Energy Services Ltd. is covered by 11 analysts. 4 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
null nullBMO Capital Markets Equity Research