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
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
STEP Energy Services Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$3.73 |
| 52 Week High | CA$5.26 |
| 52 Week Low | CA$3.35 |
| Beta | 1.55 |
| 1 Month Change | -11.40% |
| 3 Month Change | -18.91% |
| 1 Year Change | -7.67% |
| 3 Year Change | 7.18% |
| 5 Year Change | 856.41% |
| Change since IPO | -62.51% |
Recent News & Updates
Recent updates
Long-term Contracts In Montney And Duvernay Will Secure Future Revenue Stability
Jan 18 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
STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 11Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)
Apr 07Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)
Mar 15Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts
Mar 15Is STEP Energy Services (TSE:STEP) Using Too Much Debt?
Dec 13STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation
Sep 02Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing
May 30Is STEP Energy Services (TSE:STEP) A Risky Investment?
Apr 17STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 09These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively
Aug 01New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)
May 21Is STEP Energy Services (TSE:STEP) A Risky Investment?
Sep 28Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?
May 17Shareholder Returns
| STEP | CA Energy Services | CA Market | |
|---|---|---|---|
| 7D | -7.0% | -0.8% | 1.3% |
| 1Y | -7.7% | -8.8% | 5.3% |
Return vs Industry: STEP exceeded the Canadian Energy Services industry which returned -8.9% over the past year.
Return vs Market: STEP underperformed the Canadian Market which returned 5.3% over the past year.
Price Volatility
| STEP volatility | |
|---|---|
| STEP Average Weekly Movement | 6.3% |
| Energy Services Industry Average Movement | 7.3% |
| Market Average Movement | 9.4% |
| 10% most volatile stocks in CA Market | 17.7% |
| 10% least volatile stocks in CA Market | 3.9% |
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 (6%) has been stable over the past year.
Community vs My Fair Value
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About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 1,251 | Steve Glanville | www.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
| STEP fundamental statistics | |
|---|---|
| Market cap | CA$268.04m |
| Earnings (TTM) | CA$1.76m |
| Revenue (TTM) | CA$954.97m |
152.1x
P/E Ratio0.3x
P/S RatioIs STEP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| STEP income statement (TTM) | |
|---|---|
| Revenue | CA$954.97m |
| Cost of Revenue | CA$844.78m |
| Gross Profit | CA$110.19m |
| Other Expenses | CA$108.42m |
| Earnings | CA$1.76m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
May 15, 2025
| Earnings per share (EPS) | 0.025 |
| Gross Margin | 11.54% |
| Net Profit Margin | 0.18% |
| Debt/Equity Ratio | 15.3% |
How did STEP perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/13 02:52 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Waqar Syed | ATB Capital Markets |
| John Gibson | BMO Capital Markets Equity Research |