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Secure Energy Services - Stock

Secure Energy Services P/E 2024

Secure Energy Services P/E

7.77

Ticker

SES.TO

ISIN

CA81373C1023

WKN

A1CWJR

As of Jun 11, 2024, Secure Energy Services's P/E ratio was 7.77, a -15.54% change from the 9.2 P/E ratio recorded in the previous year.

The Secure Energy Services P/E history

Secure Energy Services Aktienanalyse

What does Secure Energy Services do?

Secure Energy Services Inc is a Canadian company that offers a wide range of oil and gas services. The company was founded in 2007 and is headquartered in Calgary, Alberta. They are listed on the Toronto Stock Exchange and have experienced rapid growth since their inception by continuously expanding their services and capabilities. Secure Energy Services' business model is based on providing comprehensive solutions for the oil and gas industry. They offer a range of services including fluid treatment, storage and transportation, waste treatment, drilling, and manufacturing. The company has a strong presence in Western Canada and also serves customers in the United States. They have various business segments aligned with different sectors of the oil and gas industry. One of their main segments is fluid treatment, where they provide services such as treating drilling fluids, dehydrating and desalinating oil and gas, and condensate processing. Another important segment is waste treatment, where Secure Energy Services offers comprehensive waste treatment services including treating drilling mud and oilfield waste, as well as running recycling programs for chemicals and materials. They also operate the only approved landfill for radioactively contaminated materials produced in Canada. The company also has a strong presence in fluid transportation and storage related to oil and gas production. They operate a fleet of tank trucks and offer storage solutions for various fluids including crude oil, frac fluids, and wastewater. In addition, Secure Energy Services provides various drilling and manufacturing services such as drilling and completion fluids, wellbore monitoring, and energy services. By complementing these services, they have been able to expand their portfolio to cover the entire spectrum of oil and gas production. In addition to the individual business segments, Secure Energy Services also offers various testing and monitoring services to ensure that products meet industry-specific regulatory standards during production, storage, and transportation. Overall, Secure Energy Services has established a strong market position and is a significant provider of services to the oil and gas industry. Through a wide range of tailored services for specific business segments in the industry, they have become a key market player and are focused on stable and sustainable business development. The company has made several acquisitions during its short history to expand its business and it is likely to continue this growth path in the future. Secure Energy Services has focused on keeping track of customer needs and market dynamics and is expected to continue successfully growing and diversifying to meet the needs of the oil and gas industry in Canada and the United States. Secure Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Secure Energy Services's P/E Ratio

The Price to Earnings (P/E) Ratio of Secure Energy Services is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Secure Energy Services's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Secure Energy Services is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Secure Energy Services’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Secure Energy Services Stock

What is the price-to-earnings ratio of Secure Energy Services?

The price-earnings ratio of Secure Energy Services is currently 7.77.

How has the price-earnings ratio of Secure Energy Services changed compared to last year?

The price-to-earnings ratio of Secure Energy Services has increased by -15.54% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Secure Energy Services high compared to other companies?

Yes, the price-to-earnings ratio of Secure Energy Services is high compared to other companies.

How does an increase in the price-earnings ratio of Secure Energy Services affect the company?

An increase in the price-earnings ratio of Secure Energy Services would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Secure Energy Services affect the company?

A decrease in the price-earnings ratio of Secure Energy Services would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Secure Energy Services?

Some factors that influence the price-earnings ratio of Secure Energy Services are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Secure Energy Services pay?

Over the past 12 months, Secure Energy Services paid a dividend of 0.4 CAD . This corresponds to a dividend yield of about 3.31 %. For the coming 12 months, Secure Energy Services is expected to pay a dividend of 0.02 CAD.

What is the dividend yield of Secure Energy Services?

The current dividend yield of Secure Energy Services is 3.31 %.

When does Secure Energy Services pay dividends?

Secure Energy Services pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Secure Energy Services?

Secure Energy Services paid dividends every year for the past 0 years.

What is the dividend of Secure Energy Services?

For the upcoming 12 months, dividends amounting to 0.02 CAD are expected. This corresponds to a dividend yield of 0.2 %.

In which sector is Secure Energy Services located?

Secure Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Secure Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Secure Energy Services from 4/15/2024 amounting to 0.1 CAD, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Secure Energy Services pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Secure Energy Services in the year 2023?

In the year 2023, Secure Energy Services distributed 0.123 CAD as dividends.

In which currency does Secure Energy Services pay out the dividend?

The dividends of Secure Energy Services are distributed in CAD.

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Andere Kennzahlen von Secure Energy Services

Our stock analysis for Secure Energy Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Secure Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.