Source Energy Services (SHLE.TO) Stock Price

Source Energy Services Price

TSX·CLOSED
12.00CAD-0.22 (-1.82 %)
Market closed

Over the last 11 years Source Energy Services grew revenue by 15.3% annually, reaching 700.31 M CAD. Earnings per share have declined at 54.8% per year over the last 2 years. For Source Energy Services, the net margin of 4.7% is up versus -17.5% a few years ago. The consensus 12-month price target for Source Energy Services is 18.11 CAD, about 50.9% above where the stock trades today. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 14% above its 52-week low.

Source Energy Services stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Source Energy Services over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Source Energy Services stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Source Energy Services's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Source Energy Services Stock Price History
DateSource Energy Services Price
8/20/202612.00 CAD
8/19/202612.22 CAD
8/18/202612.67 CAD
8/17/202612.46 CAD
8/14/202612.71 CAD
8/13/202612.25 CAD
8/12/202612.00 CAD
8/10/202612.01 CAD
8/7/202612.00 CAD
8/6/202612.08 CAD
8/5/202611.96 CAD
8/4/202611.64 CAD
7/31/202611.55 CAD
7/30/202611.67 CAD
7/29/202611.46 CAD
7/27/202612.50 CAD
7/23/202612.40 CAD
7/22/202612.22 CAD
7/21/202611.95 CAD
7/20/202611.92 CAD
7/17/202612.66 CAD
7/16/202612.77 CAD
7/15/202613.06 CAD
7/14/202613.40 CAD
7/13/202614.00 CAD
7/10/202613.95 CAD
7/9/202613.95 CAD
7/8/202614.10 CAD
7/7/202614.00 CAD
7/6/202614.22 CAD
7/3/202614.13 CAD
7/2/202614.36 CAD
6/30/202613.93 CAD
6/29/202613.60 CAD
6/26/202613.62 CAD
6/25/202613.67 CAD
6/24/202613.48 CAD
6/23/202613.52 CAD
6/22/202613.51 CAD
6/19/202613.50 CAD
6/18/202613.32 CAD
6/17/202614.00 CAD
6/16/202613.45 CAD
6/15/202613.48 CAD
6/12/202613.77 CAD
6/11/202613.29 CAD
6/10/202614.23 CAD
6/9/202613.90 CAD
6/8/202614.45 CAD
6/5/202614.49 CAD
6/4/202614.80 CAD
6/3/202614.62 CAD
6/2/202613.95 CAD
6/1/202613.63 CAD
5/29/202613.64 CAD
5/28/202613.61 CAD
5/27/202613.78 CAD
5/26/202614.48 CAD
5/25/202614.75 CAD
5/22/202615.07 CAD
5/21/202614.96 CAD
5/20/202614.78 CAD
5/19/202614.56 CAD
5/15/202614.79 CAD
5/14/202614.82 CAD
5/13/202614.75 CAD
5/12/202615.01 CAD
5/11/202615.23 CAD
5/8/202615.03 CAD
5/7/202616.55 CAD
5/6/202616.90 CAD
5/5/202617.57 CAD
5/4/202617.80 CAD
5/1/202617.61 CAD
4/30/202617.83 CAD
4/29/202618.28 CAD
4/28/202616.62 CAD
4/27/202616.77 CAD
4/24/202616.24 CAD
4/23/202616.46 CAD
4/22/202615.73 CAD
4/21/202615.28 CAD
4/20/202615.40 CAD
4/17/202615.22 CAD
4/16/202615.14 CAD
4/15/202615.09 CAD
4/14/202614.83 CAD
4/13/202614.85 CAD
4/10/202614.62 CAD
4/9/202614.56 CAD
4/8/202614.65 CAD
4/7/202614.57 CAD
4/6/202614.87 CAD
4/2/202614.75 CAD
3/27/202615.00 CAD
3/26/202615.13 CAD
3/25/202615.34 CAD
3/24/202615.47 CAD
3/23/202615.76 CAD
3/20/202616.04 CAD
3/19/202616.49 CAD
3/17/202616.50 CAD
3/16/202616.45 CAD
3/15/202616.33 CAD
3/12/202615.76 CAD
3/11/202616.43 CAD
3/10/202615.49 CAD
3/9/202616.11 CAD
3/8/202616.90 CAD
3/5/202616.92 CAD
3/4/202617.04 CAD
3/3/202616.91 CAD
3/2/202617.40 CAD
3/1/202617.44 CAD
2/26/202616.65 CAD
2/25/202617.90 CAD
2/24/202617.46 CAD
2/23/202617.19 CAD
2/22/202616.97 CAD
2/19/202617.64 CAD
2/18/202617.78 CAD
2/17/202617.77 CAD
2/16/202617.92 CAD
2/12/202617.82 CAD
2/11/202617.69 CAD
2/10/202617.86 CAD
2/9/202616.90 CAD
2/8/202616.52 CAD
2/5/202616.21 CAD
2/4/202615.62 CAD
2/3/202616.62 CAD
2/2/202616.44 CAD
2/1/202616.40 CAD
1/29/202617.30 CAD
1/28/202616.51 CAD
1/27/202615.64 CAD
1/26/202616.43 CAD
1/25/202616.22 CAD
1/22/202616.24 CAD
1/21/202616.61 CAD
1/20/202616.82 CAD
1/19/202616.66 CAD
1/18/202616.50 CAD
1/15/202616.90 CAD
1/14/202617.00 CAD
1/13/202616.90 CAD
1/12/202617.13 CAD
1/11/202616.43 CAD
1/8/202615.81 CAD
1/7/202615.58 CAD
1/6/202615.52 CAD
1/5/202615.75 CAD
1/4/202615.61 CAD
1/1/202615.72 CAD
12/30/202515.19 CAD
12/29/202515.00 CAD
12/28/202514.99 CAD
12/23/202515.26 CAD
12/22/202515.55 CAD
12/21/202514.86 CAD
12/18/202514.90 CAD
12/17/202514.23 CAD
12/16/202514.59 CAD
12/15/202514.70 CAD
12/14/202514.51 CAD
12/11/202515.40 CAD
12/10/202515.50 CAD
12/9/202515.80 CAD
12/8/202514.67 CAD
12/7/202514.78 CAD
12/4/202514.75 CAD
12/3/202514.31 CAD
12/2/202514.59 CAD
12/1/202513.15 CAD
11/30/202512.60 CAD
11/27/202512.25 CAD
11/26/202511.76 CAD
11/25/202511.63 CAD
11/24/202511.17 CAD
11/23/202510.94 CAD
11/20/202510.71 CAD
11/19/202510.53 CAD
11/18/202510.78 CAD
11/17/202510.73 CAD
11/16/202510.80 CAD
11/13/202511.22 CAD
11/12/202511.15 CAD
11/11/202511.72 CAD
11/10/202511.45 CAD
11/9/202511.21 CAD
11/6/202510.71 CAD
11/5/202512.21 CAD
11/4/202511.99 CAD
11/3/202512.25 CAD
11/2/202512.61 CAD
10/30/202512.31 CAD
10/29/202511.92 CAD
10/28/202511.88 CAD
10/27/202511.26 CAD
10/26/202511.68 CAD
10/23/202511.79 CAD
10/22/202511.78 CAD
10/21/202512.00 CAD
10/20/202511.27 CAD
10/19/202511.44 CAD
10/16/202511.41 CAD
10/15/202511.54 CAD
10/14/202512.01 CAD
10/13/202511.98 CAD
10/9/202512.00 CAD
10/8/202513.60 CAD
10/7/202514.07 CAD
10/6/202513.52 CAD
10/5/202513.44 CAD
10/2/202513.26 CAD
10/1/202513.36 CAD
9/30/202513.50 CAD
9/29/202513.76 CAD
9/28/202513.93 CAD
9/25/202514.09 CAD
9/24/202514.04 CAD
9/23/202514.20 CAD
9/22/202514.14 CAD
9/21/202514.25 CAD
9/18/202513.80 CAD
9/17/202513.81 CAD
9/16/202513.90 CAD
9/15/202513.93 CAD
9/14/202514.48 CAD
9/11/202514.16 CAD
9/10/202513.85 CAD
9/9/202514.59 CAD
9/8/202513.80 CAD
9/7/202514.05 CAD
9/4/202513.93 CAD
9/3/202513.81 CAD
9/2/202513.95 CAD
9/1/202514.00 CAD
8/28/202514.22 CAD
8/27/202514.68 CAD
8/26/202514.57 CAD
8/25/202514.17 CAD
8/24/202514.49 CAD
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Source Energy Services Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
319.86 M CAD
3.66 M CAD
-56.11 M CAD
Jan 1, 2022
415.91 M CAD
17.48 M CAD
-2.93 M CAD
Jan 1, 2023
569.75 M CAD
60.70 M CAD
167.35 M CAD
Jan 1, 2024
673.95 M CAD
65.29 M CAD
9.51 M CAD
Jan 1, 2025
700.31 M CAD
49.17 M CAD
33.08 M CAD
Jan 1, 2026 (e)
648.75 M CAD
82.65 M CAD
15.61 M CAD
Jan 1, 2027 (e)
722.30 M CAD
92.02 M CAD
41.23 M CAD
Jan 1, 2028 (e)
728.00 M CAD
92.75 M CAD
41.63 M CAD

Source Energy Services Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 22, 2026, 11:43 AM
 
REVENUEM CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM CAD
EBITM CAD
EBIT MARGIN%
NET INCOMEM CAD
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e
146.00153.00139.00289.00415.00332.00249.00319.00415.00569.00673.00700.00648.00722.00728.00
–4.79-9.15107.9143.60-20.00-25.0028.1130.0937.1118.284.01-7.4311.420.83
31.5118.955.0417.6516.6311.149.6412.2313.9819.1618.8713.2913.2913.2913.29
46.0029.007.0051.0069.0037.0024.0039.0058.00109.00127.0093.0086.0995.9296.72
24.005.00-24.0020.0023.00-85.00-9.003.0017.0060.0065.0049.0082.0092.0092.00
16.443.27-17.276.925.54-25.60-3.610.944.1010.549.667.0012.6512.7412.64
17.00-9.00-43.00-8.00-2.00-89.00-185.00-56.00-2.00167.009.0033.0015.0041.0041.00
–-152.94377.78-81.40-75.004,350.00107.87-69.73-96.43-8,450.00-94.61266.67-54.55173.33–
13.0813.084.304.195.134.974.9713.5513.5513.5513.5513.0813.0813.0813.08
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Source Energy Services generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Source Energy Services retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Source Energy Services's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Source Energy Services has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Source Energy Services's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Source Energy Services stock margins

The Source Energy Services margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Source Energy Services. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Source Energy Services.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
12.30 %
1.14 %
-17.54 %
Jan 1, 2022
13.98 %
4.20 %
-0.70 %
Jan 1, 2023
19.20 %
10.65 %
29.37 %
Jan 1, 2024
18.89 %
9.69 %
1.41 %
Jan 1, 2025
13.40 %
7.02 %
4.72 %
Jan 1, 2026 (e)
13.40 %
12.74 %
2.41 %
Jan 1, 2027 (e)
13.40 %
12.74 %
5.71 %
Jan 1, 2028 (e)
13.40 %
12.74 %
5.72 %

Source Energy Services Stock Revenue, EBIT, Earnings per Share

The Source Energy Services earnings per share therefore indicates how much revenue Source Energy Services has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
23.61 CAD
0.27 CAD
-4.14 CAD
Jan 1, 2022
30.71 CAD
1.29 CAD
-0.22 CAD
Jan 1, 2023
42.06 CAD
4.48 CAD
12.35 CAD
Jan 1, 2024
49.76 CAD
4.82 CAD
0.70 CAD
Jan 1, 2025
53.54 CAD
3.76 CAD
2.53 CAD
Jan 1, 2026 (e)
48.62 CAD
6.32 CAD
1.17 CAD
Jan 1, 2027 (e)
54.14 CAD
7.04 CAD
3.09 CAD
Jan 1, 2028 (e)
54.56 CAD
7.09 CAD
3.12 CAD

Source Energy Services business model & stock analysis

Source Energy Services Ltd, founded in 2017, is a Canadian company specializing in the extraction, processing, and sale of proppants, also known as frac sand. The company is headquartered in Calgary, Alberta, and operates multiple branches in Canada and the USA. The frac sand industry is an important component of shale gas and shale oil production, as frac sand is a key component in fracturing technology. Shale gas and shale oil producers use a fluid consisting primarily of water and sand to hydraulically create cracks in underground rock formations. Fracturing creates pathways for oil and gas to flow to the surface through the cracks. The use of frac sand, specially treated and cleaned sand, enhances the effectiveness of the fluid and maximizes the permeability of the cracks. Source Energy Services offers a wide range of proppants tailored to the needs of its customers. The company produces and sells raw and processed sand, including Northern White Sand and Brown Sand, and also provides coatings that reduce the surface tension of the sand to ensure better flow of the fracturing fluid. Additionally, the company also offers transportation services to deliver the sand to its customers' production sites. Source Energy Services has a state-of-the-art processing facility in Wisconsin, USA, capable of producing and delivering large quantities of frac sand in a short period of time. The facility is equipped with advanced technologies and automated systems that improve the quality and efficiency of production while minimizing downtime. This ensures that the company can provide its customers with reliable and high-quality delivery of frac sand. Source Energy Services also offers a wide range of fracking services, including equipment rental, logistics, and operation of fracking equipment. The company provides comprehensive solutions tailored to its customers' needs. With an experienced team of engineers, technicians, and employees, the company can assist its customers in the planning, implementation, and optimization of fracturing projects. In summary, Source Energy Services Ltd offers its customers a wide range of frac sand products and services tailored to their needs. With its modern production facility and experienced team, the company can provide its customers with reliable and high-quality deliveries of proppants. The company's business model focuses on providing comprehensive solutions to customers in the shale gas and shale oil industry, positioning Source Energy Services as a key player in the frac sand industry.

Source Energy Services SWOT Analysis

Strengths

Source Energy Services Ltd has a strong market presence in the energy industry, which allows them to secure contracts with major clients.

The company has a diverse and reliable supply chain, ensuring consistent availability of energy resources.

Source Energy Services Ltd has a highly skilled and experienced workforce, capable of handling complex projects efficiently.

Weaknesses

The company has a heavy dependence on a few key clients, which leaves them vulnerable to fluctuations in demand or contract cancellations.

Source Energy Services Ltd has limited geographical reach, potentially restricting their growth opportunities in new markets.

The company may face challenges in adapting to rapidly changing technologies and industry trends.

Opportunities

There is a growing demand for clean and renewable energy sources, presenting an opportunity for Source Energy Services Ltd to diversify their offerings and capture a larger market share.

The company can expand their operations internationally to tap into emerging markets with increasing energy demands.

Technological advancements in the energy sector offer possibilities for innovative solutions and improved efficiency.

Threats

Source Energy Services Ltd faces intense competition from other energy service providers, which may result in price wars and reduced profit margins.

Government regulations and policies regarding energy production and distribution can impact the company's operations and profitability.

Fluctuating commodity prices can affect the overall demand for energy products and services.

Source Energy Services Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Source Energy Services historical P/E ratio, EBIT multiple, and P/S ratio

Source Energy Services annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Source Energy Services shares outstanding

The number of shares of Source Energy Services was 13.08 M in 2025. This indicates how many shares Source Energy Services is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
13.55 M Stocks
Jan 1, 2022
13.55 M Stocks
Jan 1, 2023
13.55 M Stocks
Jan 1, 2024
13.55 M Stocks
Jan 1, 2025
13.08 M Stocks
Jan 1, 2026 (e)
13.08 M Stocks
Jan 1, 2027 (e)
13.08 M Stocks
Jan 1, 2028 (e)
13.08 M Stocks

Source Energy Services stock splits

In Source Energy Services's history, there have been no stock splits.

Current Source Energy Services forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
75.00 % (6)
Hold
25.00 % (2)
Sell
0.00 % (0)
12M Price Target
18.11
Last Price
12.00
Currency
CAD
12M Return Potential
50.88 %
LTM Return
0 %

Source Energy Services Earnings Calls

2025

Source Energy Services Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/2/20240.78CAD--CAD-2024 Q1
3/6/20240.55CAD-138.82 MCAD-2023 Q4
7/25/2023-0.03CAD--CAD-2023 Q2
5/3/20230.07CAD--CAD-2023 Q1
3/7/2023-0.65CAD--CAD-2022 Q4
11/7/20220.01CAD--CAD-2022 Q3
7/27/2022-0.17CAD--CAD-2022 Q2
5/5/2022-0.62CAD--CAD-2022 Q1
3/8/2022-0.52CAD--CAD-2021 Q4
11/4/20210.01CAD--CAD-2021 Q3

Source Energy Services shareholder structure

% Name
0.71557%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.43321%
Timelo Investment Management Inc.
Timelo Investment Management Inc.
0.15587%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
0.07975%
Lazard Asset Management, L.L.C.
Lazard Asset Management, L.L.C.
0.05981%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.04875%
DFA Australia Ltd.
DFA Australia Ltd.

Source Energy Services Beneficial Ownership Filings (SEC 13D/G)

Free Float
91.7%
Float Shares
-
Shares Outstanding
-

Source Energy Services Executives and Management Board

8 members · avg. age 58 · 0 % women

SM

Mr. Scott Melbourn (51)

President, Chief Executive Officer and Director

2.63 M CAD

Management

DN

Mr. Derren Newell

Executive Vice President and Chief Financial Officer · since 2022

2.17 M CAD
SF

Mr. Shawn Furlong

President - Production

1.99 M CAD
JF

Mr. Jarett Finney

President - Distribution

1.97 M CAD
KK

Mr. Kurtis Kisio

Vice President - Sales

1.96 M CAD

Board of Directors

CJ

Mr. Christopher Johnson (50)

Independent Chairman of the Board

183,801.00 CAD
SS

Mr. Steven Sharpe (71)

Independent Director

151,799.00 CAD
JB

Mr. Jeff Belford (60)

Independent Director

136,800.00 CAD

Frequently asked questions about Source Energy Services

The business model of Source Energy Services Ltd revolves around providing high-quality, cost-effective proppants and logistics solutions to the oil and gas industry. As a leading integrated supplier, Source Energy Services Ltd focuses on sourcing, producing, and delivering a wide range of proppants, including frac sand and resin-coated products. By offering comprehensive services such as storage, transportation, and transloading, the company ensures efficient and timely delivery of its products to oil and gas exploration and production companies. Source Energy Services Ltd's business model aims to meet the industry's demand for superior proppant products while providing end-to-end solutions that optimize operational efficiency and enhance well performance.

Source Energy Services Ltd is primarily active in the oil and gas industry.

Some of the main competitors of Source Energy Services Ltd in the market include Hi-Crush Inc., U.S. Silica Holdings Inc., and Badger Mining Corporation.

Source Energy Services Ltd is a leading provider of integrated proppant solutions to the North American oil and gas industry. Founded in 2017, the company has established itself as a trusted partner in the supply and distribution of high-quality frac sand, an essential component for hydraulic fracturing operations. With a keen focus on customer satisfaction, Source Energy Services has strategically positioned itself as a key player in the industry, delivering innovative solutions while maintaining a commitment to sustainability. As Canada's largest integrated proppant supply company, Source Energy Services continues to expand its operations and enhance its service offerings to meet the evolving needs of the energy sector.

Some significant milestones that Source Energy Services Ltd has achieved include its initial public offering in April 2017, becoming the first publicly traded frac sand supply company in Canada. The company also expanded its operations by acquiring two frac sand terminals in Wisconsin, USA in 2018, enhancing its market reach and supply capabilities. Additionally, Source Energy Services Ltd has successfully maintained key relationships with major oil and gas exploration and production companies, solidifying its position as a leading supplier of high-quality proppants in North America.

Source Energy Services Ltd is primarily present in Canada and the United States.

Source Energy Services Ltd represents a strong commitment to providing high-quality, sustainable solutions in the energy industry. The company upholds values of integrity, innovation, and excellence, which drive their operations and decision-making processes. Source Energy Services Ltd is dedicated to delivering superior customer service, ensuring the utmost satisfaction for their clients. With a focus on environmental responsibility, the company strives to minimize their ecological footprint and actively supports sustainable practices. Source Energy Services Ltd actively invests in research and development to continuously improve their technologies and offerings in order to meet the evolving needs of the industry.

Analysts currently set an average price target of 18.11 CAD for the Source Energy Services stock (median: 18.11 CAD), implying +50.9 % versus the latest price. The consensus is based on 8 analyst ratings.

Source Energy Services Analyst Price Targets 2026

8 analysts currently rate the Source Energy Services stock: 6 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Source Energy Services to generate revenue of 648.75 M CAD and earnings per share of 1.19 CAD.

Source Energy Services Analyst Price Targets 2026

Converted at the current exchange rate, the Source Energy Services share trades at 7.46 EUR (12.00 CAD).

The Source Energy Services share (SHLE.TO) is listed on 3 stock exchanges, including: Frankfurt (S4O0.F), Toronto (SHLE.TO).

Source Energy Services Ltd is a leading provider of proppants and logistics solutions for the oil and gas industry in North America. The Canadian company was founded in 2017 and is headquartered in Calgary, Alberta. The business model of Source Energy Services includes three main divisions: the sale of proppants, the rental of logistics equipment, and the provision of logistics services. Proppants are sand or ceramic particles used in hydraulic fracturing processes to improve the flow of oil and gas. The company offers a wide range of proppants, including Northern White Sand, Brown Sand, and ceramic proppants. These are available in various sizes and quality grades to meet the specific requirements of customers. The rental of logistics equipment such as silo trucks and conveyor belts is another important division of Source Energy Services. These devices are used to transport proppants from production facilities to fracturing sites. By renting the equipment, the company provides its customers with a flexible and cost-effective solution for their logistics needs. Another focus of Source Energy Services' business model is the provision of logistics services. This includes the planning, organization, and monitoring of transportation, as well as the storage and handling of proppants at various logistics locations. The company relies on modern IT systems and processes to ensure fast and reliable order processing. Sustainability is also an important aspect of Source Energy Services' business model. The company places great emphasis on environmental protection and works closely with its customers to develop sustainable solutions for the use of proppants. For example, the company uses recycled water and reduces CO2 emissions through the use of more efficient logistics processes and equipment. Overall, Source Energy Services' business model is focused on offering its customers comprehensive and customized solutions for their needs in the oil and gas industry. By combining proppants, logistics equipment, and services, the company provides an integrated value chain that helps its customers reduce costs and increase efficiency. As a leading provider of proppants and logistics solutions in North America, Source Energy Services has earned a reputation as a reliable and innovative partner to the oil and gas industry. The company is committed to continue offering its customers high-quality products and services while also contributing to environmental protection.

The expected revenue of Source Energy Services is 648.75 M CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Source Energy Services is 15.61 M CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Source Energy Services is currently 10.06. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Source Energy Services stock.

The price-to-sales ratio (P/S) of Source Energy Services is currently 0.24. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Source Energy Services stock.

The Eulerpool Quality Score for Source Energy Services is 5/10.

The ISIN of Source Energy Services is CA83615X4075. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Source Energy Services is A2QQHD. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Source Energy Services is SHLE.TO. The ticker symbol is used to trade Source Energy Services shares on the stock exchange.

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

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

The dividends of Source Energy Services are distributed in CAD.

All fundamentals and in-depth analysis of Source Energy Services

Our stock analysis for Source Energy Services 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 Source Energy Services. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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