Source Energy Services (SHLE) Stock Price, News & Analysis

Company Overview

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system. The company was founded in 1998 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$13.85 to C$14.49
• 50-Day Range: C$12.47 to C$15.56
• 52-Week Range: C$6.79 to C$18.10
• Volume: 15,384 shs
• Average Volume: 34,809 shs
• Market Capitalization: C$183.91 million
• P/E Ratio: 4.68
• Dividend Yield: N/A
• Price Target: C$16.00
• Consensus Rating: Hold

Source Energy Services Stock Analysis - MarketRank™

Source Energy Services scored higher than 28% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Source Energy Services has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Source Energy Services has a consensus price target of C$16.00, representing about 15.5% upside from its current price of C$13.85.

Amount of Analyst Coverage

Source Energy Services has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Source Energy Services is 4.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.34.

Price to Earnings Ratio vs. Sector

The P/E ratio of Source Energy Services is 4.68, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 40.01.

Price to Book Value per Share Ratio

Source Energy Services has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SHLE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Source Energy Services does not currently pay a dividend.

Dividend Growth

Source Energy Services does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SHLE.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.73

News Sentiment

Source Energy Services has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.97 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Source Energy Services this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Source Energy Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$28,500.00 in company stock.

Percentage Held by Insiders

11.09% of the stock of Source Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.20% of the stock of Source Energy Services is held by institutions.

SHLE Stock Analysis - Frequently Asked Questions

How have SHLE shares performed this year?

Source Energy Services' stock was trading at C$16.24 at the beginning of the year. Since then, SHLE shares have decreased by 14.7% and is now trading at C$13.85.

How do I buy shares of Source Energy Services?

Shares of SHLE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Source Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Source Energy Services investors own include AltaGas (ALA), Enbridge (ENB), Agnico Eagle Mines (AEM), AST SpaceMobile (ASTS), Aritzia (ATZ), Intact Financial (IFC) and Intel (INTC).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: N/A
• Current Symbol: TSE:SHLE
• CIK: N/A
• Web: sourceenergyservices.com
• Phone: 403-262-1312
• Fax: N/A
• Employees: 451
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Source Energy Services: C$16.00
• High Price Target: C$16.00
• Low Price Target: C$16.00
• Potential Upside/Downside: +13.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$2.96
• Trailing P/E Ratio: 4.78
• Forward P/E Ratio: 4.38
• P/E Growth: N/A
• Net Income: C$169.48 million
• Net Margins: 24.84%
• Pretax Margin: N/A
• Return on Equity: 95.63%
• Return on Assets: 6.78%

Debt

• Debt-to-Equity Ratio: 126.37
• Current Ratio: 0.61
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: C$738.48 million
• Price / Sales: 0.25
• Cash Flow: C$0.54 per share
• Price / Cash Flow: 26.31
• Book Value: C$13.81 per share
• Price / Book: 1.02

Miscellaneous

• Outstanding Shares: 13,279,000
• Free Float: N/A
• Market Cap: C$187.77 million
• Optionable: Not Optionable
• Beta: 2.56