TSE:SHLE

Source Energy Services - SHLE Stock Forecast, Price & News

C$2.80

+0.04 (+1.45%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: C$2.65
▼
C$2.83
50-Day Range: C$2.05
▼
C$3.41
52-Week Range: C$1.09
▼
C$3.50

Volume: 2,780 shs
Average Volume: 20,209 shs
Market Capitalization: C$37.94 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$3.50

About Source Energy Services (TSE:SHLE) Stock

Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops wellsite mobile sand storage and handling system. The company was founded in 2017 and is headquartered in Calgary, Canada.

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SHLE Stock News Headlines

March 8, 2023 | finance.yahoo.com

Source Energy Services Reports Q4 2022 and Year End Results

March 6, 2023 | forbes.com

Household Finances: Car Sales Up By Quarter As Supply Woes Ease

March 21, 2023 | Wealthy Millionaire (Ad)

Stock With Groundbreaking Tech

This under-the-radar stock's bulletproof patent could propel it into another dimension.

March 5, 2023 | msn.com

Thirst for crude oil puts $100 a barrel back into view

March 5, 2023 | ca.finance.yahoo.com

Forget Peak Oil Demand: A Thirst for Barrels Puts $100 in View

March 3, 2023 | marketwatch.com

The Natural Gas Compressor Market Research Report Provides Highlights of Knowledge About this Market Size

March 1, 2023 | marketwatch.com

Shale Gas Hydraulic Fracturing Market 2023 Key Trends, Applications & Future Developments to 2028

February 17, 2023 | marketwatch.com

Oil Field Equipment Market In 2023 By In-depth Analysis of Revenue Forecast and Competitive Landscape 2028

March 21, 2023 | PressReach (Ad)

This Stock Has Room To Run

Analysts believe this stock's product demand could rise quickly in the next few years.

February 9, 2023 | money.usnews.com

7 Best Natural Gas Stocks to Buy in 2023

February 3, 2023 | msn.com

Here's Why RPC (RES) is an Attractive Investment Bet Right Now

January 25, 2023 | msn.com

UPDATE 10-Oil falls $2/barrel on economic jitters, U.S. crude stock build

January 24, 2023 | forbes.com

Energy Update: Govt Targets Supplier ‘Bad Behaviour’ Over Prepay Switches

January 20, 2023 | bizjournals.com

Businesses, groups tell lawmakers regulatory burden, high energy costs must be lowered

January 13, 2023 | seekingalpha.com

2023 Market Preview: Value Should Continue To Lead

January 12, 2023 | marketwatch.com

Oil Field Equipment Market Size : Analysis by Size, Share Trends, Emerging Trends, Qualitative Outlook and Worldwide Forecast to 2028

January 11, 2023 | ca.finance.yahoo.com

Equinor (EQNR) Awarded Oil & Gas Production Licenses in Norway

December 27, 2022 | msn.com

Analysis: Argentina's Vaca Muerta shale boom is running out of road

November 24, 2022 | uk.finance.yahoo.com

GCC Well Testing Services Markets Report 2022-2027: High-End Investments in Energy Extraction and Production by Market Players

November 23, 2022 | finance.yahoo.com

The global SCADA market size is anticipated to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a CAGR of 7.8% from 2022 to 2027

November 10, 2022 | finance.yahoo.com

Source Energy Services Ltd.'s (TSE:SHLE) Path To Profitability

November 8, 2022 | finance.yahoo.com

Source Energy Services Reports Q3 2022 Results

October 19, 2022 | reuters.com

Oil prices settle lower on U.S. supply, lower China demand

September 22, 2022 | msn.com

40,000 rail workers to walk out in fresh strike - live updates

September 22, 2022 | reuters.com

Exclusive: Germany in talks over urgent support for regional energy providers

September 17, 2022 | investing.com

New Sources Energy NV (NSEN)

September 15, 2022 | bizjournals.com

Canonsburg firm begins construction on landfill gas project

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:SHLE
CUSIP: N/A
CIK: N/A
Web: sourceenergyservices.com
Phone: 403-262-1312
Fax: N/A
Employees: 351
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$3.50
High Stock Price Forecast: C$3.50
Low Stock Price Forecast: C$3.50
Forecasted Upside/Downside: +25.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.96)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 1.63
P/E Growth: N/A
Net Income: C$-8,770,000.00
Net Margins: -2.11%
Pretax Margin: N/A
Return on Equity: -143.97%
Return on Assets: 2.39%

Debt

Debt-to-Equity Ratio: 4,329.86
Current Ratio: 1.40
Quick Ratio: 0.22

Sales & Book Value

Annual Sales: C$415.91 million
Price / Sales: 0.09
Cash Flow: C$0.11 per share
Price / Cash Flow: 26.31
Book Value: C$0.42 per share
Price / Book: 6.67

Miscellaneous

Outstanding Shares: 13,550,000
Free Float: N/A
Market Cap: C$37.94 million
Optionable: Not Optionable
Beta: 3.03

Key Executives

Mr. Scott Melbourn
Pres & CEO

Mr. Derren J. Newell CA (Age 53)
VP & Chief Financial Officer
Comp: $551.66k

Mr. Kurtis Kisio (Age 37)
VP of Sales & Marketing
Comp: $350.15k

Mr. Kelly Roncin
Pres of Production

Mr. Shawn Furlong
VP of HSE & Sustainability

Mr. Jarett Finney
Pres of Distribution

Key Competitors

View All Competitors

SHLE Stock - Frequently Asked Questions

Should I buy or sell Source Energy Services stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Source Energy Services in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHLE, but not buy additional shares or sell existing shares.
View SHLE analyst ratings or view top-rated stocks.
What is Source Energy Services' stock price forecast for 2023?: 1 brokers have issued 12 month price objectives for Source Energy Services' stock. Their SHLE share price forecasts range from C$3.50 to C$3.50. On average, they anticipate the company's share price to reach C$3.50 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for SHLE or view top-rated stocks among Wall Street analysts.
How have SHLE shares performed in 2023?: Source Energy Services' stock was trading at C$1.89 at the beginning of the year. Since then, SHLE stock has increased by 48.1% and is now trading at C$2.80.
View the best growth stocks for 2023 here.
What other stocks do shareholders of Source Energy Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Source Energy Services investors own include AltaGas (ALA), Enbridge (ENB), Finning International (FTT), Air Canada (AC), Automotive Properties Real Est Invt TR (APR.UN), Algonquin Power & Utilities (AQN), Aecon Group (ARE), Calfrac Well Services (CFW), Cenovus Energy (CVE) and Editas Medicine (EDIT).

What is Source Energy Services' stock symbol?: Source Energy Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SHLE."
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.
Compare Top Brokerages Here.
What is Source Energy Services' stock price today?: One share of SHLE stock can currently be purchased for approximately C$2.80.
How much money does Source Energy Services make?: Source Energy Services (TSE:SHLE) has a market capitalization of C$37.94 million and generates C$415.91 million in revenue each year. The company earns C$-8,770,000.00 in net income (profit) each year or C($0.96) on an earnings per share basis.
How many employees does Source Energy Services have?: The company employs 351 workers across the globe.
How can I contact Source Energy Services?: Source Energy Services' mailing address is 100-438 11 Ave SE, CALGARY, AB T2G 0Y4, Canada. The official website for the company is sourceenergyservices.com. The company can be reached via phone at 403-262-1312.

This page (TSE:SHLE) was last updated on 3/21/2023 by MarketBeat.com Staff

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