Should I buy or sell Source Energy Services stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Source Energy Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SHLE shares. View SHLE analyst ratings or view top-rated stocks .

What is Source Energy Services' stock price target for 2024?

1 Wall Street research analysts have issued 12-month price targets for Source Energy Services' stock. Their SHLE share price targets range from C$14.00 to C$15.50. On average, they expect the company's stock price to reach C$14.75 in the next year. This suggests that the stock has a possible downside of 3.0%. View analysts price targets for SHLE or view top-rated stocks among Wall Street analysts .

How have SHLE shares performed in 2024?

Source Energy Services' stock was trading at C$5.96 at the start of the year. Since then, SHLE shares have increased by 155.0% and is now trading at C$15.20. View the best growth stocks for 2024 here .

When is Source Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our SHLE earnings forecast .

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) .

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 .

TSE:SHLE

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

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C$15.27

+0.07 (+0.46%)

(As of 10:54 AM ET)

Compare

Today's Range: C$15.27
▼
C$15.27
50-Day Range: C$7.70
▼
C$15.66
52-Week Range: C$3.78
▼
C$15.77

Volume: 256 shs
Average Volume: 25,253 shs
Market Capitalization: C$206.91 million

P/E Ratio: 1.29
Dividend Yield: N/A
Price Target: C$14.75

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Get Source Energy Services alerts:

Source Energy Services MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.0% Downside
C$14.75 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$114,588 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.18 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Source Energy Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Source Energy Services has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SHLE.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SHLE.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 2 people have added Source Energy Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

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$114,588.00 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 17.30% of the stock of Source Energy Services is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Source Energy Services is 1.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Source Energy Services is 1.28, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.61.
Price to Book Value per Share Ratio
Source Energy Services has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Source Energy Services Stock (TSE:SHLE)

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.

SHLE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHLE Stock News Headlines

March 22, 2024 | insidertrades.com

Derren James Newell Sells 11,500 Shares of Source Energy Services Ltd. (TSE:SHLE) Stock

April 2, 2024 | msn.com

Endless meetings are a productivity nightmare, workers say

April 19, 2024 | InvestorPlace (Ad)

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April 2, 2024 | reuters.com

Aramco awards $7.7 bln in contracts for Fadhili gas expansion

March 28, 2024 | uk.news.yahoo.com

Drivers are still paying over the odds for fuel, competition watchdog fears

March 27, 2024 | fxstreet.com

US Bitcoin miner Giga Energy to launch facility in Argentina

March 15, 2024 | finanznachrichten.de

Loop Energy Inc: CORRECTION FROM SOURCE: H2 Portable Announces Launch of C$15M Subscription Receipt Financing

March 15, 2024 | msn.com

Energy minister promises support for consumers

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March 13, 2024 | sg.finance.yahoo.com

Why Prime Brokers Could Be a Source of Crypto Contagion

March 13, 2024 | nypost.com

Chuck Schumer facing intense pressure as House overwhelmingly passes bill to force TikTok sale

March 13, 2024 | reuters.com

Exclusive: Nordic Capital considers sale of regulatory tech firm Regnology, sources say

March 12, 2024 | powermag.com

UK Leaders Say New Gas-Fired Plants Needed for Energy Security

March 4, 2024 | msn.com

Talen Energy stock gains on sale of zero-carbon data center campus to AWS for $650 million

March 1, 2024 | msn.com

Adani Energy in early talks for up to $500 million dollar bond issue, sources say

February 26, 2024 | msn.com

ExxonMobil considers Vaca Muerta assets sale in Argentina

February 21, 2024 | msn.com

CenterPoint Energy, Inc. (NYSE:CNP) Q4 2023 Earnings Call Transcript

February 13, 2024 | msn.com

Why Endeavor Energy's founder sold his company after years of rebuffing offers

February 11, 2024 | msn.com

Diamondback, Endeavor Energy in talks to create $50 billion company, sources say

February 11, 2024 | msn.com

Diamondback Energy, Endeavor Energy in talks to create $50 billion company, sources say

February 9, 2024 | finance.yahoo.com

Source Energy Services (TSE:SHLE) Is Looking To Continue Growing Its Returns On Capital

February 6, 2024 | uk.finance.yahoo.com

Jindal Power offers $1.68 billion for distressed coal-based power plant, say sources

February 5, 2024 | msn.com

Japan's January service activity surges on strong demand, weak yen

February 2, 2024 | msn.com

TotalEnergies explores US, Europe renewable portfolio stake sale- sources

January 25, 2024 | reuters.com

Serie A explores alternatives to TIM in sponsorship deal talks, sources say

January 6, 2024 | msn.com

UPDATE 2-Southwestern, Chesapeake Energy close to $17 billion merger - source

January 4, 2024 | seekingalpha.com

SHLE:CA

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target: C$14.75
High Stock Price Target: C$15.50
Low Stock Price Target: C$14.00
Potential Upside/Downside: -3.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$11.88
Trailing P/E Ratio: 1.28
Forward P/E Ratio: 6.42
P/E Growth: N/A
Net Income: C$167.34 million
Net Margins: 29.37%
Pretax Margin: N/A
Return on Equity: 191.48%
Return on Assets: 7.08%

Debt

Debt-to-Equity Ratio: 131.13
Current Ratio: 1.26
Quick Ratio: 0.22

Sales & Book Value

Annual Sales: C$569.75 million
Price / Sales: 0.36
Cash Flow: C$0.58 per share
Price / Cash Flow: 26.31
Book Value: C$12.49 per share
Price / Book: 1.22

Miscellaneous

Outstanding Shares: 13,550,000
Free Float: N/A
Market Cap: C$205.96 million
Optionable: Not Optionable
Beta: 2.96

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Key Executives

Mr. Derren J. Newell CA (Age 55)
Executive VP & CFO
Comp: $539.12k
Mr. Kurtis Kisio (Age 39)
Vice President of Sales & Marketing
Comp: $362.91k
Mr. Jarett Finney
President of Distribution
Mr. Shawn Furlong
President of Production

Key Competitors

View All Competitors

Insiders

SHLE Stock Analysis - Frequently Asked Questions

Should I buy or sell Source Energy Services stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Source Energy Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SHLE shares.
View SHLE analyst ratings or view top-rated stocks.
What is Source Energy Services' stock price target for 2024?: 1 Wall Street research analysts have issued 12-month price targets for Source Energy Services' stock. Their SHLE share price targets range from C$14.00 to C$15.50. On average, they expect the company's stock price to reach C$14.75 in the next year. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for SHLE or view top-rated stocks among Wall Street analysts.
How have SHLE shares performed in 2024?: Source Energy Services' stock was trading at C$5.96 at the start of the year. Since then, SHLE shares have increased by 155.0% and is now trading at C$15.20.
View the best growth stocks for 2024 here.
When is Source Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SHLE earnings forecast.

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).
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.

This page (TSE:SHLE) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Source Energy Services MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Source Energy Services Stock (TSE:SHLE)

SHLE Stock Price History

SHLE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

SHLE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™