TSE:SHLE

Source Energy Services Stock Forecast, Price & News

C$1.30

+0.08 (+6.56 %)

(As of 06/15/2021 12:00 AM ET)

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Today's Range

C$1.20

▼

C$1.30

50-Day Range

C$1.15

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C$1.75

52-Week Range

C$0.72

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C$3.57

Volume10,582 shs

Average Volume29,783 shs

Market CapitalizationC$17.61 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Source Energy Services

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.

Oil shale market driven by rising demand for energy along with the depletion of non-renewable energy sources like crude oil | ARC
June 14, 2021 | marketwatch.com

Source Energy Services (TSE:SHLE) Shares Down 2.1%
May 28, 2021 | americanbankingnews.com

Completion Equipment & Services Market Size 2021 Analysis by Type and Application, Share, Growth, Manufacturers, Regions & forecast to 2024
April 21, 2021 | marketwatch.com

Shale Patch Feeling the Cost Creep as Workers Return to Drilling
March 24, 2021 | msn.com

Global Shale Gas Hydraulic Fracturing Market 2020 Key Dynamics, Recent and Future Demand, Trend, Analysis upto 2025
March 16, 2021 | marketwatch.com

Wave and Tidal Energy Market Expected to Grow at a CAGR of 24% during 2019- 2027|Carnegie Wave Energy Ltd, Ocean Power Technologies, Inc
February 22, 2021 | marketwatch.com

Texas grid failure ignites feud over Republican oversight of the energy industry
February 18, 2021 | cnbc.com

Managed Pressure Drilling Services Market Key Drivers, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2026
February 17, 2021 | marketwatch.com

ESI Energy Services Inc. Termination of Cobalt Agreement - Going Private Transaction
February 16, 2021 | markets.businessinsider.com

Wave And Tidal Energy Market | Strategic Assessment By Top Players 2027 | ARC
February 11, 2021 | marketwatch.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Oil & Gas Equipment & Services
Sub-IndustryN/A
SectorEnergy
Current SymbolTSE:SHLE
Previous Symbol
CUSIPN/A
CIKN/A
Websourceenergyservices.com
Phone403-262-1312
Employees354
Year FoundedN/A

Sales & Book Value

Annual SalesC$235.30 million
Price / Sales0.07
Cash FlowC$0.06 per share
Price / Cash Flow20.40
Book ValueC$1.86 per share
Price / Book0.70

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares13,545,000
Market CapC$17.61 million
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.03 out of 5 stars

2.0 Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of C$2.00, Source Energy Services has a forecasted upside of 53.8% from its current price of C$1.30.
Amount of Analyst Coverage
Source Energy Services has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Source Energy Services has received 148 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Source Energy Services has received 144 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Source Energy Services has received 50.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Source Energy Services and other stocks. Vote “Outperform” if you believe SHLE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHLE will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Source Energy Services insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Source Energy Services is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Source Energy Services is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Source Energy Services has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Source Energy Services (TSE:SHLE) Frequently Asked Questions

What stocks does MarketBeat like better than Source Energy Services?

Wall Street analysts have given Source Energy Services a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Source Energy Services wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Source Energy Services' stock price been impacted by COVID-19 (Coronavirus)?

Source Energy Services' stock was trading at C$0.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHLE shares have increased by 983.3% and is now trading at C$1.30.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for SHLE?

0 Wall Street analysts have issued 12-month target prices for Source Energy Services' shares. Their forecasts range from C$2.00 to C$2.00. On average, they anticipate Source Energy Services' stock price to reach C$2.00 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price.
View analysts' price targets for Source Energy Services or view top-rated stocks among Wall Street analysts.

Who are Source Energy Services' key executives?

Source Energy Services' management team includes the following people:

Mr. Bradley J. Thomson, CEO, Pres & Director (Age 64, Pay $426.51k)
Mr. Derren J. Newell, VP & Chief Financial Officer (Age 52, Pay $266.97k)
Mr. Scott Melbourn, Chief Operating Officer
Mr. Kurtis Kisio, VP of Sales
Mr. Kelly Roncin, Sr. VP of Operations
Mr. Shawn Furlong, Health & Safety Director

Who are some of Source Energy Services' key competitors?

Some companies that are related to Source Energy Services include CWC Energy Services (CWC), Velocys (VLS), Essential Energy Services (ESN), MATRRIX Energy Technologies (MXX), China New Energy Limited (CNEL.L) (CNEL), Pressure Technologies (PRES), NXT Energy Solutions (SFD), McCoy Global (MCB), Vertex Resource Group (VTX), Getech Group (GTC), Plexus (POS), Enteq Upstream (NTQ), Gulf Marine Services (GMS), HTC Purenergy (HTC) and ClearStream Energy Services (CSM).
View all of SHLE's competitors.

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 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$1.30.

How much money does Source Energy Services make?

Source Energy Services has a market capitalization of C$17.61 million and generates C$235.30 million in revenue each year.

How many employees does Source Energy Services have?

Source Energy Services employs 354 workers across the globe.

What is Source Energy Services' official website?

The official website for Source Energy Services is sourceenergyservices.com.

Where are Source Energy Services' headquarters?

Source Energy Services is headquartered at 100-438 11 Ave SE, CALGARY, AB T2G 0Y4, Canada.

How can I contact Source Energy Services?

Source Energy Services' mailing address is 100-438 11 Ave SE, CALGARY, AB T2G 0Y4, Canada. The company can be reached via phone at 403-262-1312.

This page was last updated on 6/16/2021 by MarketBeat.com Staff

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