STEP Energy Services (STEP) Stock Price, News & Analysis

Company Overview

STEP Energy Services is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures. STEP has a high-performance, safety-focused culture and our experienced office and field professionals are committed to providing innovative, environmentally responsible, and cost-effective solutions to our clients. Our Canadian services are focused in the WCSB, while in the U.S., our fracturing and coiled tubing services are focused in the Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.

Key Stats

• Today's Range: C$4.47 to C$4.71
• 50-Day Range: C$3.76 to C$4.71
• 52-Week Range: C$3.35 to C$5.26
• Volume: 7,600 shs
• Average Volume: 48,043 shs
• Market Capitalization: C$334.16 million
• P/E Ratio: 8.09
• Dividend Yield: N/A
• Price Target: C$5.04
• Consensus Rating: Moderate Buy

STEP Energy Services Stock Analysis - MarketRank™

STEP Energy Services scored higher than 23% 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: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

STEP Energy Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

STEP Energy Services has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of STEP Energy Services is 8.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of STEP Energy Services is 8.09, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 64.15.

Price to Book Value per Share Ratio

STEP Energy Services has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued 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 STEP.

Dividend

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

Dividend Yield

STEP Energy Services does not currently pay a dividend.

Dividend Growth

STEP 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 STEP.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.26

News Sentiment

STEP Energy Services has a news sentiment score of 0.26. 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 0.77 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for STEP Energy Services this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, STEP Energy Services insiders have sold 41.52% more of their company's stock than they have bought. Specifically, they have bought C$129,870.00 in company stock and sold C$183,792.00 in company stock.

Percentage Held by Insiders

Only 0.50% of the stock of STEP Energy Services is held by insiders.

Percentage Held by Institutions

58.26% of the stock of STEP Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STEP Stock Analysis - Frequently Asked Questions

How have STEP shares performed this year?

STEP Energy Services' stock was trading at C$4.31 at the beginning of the year. Since then, STEP shares have increased by 8.4% and is now trading at C$4.67.

How do I buy shares of STEP Energy Services?

Shares of STEP 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 STEP Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that STEP Energy Services investors own include Trican Well Service (TCW), Athabasca Oil (ATH), Aurora Cannabis (ACB), Baytex Energy (BTE), MEG Energy (MEG), NuVista Energy (NVA) and Precision Drilling (PD).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: Trading
• Current Symbol: TSE:STEP
• CIK: N/A
• Web: www.stepenergyservices.com
• Phone: 403-457-1772
• Fax: N/A
• Employees: 1,432
• Year Founded: N/A

Price Target and Rating

• Average Price Target for STEP Energy Services: C$5.04
• High Price Target: C$5.50
• Low Price Target: C$4.50
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.58
• Trailing P/E Ratio: 8.09
• Forward P/E Ratio: 4.67
• P/E Growth: N/A
• Net Income: C$41.05 million
• Net Margins: 4.10%
• Pretax Margin: N/A
• Return on Equity: 10.51%
• Return on Assets: 9.15%

Debt

• Debt-to-Equity Ratio: 22.04
• Current Ratio: 1.39
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: C$1.00 billion
• Price / Sales: 0.33
• Cash Flow: C$0.02 per share
• Price / Cash Flow: 202.40
• Book Value: C$5.61 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 71,555,007
• Free Float: N/A
• Market Cap: C$334.16 million
• Optionable: Not Optionable
• Beta: 2.07