Source Energy Services Ltd. (TSX:SHLE)

Canada flag Canada · Delayed Price · Currency is CAD
14.97
-0.10 (-0.66%)
May 25, 2026, 12:10 PM EST
Market Cap197.12M +36.6%
Revenue (ttm)651.96M -8.6%
Net Income6.18M -80.2%
EPS0.47 -79.7%
Shares Out13.08M
PE Ratio32.29
Forward PE6.25
Dividendn/a
Ex-Dividend Daten/a
Volume1,500
Average Volume27,337
Open14.66
Previous Close15.07
Day's Range14.66 - 15.38
52-Week Range10.34 - 18.74
Beta2.45
RSI43.41
Earnings DateMay 7, 2026

About Source Energy Services

Source Energy Services Ltd., together with its subsidiaries, engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides logistics services, including trucking operations; and Sahara, a well-site mobile sand storage and handling system, as well as distributes bulk completion materials. The company was founded in 1998 and is headquartered in Calgary, Canada. [Read more]

Sector Energy
Founded 1998
Employees 556
Stock Exchange Toronto Stock Exchange
Ticker Symbol SHLE
Full Company Profile

Financial Performance

In 2025, Source Energy Services's revenue was 700.31 million, an increase of 3.91% compared to the previous year's 673.95 million. Earnings were 33.08 million, an increase of 247.89%.

Financial Statements

News

Source Energy Services Reports 2026 AGM Results

CALGARY, AB / ACCESS Newswire / May 8, 2026 / (TSX:SHLE) Source Energy Services Ltd. ("Source" or the "Company") reports results from its annual meeting shareholder held May 8, 2026.

16 days ago - Accesswire

Source Energy Services Transcript: AGM 2026

The meeting confirmed quorum, presented annual financials, and approved all resolutions, including the election of four directors and the appointment of Ernst & Young LLP as auditor. Shareholders participated virtually, with questions addressed and voting results to be filed on SEDAR+.

17 days ago - Transcripts

Source Energy Services Earnings Call Transcript: Q1 2026

Q1 2026 saw lower sales and revenue due to softer activity and a shift to domestic sand, resulting in a net loss. Mine gate sales into the U.S. are expected to grow in Q2, while capital expenditures focus on Peace River expansion and maintenance.

17 days ago - Transcripts

Source Energy Services Earnings release: Q1 2026

Source Energy Services released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.

17 days ago - Filings

Source Energy Services Slides: Q1 2026

Source Energy Services has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.

17 days ago - Filings

Source Energy Services Reports Q1 2026 Results

CALGARY, AB / ACCESS Newswire / May 7, 2026 / TSX:SHLE Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2026.

17 days ago - Accesswire

Source Energy Services Announces Upcoming Earnings Release

CALGARY, AB / ACCESS Newswire / April 13, 2026 / TSX:SHLE FIRST QUARTER RESULTS RELEASE AND CONFERENCE CALL Source is pleased to announce that its first quarter financial results for the period ending...

5 weeks ago - Accesswire

Source Energy Services Earnings Call Transcript: Q4 2025

Q4 2025 delivered record volumes and revenue, with annual sand sales up 5% and net income rising to CAD 33.1 million. 2026 is expected to see steady activity, with growth anticipated in the back half as LNG Canada ramps up and export capacity increases.

3 months ago - Transcripts

Source Energy Services Earnings release: Q4 2025

Source Energy Services released its Q4 2025 earnings on February 27, 2026, summarizing the period's financial results.

3 months ago - Filings

Source Energy Services Slides: Q4 2025

Source Energy Services has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 27, 2026.

3 months ago - Filings

Source Energy Services Reports Q4 2025 and Year End Results

CALGARY, AB / ACCESS Newswire / February 26, 2026 / Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce its financial results for the three and twelve months ended December ...

3 months ago - Accesswire

Source Energy Services Earnings Call Transcript: Q3 2025

Q3 2025 saw a 31% drop in sand volumes and lower revenues due to deferred completions, but infrastructure expansion and share repurchases continued. A strong Q4 rebound and growth in 2026 are expected, supported by LNG export developments.

7 months ago - Transcripts

Source Energy Services Earnings release: Q3 2025

Source Energy Services released its Q3 2025 earnings on November 7, 2025, summarizing the period's financial results.

7 months ago - Filings

Source Energy Services Slides: Q3 2025

Source Energy Services has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 7, 2025.

7 months ago - Filings

Source Energy Services Reports Q3 2025 Results

CALGARY, AB / ACCESS Newswire / November 6, 2025 / Source Energy Services Ltd. (TSX:SHLE) ("Source" or the "Company") is pleased to announce its financial results for the three and nine months ended S...

7 months ago - Accesswire

Source Energy Services Announces TSX Approval of Amended Normal Course Issuer Bid

CALGARY, AB / ACCESS Newswire / October 6, 2025 / Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Source's appli...

8 months ago - Accesswire

Source Energy Services Earnings Call Transcript: Q2 2025

Record Q2 sales volumes and revenue growth were driven by strong completion activity and logistics expansion. Outlook for 2026 remains robust, supported by LNG Canada ramp-up and positive industry trends.

10 months ago - Transcripts

Source Energy Services Earnings release: Q2 2025

Source Energy Services released its Q2 2025 earnings on July 31, 2025, summarizing the period's financial results.

10 months ago - Filings

Source Energy Services Slides: Q2 2025

Source Energy Services has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on July 31, 2025.

10 months ago - Filings

Source Energy Services Reports Q2 2025 Results

CALGARY, AB / ACCESS Newswire / July 30, 2025 / Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce its financial results for the three and six months ended June 30, 2025.

10 months ago - Accesswire

Source Energy Services Reports 2025 AGM Results

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- – (TSX:SHLE) Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 9, 2025.

1 year ago - GlobeNewsWire

Source Energy Services Transcript: AGM 2025

The meeting confirmed a quorum, set the board at four directors, and approved all resolutions, including director elections and auditor appointment. No shareholder questions were raised, and voting results will be filed on SEDAR+.

1 year ago - Transcripts

Source Energy Services Earnings Call Transcript: Q1 2025

Record sand sales and revenue growth were achieved in Q1 2025, supported by strategic facility expansions and strong industry demand. Adjusted gross margin per ton is expected to remain stable, with 5%-10% volume growth projected for the year.

1 year ago - Transcripts

Source Energy Services Earnings release: Q1 2025

Source Energy Services released its Q1 2025 earnings on May 9, 2025, summarizing the period's financial results.

1 year ago - Filings

Source Energy Services Announces Normal Course Issuer Bid

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) --  TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted So...

1 year ago - GlobeNewsWire