Source Energy Services Ltd. (TSX:SHLE)
Canada · Delayed Price · Currency is CAD | Market Cap | 151.70M -19.7% |
| Revenue (ttm) | 587.19M -20.5% |
| Net Income | -12.98M |
| EPS | -0.99 |
| Shares Out | 13.08M |
| PE Ratio | n/a |
| Forward PE | 5.21 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,877 |
| Open | 11.78 |
| Previous Close | 11.60 |
| Day's Range | 11.71 - 11.96 |
| 52-Week Range | 10.34 - 18.74 |
| Beta | 2.44 |
| Analysts | Buy |
| Price Target | 15.25 (+27.51%) |
| Earnings Date | Nov 6, 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]
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 StatementsAnalyst Summary
According to 2 analysts, the average rating for SHLE stock is "Buy." The 12-month stock price target is $15.25, which is an increase of 27.51% from the latest price.
News
Source Energy Services Q2 Earnings Call Highlights
Source Energy Services TSE: SHLE reported lower second-quarter revenue, volumes and adjusted EBITDA as weak Western Canadian natural gas prices reduced completion activity, while a sharp increase in U...
Source Energy Services Earnings Call Transcript: Q2 2026
Q2 2026 saw a 24% drop in sales volume and lower revenue due to weak Canadian natural gas activity, partly offset by a surge in U.S. mine gate sales. Margins and EBITDA declined, but the outlook is positive with anticipated H2 recovery and long-term growth from LNG and Montney development.
Source Energy Services Registration statement: Q2 2026
Source Energy Services filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
Source Energy Services Earnings release: Q2 2026
Source Energy Services released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Source Energy Services Registration statement: Q2 2026
Source Energy Services filed a registration statement on July 30, 2026, providing details about a securities offering with the SEC.
Source Energy Services Slides: Q2 2026
Source Energy Services has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Source Energy Services Reports Q2 2026 Results and Appointment to the Board of Directors
CALGARY, AB / ACCESS Newswire / July 29, 2026 / Source Energy Services Ltd. (TSX:SHLE) ("Source" or the "Company") is pleased to announce its financial results for the three and six months ended June ...
Source Energy Services Announces Upcoming Earnings Release
CALGARY, AB / ACCESS Newswire / June 29, 2026 / (TSX:SHLE) SECOND QUARTER RESULTS RELEASE AND CONFERENCE CALL Source is pleased to announce that its second quarter financial results for the period end...
Source Energy Services Announces Renewal of Normal Course Issuer Bid Program For 2026-2027
CALGARY, AB / ACCESS Newswire / May 27, 2026 / TSX:SHLE Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Source's...
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.
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+.
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.
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.
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.
Source Energy Services Registration statement: Q1 2026
Source Energy Services filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.
Source Energy Services Registration statement: Q1 2026
Source Energy Services filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.
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.
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.
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.
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.
Source Energy Services Registration statement: Q4 2025
Source Energy Services filed a registration statement on February 27, 2026, providing details about a securities offering with the SEC.
Source Energy Services Registration statement: Q4 2025
Source Energy Services filed a registration statement on February 27, 2026, providing details about a securities offering with the SEC.
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 ...
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.
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.