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Source Energy Services(TSX) SHLE

Market CapCA$142.55MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2017)-91%
5 Year+650%
1 Year-27%
1 Month-17%
CA$10.58
-2.94%
-0.32Today
Source Energy Services last closing stock price
MetricPriceDate
Last closeCAD 10.582026-09-15
Source Energy Services stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-8.79%CAD 11.602026-09-08
1 month-16.76%CAD 12.712026-08-14
3 month-24.43%CAD 14.002026-06-17
Year to date-30.35%CAD 15.192025-12-31
1 year-26.93%CAD 14.482025-09-15
3 year+92.36%CAD 5.502023-09-15
5 year+650.35%CAD 1.412021-09-16
Since inception-91.35%CAD 126.002017-04-13

Source Energy Services Financials at a Glance

Market Cap

CA$142.55MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$587.19M

Net Income (TTM)

-CA$12.98M

EPS (TTM)

-CA$0.98

P/E Ratio

-11.13

Dividend

CA$0.00

Beta (Volatility)

1.34 (Average)

Price

CA$10.58

Volume

3,476

Open

CA$10.90

Previous Close

CA$10.58

Daily Range

CA$10.58 - CA$10.90

52-Week Range

CA$10.34 - CA$18.74

Estimated Earnings Date

Nov 5, 2026

SHLE News

No articles available.

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About Source Energy Services

Source Energy Services Ltd. is a prominent supplier of Northern White frac sand, essential for hydraulic fracturing in the oil and gas sector. The company operates across Western Canada and the United States, providing manufacturing, delivery, and distribution of this critical proppant.

Products and Services
  • Supplies Northern White frac sand for hydraulic fracturing
  • Offers warehousing and transportation solutions for bulk well completion products
  • Develops mobile systems for efficient on-site sand storage and handling
Growth Outlook
  • Expansion in the U.S. market is anticipated to drive revenue growth
  • Increased demand for hydraulic fracturing services supports long-term growth
  • Innovative product offerings enhance competitive positioning in the industry
Financial Highlights
  • Q2 2026 revenue of CAD 137.1 million, down from CAD 160.2 million in Q1 2026
  • Trailing twelve months (TTM) gross profit margin at 10.8%, indicating operational efficiency
  • Net income for Q2 2026 was CAD -5.6 million, reflecting ongoing challenges
Source Energy Services Ltd. has established itself as a key player in the oil and gas equipment and services industry. The company's focus on frac sand production and related services positions it well to capitalize on the growing demand for hydraulic fracturing. Despite recent financial challenges, including a net loss in the latest quarter, the company maintains a solid market presence and is poised for future growth. The strategic expansion into the U.S. market and innovative product development are expected to enhance its competitive edge. Investors may find the company's trajectory and market positioning noteworthy as it navigates the evolving energy landscape.
AI Generated • Aug 29, 2026

Industry

Energy Equipment and Services

Sector

Energy

Employees

556

CEO

Scott Melbourn, CFA

Website

www.sourceenergyservices.com

Headquarters

Calgary, AB T2G 0Y4, CA

SHLE Financials

Key Financial Metrics (TTM)

Gross Margin

10.82%

Operating Margin

2.48%

Net Income Margin

-2.21%

Return on Equity

-6.25%

Return on Capital

10.11%

Return on Assets

-2.19%

Earnings Yield

-8.98%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$142.55MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

13.08M

Volume

3.48K

Avg. Volume

14.46K

Financials (TTM)

Gross Profit

CA$63.56M

Operating Income

CA$14.54M

EBITDA

CA$81.93M

Operating Cash Flow

CA$62.13M

Capital Expenditure

-CA$72.26M

Free Cash Flow

-CA$10.13M

Cash & ST Invst.

CA$2.05M

Total Debt

CA$291.53M

Source Energy Services Performance Analysis

Source Energy Services annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 415,912,00030.0%
20232023-12-31CAD 569,748,00037.0%
20242024-12-31CAD 673,950,00018.3%
20252025-12-31CAD 700,305,0003.9%
Source Energy Services sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-37.9%
Q42025-12-3131.3%
Q12026-03-31-2.6%
Q22026-06-30-14.4%
Source Energy Services annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD -0.65-64.1%
20232023-12-31CAD 12.35N/A
20242024-12-31CAD 0.70-94.3%
20252025-12-31CAD 2.48253.2%
Source Energy Services sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-145.5%
Q42025-12-31134.8%
Q12026-03-31-256.3%
Q22026-06-30-72.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$137.12M

-32.1%

Gross Profit

CA$11.17M

-69.6%

Gross Margin

8.15%

N/A

Market Cap

CA$142.55MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$256.38K

N/A

Employees

556

N/A

Net Income

-CA$5.59M

-141.2%

EBITDA

CA$17.98M

-56.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$2.05M

-95.3%

Total Debt

CA$291.53M

+5.5%

Accounts Receivable

CA$58.13M

-32.7%

Inventory

CA$91.75M

+16.0%

Long Term Debt

CA$245.41M

+4.9%

Short Term Debt

CA$46.12M

+9.1%

Return on Assets

-2.19%

N/A

Return on Invested Capital

3.17%

N/A

Free Cash Flow

CA$2.62M

-89.4%

Operating Cash Flow

CA$21.30M

-40.8%

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Questions About SHLE

What is the current price of Source Energy Services?

Source Energy Services is trading at CA$10.58 per share.

What is the 52-week range for Source Energy Services?

Over the past 52 weeks, Source Energy Services has traded between CA$10.34 and CA$18.74.

How much debt does Source Energy Services have?

As of the most recent reporting period, Source Energy Services reported total debt of CA$291.53M.

How much cash does Source Energy Services have on hand?

Source Energy Services reported CA$2.05M in cash and cash equivalents in its most recent financial results.

What is Source Energy Services’s dividend yield?

Source Energy Services does not currently have a dividend yield.

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