Source Energy Services Ltd. (TSX:SHLE)

Canada flag Canada · Delayed Price · Currency is CAD
16.62
-0.15 (-0.89%)
Apr 28, 2026, 4:00 PM EST
71.69%
Market Cap 217.39M
Revenue (ttm) 700.31M
Net Income (ttm) 33.08M
Shares Out 13.08M
EPS (ttm) 2.48
PE Ratio 6.70
Forward PE 5.60
Dividend n/a
Ex-Dividend Date n/a
Volume 107,417
Average Volume 22,574
Open 16.95
Previous Close 16.77
Day's Range 16.62 - 17.16
52-Week Range 8.75 - 18.40
Beta 2.37
RSI 64.01
Earnings Date May 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 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...

15 days 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.

2 months ago - Transcripts

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 ...

2 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.

6 months ago - Transcripts

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...

6 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...

7 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.

9 months ago - Transcripts

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.

9 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 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

Source Energy Services Reports Q1 2025 Results

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2...

1 year ago - GlobeNewsWire

Source Energy Services Earnings Call Transcript: Q4 2024

Record revenue and EBITDA were achieved in 2024, driven by strong sand sales and logistics expansion. Liquidity improved with refinancing, and 2025 is expected to see continued growth, supported by industry fundamentals and major capital projects.

1 year ago - Transcripts

Source Energy Services Reports Q4 2024 and Year End Results

CALGARY, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) -- TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended...

1 year ago - GlobeNewsWire

Source Energy Services Earnings Call Transcript: Q3 2024

Record Q3 results with all-time highs in sand volumes, revenue, and EBITDA, driven by strong logistics and customer activity. Free cash flow and margins improved year-over-year, with positive outlook for Q4 and 2025 amid robust industry fundamentals and ongoing refinancing progress.

1 year ago - Transcripts

Source Energy Services Earnings Call Transcript: Q2 2024

Record sand volumes and revenues were achieved, with strong growth in Last Mile Logistics and wellsite services. Free cash flow and adjusted EBITDA improved significantly year-over-year, while new infrastructure and partnerships position the company for continued growth amid robust LNG-driven demand.

1 year ago - Transcripts

Source Energy Services Reports Q3 2023 Results

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and nine months ended September 3...

2 years ago - GlobeNewsWire