Secure Energy Services Q4 2022 Earnings Report

Secure Energy Services EPS Results

• Actual EPS: C$0.10
• Consensus EPS: C$0.18
• Beat/Miss: Missed by -C$0.08
• One Year Ago EPS: N/A

Secure Energy Services Revenue Results

• Actual Revenue: $401.00 million
• Expected Revenue: $419.40 million
• Beat/Miss: Missed by -$18.40 million
• YoY Revenue Growth: N/A

Secure Energy Services Announcement Details

• Quarter: Q4 2022
• Date: 3/2/2023
• Time: N/A

Secure Energy Services (TSE:SES) engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities. This segment also provides processing, recovery, recycling, and disposal of waste streams; and produced and waste water disposal, hazardous and non-hazardous waste processing and transfer, and treatment of crude oil and metal recycling services. The Energy Infrastructure segment includes a network of crude oil gathering pipelines, terminals, and storage facilities. This segment also engages in the transportation, optimization, terminalling, and storage of crude oil. The Oilfield Services segment engages in drilling fluid management, which include products, equipment, and services; drilling fluids and solids equipment rentals; and project management services, including equipment contracting services supporting the energy, mining, forestry, rail, pipeline, government, and civil industries across Canada. The company was founded in 2007 and is headquartered in Calgary, Canada.