Secure Energy Services (SES) Stock Price, News & Analysis

Company Overview

Secure Energy Services Inc. 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.

Key Stats

• Today's Range: C$16.62 to C$16.79
• 50-Day Range: C$11.35 to C$17.07
• 52-Week Range: C$7.57 to C$17.13
• Volume: 308,030 shs
• Average Volume: 708,633 shs
• Market Capitalization: C$4.01 billion
• P/E Ratio: 8.34
• Dividend Yield: 2.40%
• Price Target: C$16.58
• Consensus Rating: Moderate Buy

Secure Energy Services Stock Analysis - MarketRank™

Secure Energy Services scored higher than 66% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Secure Energy Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Secure Energy Services has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Secure Energy Services is 8.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Secure Energy Services is 8.34, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 530.59.

Price to Earnings Growth Ratio

Secure Energy Services has a PEG Ratio of 0.17. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Secure Energy Services has a P/B Ratio of 3.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SES.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Secure Energy Services pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Secure Energy Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Secure Energy Services is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SES.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.54

News Sentiment

Secure Energy Services has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Secure Energy Services this week, compared to 3 articles on an average week.

MarketBeat Follows

3 people have added Secure Energy Services to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Secure Energy Services insiders have sold 44.74% more of their company's stock than they have bought. Specifically, they have bought C$432,346.00 in company stock and sold C$625,793.00 in company stock.

Percentage Held by Insiders

Only 0.95% of the stock of Secure Energy Services is held by insiders.

Percentage Held by Institutions

Only 37.68% of the stock of Secure Energy Services is held by institutions.

SES Stock Analysis - Frequently Asked Questions

How have SES shares performed this year?

Secure Energy Services' stock was trading at C$9.43 at the beginning of 2024. Since then, SES stock has increased by 76.8% and is now trading at C$16.67.
View the best growth stocks for 2024 here.

How do I buy shares of Secure Energy Services?

Shares of SES stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Secure Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Secure Energy Services investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 10/01/2024
• Dividend Payable: 10/15/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Waste Management
• Sub-Industry: Electrical Equipment
• Current Symbol: TSE:SES
• CUSIP: N/A
• CIK: N/A
• Web: www.secure-energy.com
• Phone: +1-403-9846094
• Fax: N/A
• Employees: 130
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$16.58
• High Stock Price Target: C$22.00
• Low Stock Price Target: C$12.00
• Potential Upside/Downside: -0.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.00
• Trailing P/E Ratio: 8.34
• Forward P/E Ratio: 21.73
• P/E Growth: 0.17
• Net Income: C$560 million
• Net Margins: 5.62%
• Pretax Margin: N/A
• Return on Equity: 50.56%
• Return on Assets: 8.15%

Debt

• Debt-to-Equity Ratio: 52.03
• Current Ratio: 1.15
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: C$9.96 billion
• Price / Sales: 0.40
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 93.51
• Book Value: C$4.30 per share
• Price / Book: 3.88

Miscellaneous

• Outstanding Shares: 240,670,000
• Free Float: N/A
• Market Cap: C$4.01 billion
• Optionable: Not Optionable
• Beta: 2.41