STEP Energy Services (STEP) Stock Price, News & Analysis

Company Overview

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services. In addition, the company offers pipeline, facility maintenance, pipeline pigging, and purging services. STEP Energy Services Ltd. was incorporated in 2011 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$5.02 to C$5.06
• 50-Day Range: C$3.43 to C$5.08
• 52-Week Range: C$3.37 to C$5.14
• Volume: 325,394 shs
• Average Volume: 127,820 shs
• Market Capitalization: C$361.98 million
• P/E Ratio: 5.61
• Dividend Yield: N/A
• Price Target: C$5.42
• Consensus Rating: Hold

STEP Energy Services Stock Analysis - MarketRank™

STEP Energy Services scored higher than 15% 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: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

STEP Energy Services has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

STEP Energy Services has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of STEP Energy Services is 5.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of STEP Energy Services is 5.61, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 105.98.

Price to Book Value per Share Ratio

STEP Energy Services has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued 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 STEP.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

STEP Energy Services does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Short Interest

There is no current short interest data available for STEP.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.55

News Sentiment

STEP Energy Services has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for STEP Energy Services this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for STEP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added STEP Energy Services to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, STEP Energy Services insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.50% of the stock of STEP Energy Services is held by insiders.

Percentage Held by Institutions

58.26% of the stock of STEP Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STEP Stock Analysis - Frequently Asked Questions

How have STEP shares performed this year?

STEP Energy Services' stock was trading at C$3.92 on January 1st, 2024. Since then, STEP stock has increased by 28.8% and is now trading at C$5.05.
View the best growth stocks for 2024 here.

How do I buy shares of STEP Energy Services?

Shares of STEP 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 STEP Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that STEP Energy Services investors own include Trican Well Service (TCW), Athabasca Oil (ATH), Aurora Cannabis (ACB), Baytex Energy (BTE), MEG Energy (MEG), NuVista Energy (NVA) and Precision Drilling (PD).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: Trading
• Current Symbol: TSE:STEP
• CUSIP: N/A
• CIK: N/A
• Web: www.stepenergyservices.com
• Phone: 403-457-1772
• Fax: N/A
• Employees: 1,432
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.42
• High Stock Price Target: C$6.50
• Low Stock Price Target: C$4.75
• Potential Upside/Downside: +7.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.90
• Trailing P/E Ratio: 5.61
• Forward P/E Ratio: 5.05
• P/E Growth: N/A
• Net Income: C$67.32 million
• Net Margins: 6.72%
• Pretax Margin: N/A
• Return on Equity: 18.04%
• Return on Assets: 9.15%

Debt

• Debt-to-Equity Ratio: 25.45
• Current Ratio: 1.47
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: C$1 billion
• Price / Sales: 0.36
• Cash Flow: C$0.02 per share
• Price / Cash Flow: 202.40
• Book Value: C$5.71 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 71,680,000
• Free Float: N/A
• Market Cap: C$361.98 million
• Optionable: Not Optionable
• Beta: 2.07