CES Energy Solutions (CEU) Stock Price, News & Analysis

Company Overview

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. Its solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products. The company also designs and implements drilling fluid systems and completion solutions for oil and natural gas producers; designs and manufactures production and specialty chemicals for use in the oil and natural gas production and industrial markets; designs, blends, and sells specialty drilling fluids; designs, blends, and sells simulation and production chemicals for oil and gas producers; and operates trucks and trailers to transport drilling fluids to operators in the oil and gas industry. In addition, it provides environmental consulting, water management and transfer services, and drilling fluids waste disposal services; and laboratory services. The company was formerly known as Canadian Energy Services & Technology Corp. and changed its name to CES Energy Solutions Corp. in June 2017. CES Energy Solutions Corp. was incorporated in 1986 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$9.39 to C$9.64
• 50-Day Range: C$7.34 to C$9.85
• 52-Week Range: C$3.39 to C$9.99
• Volume: 1.02 million shs
• Average Volume: 599,911 shs
• Market Capitalization: C$2.23 billion
• P/E Ratio: 12.21
• Dividend Yield: 1.26%
• Price Target: C$10.59
• Consensus Rating: Moderate Buy

CES Energy Solutions Stock Analysis - MarketRank™

CES Energy Solutions 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

CES Energy Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CES Energy Solutions has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of CES Energy Solutions is 12.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of CES Energy Solutions is 12.21, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.72.

Price to Earnings Growth Ratio

CES Energy Solutions has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

CES Energy Solutions has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued 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 CEU.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

CES Energy Solutions pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

CES Energy Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CES Energy Solutions is 15.38%. 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 CEU.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.22

News Sentiment

CES Energy Solutions has a news sentiment score of 1.22. 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 0.54 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for CES Energy Solutions this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for CEU on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added CES Energy Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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, CES Energy Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,781,982.00 in company stock.

Percentage Held by Insiders

Only 3.03% of the stock of CES Energy Solutions is held by insiders.

Percentage Held by Institutions

40.78% of the stock of CES Energy Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CEU Stock Analysis - Frequently Asked Questions

How have CEU shares performed this year?

CES Energy Solutions' stock was trading at C$3.45 at the beginning of the year. Since then, CEU shares have increased by 175.9% and is now trading at C$9.52.
View the best growth stocks for 2024 here.

How were CES Energy Solutions' earnings last quarter?

CES Energy Solutions Corp. (TSE:CEU) announced its quarterly earnings results on Wednesday, November, 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.14 by $0.06. The company earned $606.52 million during the quarter, compared to the consensus estimate of $582.25 million. CES Energy Solutions had a trailing twelve-month return on equity of 27.17% and a net margin of 8.53%.

How do I buy shares of CES Energy Solutions?

Shares of CEU 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 CES Energy Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CES Energy Solutions investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Cenovus Energy (CVE), Toronto-Dominion Bank (TD), Enbridge (ENB), B2Gold (BTO) and Meta Platforms (META).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 11/06/2024
• Today: 12/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: N/A
• Current Symbol: TSE:CEU
• CUSIP: N/A
• CIK: N/A
• Web: www.cesenergysolutions.com
• Phone: +1-403-2692800
• Fax: N/A
• Employees: 2,123
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$10.59
• High Stock Price Target: C$12.00
• Low Stock Price Target: C$8.50
• Potential Upside/Downside: +11.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.78
• Trailing P/E Ratio: 12.21
• Forward P/E Ratio: 11.07
• P/E Growth: 0.61
• Net Income: C$190.35 million
• Net Margins: 8.53%
• Pretax Margin: N/A
• Return on Equity: 27.17%
• Return on Assets: 11.21%

Debt

• Debt-to-Equity Ratio: 51.40
• Current Ratio: 3.18
• Quick Ratio: 1.78

Sales & Book Value

• Annual Sales: C$2.23 billion
• Price / Sales: 1.00
• Cash Flow: C$0.23 per share
• Price / Cash Flow: 41.49
• Book Value: C$3.24 per share
• Price / Book: 2.94

Miscellaneous

• Outstanding Shares: 234,020,000
• Free Float: N/A
• Market Cap: C$2.23 billion
• Optionable: Not Optionable
• Beta: 2.31