Source Energy Services Ltd Logo

Source Energy Services Ltd

Industry: Oil & Gas Equipment & Services

Sector: Energy

Primary metal: None

About

Source Energy Services Ltd. is a Canadian company specializing in the integrated production, supply, and distribution of frac sand used in oil and gas well completions. The company was the first in Canada to offer unit-train capable terminals and has developed a comprehensive supply chain network including strategic in-basin terminals, well site sand storage solutions such as their proprietary Sahara units, and last-mile logistics services. Operating primarily in Western Canada, Source Energy Services supports major oil and gas plays like the Montney, Duvernay, and Deep Basin with efficient logistics and storage solutions tailored to customer needs. The company's end-to-end approach covers proppant supply through to delivery at well sites, emphasizing reliability and operational efficiency. Financially, it has demonstrated growth through increased sand volumes and revenues, reflecting its significant role in the oilfield logistics sector. Headquartered in Calgary, Alberta, it continues to evolve by expanding its service offerings and leveraging its infrastructure to maintain a competitive presence in the Western Canadian sedimentary basin energy market.

CEO

Mr. Scott Melbourn

Contact Info

500, 438 - 11th Avenue SE

Calgary, AB T2G 0Y4

Canada

403-262-1312

https://www.sourceenergyservices.com

Stock Performance

1 Week: 6.89%

1 Month: 14.11%

3 Months: 46.45%

This Year: 11.85%

1 Year: 4.19%

3 Years: 682.41%

5 Years: 990.32%

Symbol: SHLEExchange: TSXCurrency: CAD

52-week low: 6.79

52-week high: 17.30

50-day ma: 13.72

200-day ma: 12.66

Shares Short: 95,586

Short ratio: 2.56

Avg volume: 41,597

Beta: 2.98

Market Cap

223 M

Shares out

13.15 M

Cash

(2025-09-30)

30.4 M

Debt

(2025-09-30)

285.28 M

Cashflow

130.91 M

Free cashflow

22.89 M

Revenue

680.75 M

Gross profit

118.55 M

Profit margin

0.03%

Ebitda

134.4 M

P/E Ratio

9.60

Dividend yield

0.00%

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