Secure Energy Services Inc.

Equities

SES

CA81373C1023

Oil & Gas Transportation Services

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-03 pm EDT			5-day change	1st Jan Change
11.32 ^CAD	-0.53%		-2.33%	+20.04%

Apr. 29	SECURE Energy Announced Repurchase of 4.77% of Its Outstanding Shares and Intention To Commence Substantial Issuer Bid	MT
Apr. 29	SECURE Energy Brief: Announcing Repurchase of 4.77% of Its Outstanding Shares and Intention To Commence Sustantial Issuer Bid	MT

Secure Energy Services Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 07:29 am EDT

Secure Energy Services Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 2,849 million compared to CAD 1,907 million a year ago. Net income was CAD 422 million compared to CAD 55 million a year ago.

Basic earnings per share from continuing operations was CAD 1.5 compared to CAD 0.18 a year ago. Diluted earnings per share from continuing operations was CAD 1.47 compared to CAD 0.18 a year ago.

Latest news about Secure Energy Services Inc.

SECURE Energy Announced Repurchase of 4.77% of Its Outstanding Shares and Intention To Commence Substantial Issuer Bid	Apr. 29	MT
SECURE Energy Brief: Announcing Repurchase of 4.77% of Its Outstanding Shares and Intention To Commence Sustantial Issuer Bid	Apr. 29	MT
Secure Energy Services Inc. announces an Equity Buyback for 13,181,020 shares, for CAD 150 million.	Apr. 29	CI
Secure Energy Services Inc. announces an Equity Buyback for 8.34% of its issued share capital, for CAD 250 million.	Apr. 29	CI
Secure Energy Services Inc.'s Equity Buyback announced on April 29, 2024, has expired.	Apr. 28	CI
Secure Energy Services Inc. authorizes a Buyback Plan.	Apr. 28	CI
Secure Energy Services Inc. authorizes a Buyback Plan.	Apr. 28	CI
Transcript : Secure Energy Services Inc. - Shareholder/Analyst Call	Apr. 26
Transcript : Secure Energy Services Inc., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Secure Energy Services Up More Than 2% As National Bank of Canada Notes "Solid" Q1 Results	Apr. 25	MT
Secure Energy Services Books Big Jump in Q1 Net Income on Asset Sale	Apr. 25	MT
SECURE Energy Brief: Flags Intention to launch a Substantial Issuer Bid next week as part of Its capital allocation strategy	Apr. 25	MT
SECURE Energy Brief: 2024 planned growth expenditures increased to Near $75 million (from $50 million previously announced) with customer support for infrastructure expansion projects	Apr. 25	MT
Tranche Update on Secure Energy Services Inc.'s Equity Buyback Plan announced on December 11, 2023.	Apr. 25	CI
Secure Energy Services Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
SECURE Energy Brief: Q1 Net Income Per Share Basic $1.50 and Diluted $1.47	Apr. 25	MT
North American Morning Briefing : More Tech -2-	Apr. 25	DJ
Moody's Reports Withdrawal of Secure's Ratings Following Notes Repayment	Mar. 28	MT
Secure Energy Closes $300 Million Senior Unsecured Note Financing	Mar. 22	MT
Secure Energy Services Inc. Announces Closing of $300 Million Senior Unsecured Note Financing	Mar. 22	CI
SECURE Energy Services To Launch $300 Million Senior Notes Private Placement	Mar. 20	MT
Secure Energy Services Inc. Announces $300 Million Senior Unsecured Note Financing	Mar. 19	CI
Fitch Assigns Rating to Secure Energy Services' Senior Unsecured Notes	Mar. 19	MT
S&P Assigns Rating to Secure Energy Services' Proposed C$300 Million Senior Unsecured Notes	Mar. 19	MT
Secure Energy Services Inc. Announces Quarterly Dividend, Payable on or About April 15, 2024	Mar. 15	CI

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Company Profile

SECURE Energy Services Inc. is a Canada-based environmental and energy infrastructure company. The Company operates through three segments: Environmental Waste Management (EWM) Infrastructure, Energy Infrastructure and Oilfield Services. Its EWM Infrastructure segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer facilities, and metal recycling facilities. Through this infrastructure network, the Company carries out business operations, including the processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers. Its Energy Infrastructure segment includes a network of crude oil gathering pipelines, terminals and storage facilities. Through this infrastructure network, the Company is engaged in the transportation, optimization, terminalling and storage of crude oil. Its Oilfield Services segment includes drilling fluid management, and project management services.

Sector

Oil & Gas Transportation Services

Calendar

2024-05-05 - Stifel Investor Summit

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Ratings for Secure Energy Services Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

11.32 CAD

Average target price

13.72 CAD

Spread / Average Target

+21.22%

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