Secure Energy Services Inc

Chart & Performance

D1W1MN

P/E

4.91

P/S

0.27

EPS

2.51

Div Yield, %

2.43%

Shrs. gr., 5y

8.48%

Rev. gr., 5y

28.28%

Revenues

10.67b

+29.45%

Net income

582m

+198.46%

CFO

497m

+15.58%

Dividend

Oct 01, 20240.1 CAD/sh

Earnings

Apr 23, 2025

Profile

Secure Energy Services Inc., an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills. The Environmental and Fluid Management segment includes a network of owned, operated, and marketed industrial landfills, hazardous and non-hazardous waste management and disposal, onsite abandonment, and environmental solutions for site remediation and reclamation, bio-remediation, water treatment and recycling, emergency response, rail, and metal recycling services, as well as offers fluid management for drilling, completion, and production operations for oil and gas producers. This segment also designs and implements drilling fluid systems for producers drilling for oil, bitumen, and natural gas; provides naturally occurring radioactive material management services, as well as equipment and chemical solutions that optimize well production. Secure Energy Services Inc. is headquartered in Calgary, Canada.

URL

https://www.secure-energy.com/

IPO date

Mar 30, 2010

Employees

2,124

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	10,672,000 29.45%	8,244,000 3.02%	8,002,000 112.48%
Cost of revenue	10,391,000	7,868,000	7,628,000
Unusual Expense (Income)
NOPBT	281,000	376,000	374,000
NOPBT Margin	2.63%	4.56%	4.67%
Operating Taxes	131,000	62,000	68,000
Tax Rate	46.62%	16.49%	18.18%
NOPAT	150,000	314,000	306,000
Net income	582,000 198.46%	195,000 5.98%	184,000 -190.20%
Dividends	(104,000)	(117,000)	(38,000)
Dividend yield	2.63%	4.15%	1.73%
Proceeds from repurchase of equity	(657,000)	(163,000)	(6,000)
BB yield	16.62%	5.78%	0.27%
Debt
Debt current	26,000	27,000	28,000
Long-term debt	543,000	1,211,000	1,115,000
Deferred revenue
Other long-term liabilities	124,000	111,000	112,000
Net debt	543,000	1,226,000	1,131,000
Cash flow
Cash from operating activities	497,000	430,000	411,000
CAPEX	(134,000)	(203,000)	(96,000)
Cash from investing activities	954,000	(155,000)	(58,000)
Cash from financing activities	(1,435,000)	(272,000)	(346,000)
FCF	872,000	27,000	456,000
Balance
Cash	26,000	12,000	12,000
Long term investments
Excess cash
Stockholders' equity	968,000	1,186,000	1,216,000
Invested Capital	1,620,000	2,399,000	2,409,000
ROIC	7.46%	13.06%	12.14%
ROCE	17.28%	15.67%	15.53%
EV
Common stock shares outstanding	243,056	299,086	313,167
Price	16.26 72.43%	9.43 34.14%	7.03 33.65%
Market cap	3,952,085 40.13%	2,820,385 28.11%	2,201,564 78.69%
EV	4,495,085	4,046,385	3,332,564
EBITDA	433,000	492,000	552,000
EV/EBITDA	10.38	8.22	6.04
Interest	45,000	84,000	84,000
Interest/NOPBT	16.01%	22.34%	22.46%