Secure Energy Services Inc

Chart & Performance

D1W1MN

P/E

19.22

P/S

0.45

EPS

0.82

Div Yield, %

3.12%

Shrs. gr., 5y

12.57%

Rev. gr., 5y

22.92%

Revenues

8.24b

+3.02%

Net income

195m

+5.98%

CFO

430m

+4.62%

Dividend

Oct 01, 20240.1 CAD/sh

Earnings

Feb 24, 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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	8,244,000 3.02%	8,002,000 112.48%	3,766,000 106.51%
Cost of revenue	7,868,000	7,628,000	3,918,000
Unusual Expense (Income)
NOPBT	376,000	374,000	(152,000)
NOPBT Margin	4.56%	4.67%
Operating Taxes	62,000	68,000	(69,000)
Tax Rate	16.49%	18.18%
NOPAT	314,000	306,000	(83,000)
Net income	195,000 5.98%	184,000 -190.20%	(204,000) 133.98%
Dividends	(117,000)	(38,000)	(7,000)
Dividend yield	4.15%	1.73%	0.57%
Proceeds from repurchase of equity	(163,000)	(6,000)
BB yield	5.78%	0.27%
Debt
Debt current	27,000	28,000	27,000
Long-term debt	1,211,000	1,115,000	1,398,000
Deferred revenue
Other long-term liabilities	111,000	112,000	209,000
Net debt	1,226,000	1,131,000	1,415,000
Cash flow
Cash from operating activities	430,000	411,000	74,000
CAPEX	(203,000)	(96,000)	(43,000)
Cash from investing activities	(155,000)	(58,000)	(43,000)
Cash from financing activities	(272,000)	(346,000)	(26,000)
FCF	27,000	456,000	(708,490)
Balance
Cash	12,000	12,000	10,000
Long term investments
Excess cash
Stockholders' equity	1,186,000	1,216,000	1,058,000
Invested Capital	2,399,000	2,409,000	2,631,000
ROIC	13.06%	12.14%
ROCE	15.67%	15.53%
EV
Common stock shares outstanding	299,086	313,167	234,226
Price	9.43 34.14%	7.03 33.65%	5.26 113.82%
Market cap	2,820,385 28.11%	2,201,564 78.69%	1,232,030 215.86%
EV	4,046,385	3,332,564	2,647,030
EBITDA	492,000	552,000	228,000
EV/EBITDA	8.22	6.04	11.61
Interest	84,000	84,000	50,000
Interest/NOPBT	22.34%	22.46%