Education
About Us
Working with TipRanks
Follow Us
Source Energy Services Ltd (TSE:SHLE)
TSX:SHLE
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.51Last Year’s EPS
1.74Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a positive operational and strategic story—record volumes and revenue, significant year-over-year net income improvement, facility expansions, logistics enhancements, a share buyback and debt reduction—while also acknowledging margin pressure from product and terminal mix, incremental commissioning and weather-related costs, higher capex/lease commitments and tax/currency headwinds. Management expects 2026 volumes to be broadly flat with potential back-half upside and continued investment focused on optimizing recently expanded capabilities.Company Guidance
Record Volumes and Revenue
Total 2025 sand sales volume reached a record 3.7 million metric tons, up 5% year-over-year; total revenue for 2025 was $700.3 million, an increase of $26.4 million (≈+3.9%) versus 2024.
Strong Q4 Activity and Sand Sales
Fourth-quarter sand sales were 907,000 metric tons, an 18% increase versus Q4 2024, generating $135.3 million in sand revenue (Q4 sand revenue up $17.7 million).
Significant Net Income Improvement
Net income for 2025 was $33.1 million, an increase of $23.6 million versus 2024 (prior-year net income implied ≈$9.5M), driven by lower share-based compensation and a recovery from settlement of the Fox Creek lawsuit.
Strategic Capacity and Logistics Enhancements
Expanded domestic sand capability to 1 million tonnes per year (Peace River expansion), completed Taylor terminal commissioning, expanded Chetwynd terminal, and strengthened last-mile logistics with additional trucking assets, improving mine-to-wellsite capabilities.
Shareholder Returns and Balance Sheet Actions
Initiated a share repurchase program and repurchased/canceled 465,000 shares; reduced term loan by $23.7 million; year-end available liquidity was $59.9 million.
Operational Wins in Logistics and U.S. Contracts
Sahara units deployed in the U.S. remained fully contracted and 100% utilized; last-mile logistics drove higher well-site deliveries (Q4 well-site solution revenue $28.3M, +6% year-over-year).
Margin Contribution from Trucking and Lower Rail Costs
Incremental margin of $3.6 million generated from Source's trucking operations and lower rail transportation costs realized in late 2025 partially offset other margin pressures.
2026 Capital Plan and Growth Outlook
Net capital expenditures for 2026 expected between $30 million and $40 million, focused on Peace River optimization and existing terminal network; company expects 2026 volumes to be broadly flat year-over-year with potential back-half upside from LNG/export ramp.
TSE:SHLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SHLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | C$17.90 | C$16.65 | -6.98% |
Nov 06, 2025 | C$11.99 | C$12.21 | +1.83% |
Jul 30, 2025 | C$14.98 | C$13.80 | -7.88% |
May 08, 2025 | C$10.40 | C$11.96 | +15.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Source Energy Services Ltd (TSE:SHLE) report earnings?
Source Energy Services Ltd (TSE:SHLE) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Source Energy Services Ltd (TSE:SHLE) earnings time?
Source Energy Services Ltd (TSE:SHLE) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SHLE EPS forecast?
TSE:SHLE EPS forecast for the fiscal quarter 2026 (Q1) is 0.51.