tiprankstipranks
Trending News
More News >
Source Energy Services Ltd (TSE:SHLE)
TSX:SHLE
Canadian Market
Advertisement

Source Energy Services Ltd (SHLE) Earnings Dates, Call Summary & Reports

Compare
47 Followers

Earnings Data

Report Date
Mar 05, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.63
Last Year’s EPS
-0.53
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture with significant challenges such as decreased sand sales and revenue, a drop in adjusted EBITDA, and challenges in the natural gas market due to external factors. However, the company is making strategic moves with infrastructure expansion, asset acquisition, debt reduction, and share repurchases. The overall sentiment leans towards caution due to the highlighted challenges outweighing the progress made.
Company Guidance
During the Source Energy Services Third Quarter 2025 Results Conference Call, CEO Scott Melbourn and CFO Derren Newell provided detailed guidance on the company's performance and future expectations. The company experienced a 31% decrease in sand sales volumes, totaling 665,000 metric tons, resulting in a corresponding $42 million decline in sand revenue compared to the previous year. Despite reduced activity in Q3 due to weaker commodity prices and economic uncertainty, Source anticipates a strong rebound in Q4 and expects 2025 proppant demand to be on par with or slightly exceed 2024 levels. Adjusted EBITDA for the quarter was $20.3 million, down by $15.1 million from Q3 2024. The company also focused on financial discipline, reducing outstanding debt by $11.7 million and repurchasing 392,000 shares through their normal course issuer bid. Looking ahead, Source anticipates growth in 2026 driven by increased LNG export capabilities and continues to expand its infrastructure, including the Peace River facility, which is set for further expansion to 3 million tonnes per year. Capital expenditures were reported at $18.5 million for Q3, with future investments depending on market conditions and customer demand.
Infrastructure Expansion and Asset Acquisition
The Peace River mine expansion to 1 million tonnes processing capacity is nearing completion, and the Taylor terminal became fully operational during the quarter. Source also acquired sand processing assets at a very attractive price, which will be used for future expansion.
Debt Reduction and Share Repurchases
The company reduced outstanding debt by $11.7 million this quarter and a total of $19.9 million for the year. Additionally, 392,000 shares have been repurchased since May, including 167,500 in Q3, enhancing shareholder value.

Source Energy Services Ltd (TSE:SHLE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:SHLE Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 05, 2026
2025 (Q4)
0.63 / -
-0.53
Nov 06, 2025
2025 (Q3)
0.20 / -0.46
0.74-162.16% (-1.20)
Jul 30, 2025
2025 (Q2)
0.69 / 1.01
0.26288.46% (+0.75)
May 08, 2025
2025 (Q1)
0.73 / 1.74
0.141142.86% (+1.60)
Feb 27, 2025
2024 (Q4)
0.28 / -0.53
10.71-104.95% (-11.24)
Nov 07, 2024
2024 (Q3)
0.61 / 0.74
0.28164.29% (+0.46)
Aug 01, 2024
2024 (Q2)
0.63 / 0.26
0.230.00% (+0.06)
May 09, 2024
2024 (Q1)
0.58 / 0.14
0.58-75.86% (-0.44)
Mar 07, 2024
2023 (Q4)
0.38 / 10.71
-0.462428.26% (+11.17)
Nov 09, 2023
2023 (Q3)
0.19 / 0.28
0.38-26.32% (-0.10)
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
Nov 06, 2025
C$12.21C$10.71-12.29%
Jul 30, 2025
C$14.98C$13.80-7.88%
May 08, 2025
C$10.40C$11.96+15.00%
Feb 27, 2025
C$12.40C$11.62-6.29%
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 Mar 05, 2026, After Close (Confirmed).
    What is Source Energy Services Ltd (TSE:SHLE) earnings time?
    Source Energy Services Ltd (TSE:SHLE) earnings time is at Mar 05, 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 2025 (Q4) is 0.63.
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis