Atb Cap Markets Issues Positive Outlook for TSE:SES Earnings

Secure Energy Services Inc. (TSE:SES) – Equities researchers at Atb Cap Markets boosted their Q1 2025 earnings per share estimates for Secure Energy Services in a research report issued to clients and investors on Monday, December 16th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.32 per share for the quarter, up from their prior estimate of $0.30. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share. Atb Cap Markets also issued estimates for Secure Energy Services’ Q2 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $1.04 EPS and FY2026 earnings at $1.13 EPS.

SES has been the subject of several other research reports. ATB Capital raised their target price on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Raymond James boosted their price objective on Secure Energy Services from C$14.75 to C$15.25 and gave the company an “outperform” rating in a report on Thursday, October 31st. CIBC upped their price objective on Secure Energy Services from C$16.00 to C$17.25 in a research report on Tuesday. Scotiabank upped their price target on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Finally, Eight Capital lifted their price objective on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Secure Energy Services presently has an average rating of “Moderate Buy” and an average target price of C$16.70.

Secure Energy Services Trading Down 1.0 %

SES opened at C$16.16 on Wednesday. The stock has a 50-day moving average of C$15.46 and a 200 day moving average of C$13.11. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 52.03. Secure Energy Services has a 12 month low of C$8.77 and a 12 month high of C$17.13. The firm has a market cap of C$3.89 billion, a P/E ratio of 8.09, a P/E/G ratio of 0.17 and a beta of 2.41.

Secure Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.48%. Secure Energy Services’s payout ratio is 20.00%.

Insider Buying and Selling at Secure Energy Services

In other Secure Energy Services news, Director Rene Amirault sold 10,844 shares of Secure Energy Services stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of C$12.20, for a total transaction of C$132,296.80. Also, Senior Officer Michael Wayne Callihoo sold 11,400 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$12.75, for a total transaction of C$145,350.00. Insiders sold a total of 54,820 shares of company stock worth $805,315 over the last three months. Corporate insiders own 0.95% of the company’s stock.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.