Despite a modest earnings surprise, Secure Energy Services Inc. showcases resilience with solid operational metrics.
Secure Energy Services Inc. (SES.TO) reported its second-quarter earnings on July 29, 2026, delivering an EPS of $0.20, which matched analyst estimates. This marks a continuation of the company's recent trend of steady performance amidst fluctuating market conditions.
Recent earnings trend
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Secure Energy Services Inc.
SES.TO
SES.TO
Secure Energy Services Inc.
WealthAwesomeMarket cap
$5.27B
P/E
40.9x
Div. yield
1.69%
Div. / share
$0.41
52W high
$24.85
52W low
$14.74
1W change
+2.76%
Beta
0.73
Analyst Price Targets
Based on analyst covering SES
Wall Street analysts forecast SES stock price to rise 0.6% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$24.31
+0.6% Upside
Current Price
C$24.16
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SES's historical volatility
30-Day Vol
26.1%
Annualized
90-Day Vol
25.0%
Annualized
Trend (90d)
+46.8%
Annualized drift
90d Mean
C$28.56
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$25.55 | C$23.34 – C$27.96 |
| 60 trading days | C$27.01 | C$23.78 – C$30.68 |
| 90 trading days | C$28.56 | C$24.43 – C$33.39 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 0.2600 | — |
| 2026-06-30 | 2026-07-29 | 0.2000 | 0.2000 | +0.0% |
| 2026-03-31 | 2026-04-30 | 0.1800 | 0.2600 | -30.8% |
| 2025-12-31 | 2026-02-20 | 0.2400 | 0.2400 | +0.0% |
| 2025-09-30 | 2025-10-30 | 0.0100 | 0.2500 | -96.0% |
| 2025-06-30 | 2025-07-29 | 0.1300 | 0.1500 | -13.3% |
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Investor takeaway: Investors should consider SES's consistent revenue growth and solid EBITDA margins as indicators of its operational strength, despite the lack of earnings surprises in recent quarters.
19% Revenue Growth Year-Over-Year
Secure Energy's revenue surged to $422 million in Q2 2026, showcasing the company's ability to capitalize on favorable operating conditions and strong customer demand, contributing to an optimistic outlook for future quarters.
Bull case
The company reported a 19% increase in revenue compared to last year, along with a strong adjusted EBITDA margin. This reflects its solid position in the market and operational efficiency. If Secure Energy continues to invest in infrastructure and benefits from favorable market conditions, it could see further growth ahead.
Bear case
However, the stock has not had any earnings surprises in the last four quarters, and with a P/E ratio above 40, it might face challenges in valuation unless it can consistently exceed expectations in future earnings reports.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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