Secure Energy Services Inc. delivered a steady performance in its recent earnings report, matching expectations but revealing solid growth trends.
On July 29, 2026, Secure Energy Services Inc. (SES.TO) reported its second-quarter results for the fiscal period ending June 30, 2026. The company posted earnings per share (EPS) of $0.20, perfectly aligning with analyst estimates. This marked a continuation of the company's 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
$5.23B
P/E
40.6x
Div. yield
1.70%
Div. / share
$0.41
52W high
$24.97
52W low
$15.29
1W change
+0.38%
Beta
0.73
Analyst Price Targets
Based on analyst covering SES
Wall Street analysts forecast SES stock price to rise 1.6% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$24.36
+1.6% Upside
Current Price
C$23.98
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
20.2%
Annualized
90-Day Vol
23.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$28.67
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$25.45 | C$23.74 โ C$27.29 |
| 60 trading days | C$27.01 | C$24.48 โ C$29.81 |
| 90 trading days | C$28.67 | C$25.41 โ C$32.35 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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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 | โ | 0.2600 | โ |
| 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: While SES's earnings matched estimates, the company's solid revenue growth and robust operational performance indicate potential for future upside, especially as demand for energy infrastructure services continues to rise in Canada.
Revenue up 19% year-over-year to $422 million
The company's revenue growth reflects strong operational performance and the successful integration of new projects, suggesting a positive trajectory in a competitive market.
Bull case
SES reported a 19% year-over-year increase in revenue, thanks to strong customer activity and contributions from new infrastructure projects. With plans to expand operations and a stable outlook for energy production in Western Canada, SES is in a good position to meet the rising demand for its services.
Bear case
Even though SES matched estimates, it hasn't consistently exceeded earnings expectations in recent quarters, which might raise concerns about its ability to do so in the future. Additionally, the recent moderation of commodity prices could affect its revenue growth.
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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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