STEP Energy Services Ltd trades with the ticker STEP on the TSX and is in the Oil & Gas Equipment & Services industry.
Overview
STEP Energy Services Ltd., an oilfield service company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects. The company engages in fracturing logistics, engineering, remote fracture monitoring, and laboratory services. In addition, it offers pipeline, facility maintenance, pipeline pigging, and purging services. STEP Energy Services Ltd. was incorporated in 2011 and is headquartered in Calgary, Canada.
Looking to invest in STEP Energy Services Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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STEP.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $321.437MM
PE Ratio: 4.635
Price: 33.95 (Updated: 3/12/2024 0:47:16)
STEP Energy Services Ltd (STEP) vs Competitors in Oil & Gas Equipment & Services
Lets see how STEP.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, Essential Energy Services Ltd, High Arctic Energy Services Inc
.Oil & Gas Equipment & Services Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| CES Energy Solutions Corp (CEU) | $1,104.131 | 8.464 | 5.128 | 2.5% |
| Calfrac Well Services Ltd (CFW) | $389.09 | 2.33 | 1.994 | N/A% |
| Enerflex Ltd (EFX) | $1,044.958 | N/A | 6.205 | 1.2% |
| Essential Energy Services Ltd (ESN) | $50.2 | 40.0 | 5.225 | 0.0% |
| High Arctic Energy Services Inc (HWO) | $52.561 | N/A | -0.744 | 5.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas Equipment & Services
- STEP Energy Services Ltd (STEP) vs CES Energy Solutions Corp (CEU)
- STEP has higher EPS (0.96 vs 0.56). CEU provides dividends, while STEP does not. CEU has a higher P/E ratio (8.464 vs 4.635) indicating it’s more expensive.
- STEP Energy Services Ltd (STEP) vs Calfrac Well Services Ltd (CFW)
- CFW has higher EPS (2.06 vs 0.96). STEP has a higher P/E ratio (4.635 vs 2.33) indicating it’s more expensive.
- STEP Energy Services Ltd (STEP) vs Enerflex Ltd (EFX)
- STEP has higher EPS (0.96 vs -0.9). EFX provides dividends, while STEP does not. EFX has a P/E under 0, indicating STEP (P/E 4.635) is in a better position.
- STEP Energy Services Ltd (STEP) vs Essential Energy Services Ltd (ESN)
- STEP has higher EPS (0.96 vs 0.01). ESN provides dividends, while STEP does not. ESN has a higher P/E ratio (40.0 vs 4.635) indicating it’s more expensive.
- STEP Energy Services Ltd (STEP) vs High Arctic Energy Services Inc (HWO)
- STEP has higher EPS (0.96 vs -0.5). HWO provides dividends, while STEP does not. HWO has a P/E under 0, indicating STEP (P/E 4.635) is in a better position.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (4.63) than the industry average (11.70), indicating potential undervaluation. Features a lower EV/EBITDA ratio (2.25) than the industry average (3.61), indicating attractive valuation.
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