Source Energy Services (TSE:SHLE) Shares Down 1% – Here’s What Happened

Posted by Teresa Graham on Jul 28th, 2026

Source Energy Services Ltd. (TSE:SHLE – Get Free Report)’s share price dropped 1% during mid-day trading on Monday . The stock traded as low as C$12.30 and last traded at C$12.46. 3,863 shares were traded during mid-day trading, a decline of 86% from the average session volume of 27,853 shares. The stock had previously closed at C$12.58.

Source Energy Services Stock Down 1.0%

The company has a quick ratio of 0.22, a current ratio of 1.38 and a debt-to-equity ratio of 142.54. The firm has a market cap of C$162.81 million, a price-to-earnings ratio of 25.43 and a beta of 1.35. The stock’s 50 day moving average is C$13.70 and its 200 day moving average is C$15.32.

Source Energy Services (TSE:SHLE – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C($0.25) EPS for the quarter. The firm had revenue of C$160.22 million for the quarter. Source Energy Services had a return on equity of 2.93% and a net margin of 0.95%. Analysts forecast that Source Energy Services Ltd. will post 3.2287234 EPS for the current year.

Insider Activity at Source Energy Services

In other news, insider Catherine Victoria Reynolds sold 4,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$14.72, for a total value of C$66,240.00. Following the sale, the insider owned 28,283 shares of the company’s stock, valued at approximately C$416,325.76. The trade was a 13.73% decrease in their position. Corporate insiders own 11.09% of the company’s stock.

Source Energy Services Company Profile

(Get Free Report)

Source Energy Services Ltd is a Canada based company engaged in the production, supply, and distribution of Northern White frac sand, as well as the distribution of other bulk completion materials not produced by the company. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system.