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Source Energy Services Ltd (SHLE.TO)

Source Energy Services Ltd (SHLE.TO)
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Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. 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 site completion materials and has developed Sahara, a proprietary website mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 673,950 569,748 415,912 319,861 249,878
Sales Growth +18.29% +36.99% +30.03% +28.01% -24.95%
Net Income 9,509 167,345 -8,770 -24,403 -182,675
Net Income Growth -94.32% +2,008.15% +64.06% +86.64% -106.36%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 598,218 482,830 326,897 266,031 266,261
Total Assets Growth +23.90% +47.70% +22.88% -0.09% -46.39%
Total Liabilities 408,351 313,700 321,240 259,505 233,574
Total Liabilities Growth +30.17% -2.35% +23.79% +11.10% -21.45%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 94,388 80,242 80,173 14,011 39,371
Operating Cash Flow Growth +17.63% +0.09% +472.21% -64.41% +10.03%
Net Cash Flow 32,717 0 0 0 0
Change in Net Cash Flow unch unch unch unch unch
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