OverviewSuggest Edit

SECURE Energy Services is an energy solutions company. It caters to the oil and gas industries. The company offers processing, recovery and disposal, drilling and production, crude oil logistics, marketing, and storage.

TypePublic
Founded2007
HQCalgary, CA
Websitesecure-energy.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2020)944(-26%)
Job Openings66
Revenue (FY, 2019)C$3.1 B(+5%)
Share Price (Sept 2021)C$4.6(+12%)
Cybersecurity ratingBMore
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Key People/Management at SECURE Energy Services

Chad Magus

Chad Magus

Chief Financial Officer
Michael Colodner

Michael Colodner

Director
Allen Gransch

Allen Gransch

Chief Operations Officer
Brad Munro

Brad Munro

Lead Director
Dave Engel

Dave Engel

Executive Vice President, New Ventures
Deanna Zumwalt

Deanna Zumwalt

Director
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SECURE Energy Services Office Locations

SECURE Energy Services has offices in Calgary, Clairmont, Dawson Creek, Drayton Valley and in 17 other locations
Calgary, CA (HQ)
225 6 Ave SW
Calgary, CA
205 5 Ave SW
Calgary, CA
8832 Blackfoot Trail SE #120
Clairmont, CA
721033 Range Rd 63
Edmonton, CA
8915 51 Ave NW #208
Edmonton, CA
8925 51 Ave NW #300
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SECURE Energy Services Financials and Metrics

SECURE Energy Services Revenue

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SECURE Energy Services's revenue was reported to be C$3.07 b in FY, 2019 which is a 4.6% increase from the previous period.
CAD

Revenue (FY, 2019)

3.1b

Revenue growth (FY, 2018 - FY, 2019), %

4.6%

Gross profit (FY, 2019)

125.5m

Gross profit margin (FY, 2019), %

4.1%

Net income (FY, 2019)

191.0k

EBIT (FY, 2019)

24.2m

Market capitalization (28-Sept-2021)

738.2m

Closing stock price (28-Sept-2021)

4.6

Cash (31-Dec-2019)

8.9m

EV

1.2b
SECURE Energy Services's current market capitalization is C$738.2 m.
CADFY, 2017FY, 2018FY, 2019

Revenue

2.3b2.9b3.1b

Revenue growth, %

26%5%

Cost of goods sold

2.2b2.8b2.9b

Gross profit

105.1m155.1m125.5m
CADFY, 2017FY, 2018FY, 2019

Cash

9.7m7.9m8.9m

Accounts Receivable

308.7m242.5m228.5m

Prepaid Expenses

8.8m10.9m12.0m

Inventories

72.2m70.1m65.2m
CADFY, 2017FY, 2018FY, 2019

Net Income

(34.2m)19.9m191.0k

Depreciation and Amortization

118.6m115.6m132.3m

Cash From Operating Activities

108.9m186.5m196.6m

Purchases of PP&E

(137.3m)(177.1m)(120.9m)
CADFY, 2017

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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SECURE Energy Services Operating Metrics

FY, 2019FY, 2020

Facilities

4956
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SECURE Energy Services Acquisitions / Subsidiaries

Company NameDateDeal Size
Tervita CorporationJuly 02, 2021
Alliance Energy Services International Ltd
BPV Gathering and Marketing LLC
Chaleur Terminal Inc.
Reef International Ltd.
Secure Drilling Services USA LLC
SECURE Energy (Drilling Services) Inc.
Secure Energy (Logistics Services) Inc
SECURE Energy (OnSite Services) Inc
SECURE Energy Services USA LLC.
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SECURE Energy Services Revenue Breakdown

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SECURE Energy Services revenue breakdown by business segment: 91.2% from Midstream Infrastructure, 6.0% from Technical Solutions and 2.8% from Other

SECURE Energy Services revenue breakdown by geographic segment: 93.5% from Canada and 6.5% from United States

SECURE Energy Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

SECURE Energy Services Online and Social Media Presence

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SECURE Energy Services News and Updates

SECURE ENERGY Announces Publication of 2020 Sustainability Report

SECURE ENERGY Services Inc. ("SECURE", the "Corporation", "we" or "our") (TSX: SES) announced today that the Corporation's 2020 Sustainability Report can be found on the Corporation's website.

SECURE Energy Announces Strong 2020 Discretionary Free Cash Flow of $96 Million

SECURE ENERGY Services Inc. ("SECURE") (TSX: SES) reported today its operational and financial results for the three and twelve months ended December 31, 2020, highlighted by 2020 discretionary free cash flow of $95.8 million.

SECURE ENERGY Announces Quarterly Dividend and Timing of 2020 Fourth Quarter and Year-End Results

SECURE ENERGY Services Inc. ("SECURE") (TSX: SES) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.0075 (0.75 cents) per common share payable on or about January 15, 2021, to shareholders of record on January 1, 2021.

SECURE Energy Services Frequently Asked Questions

  • When was SECURE Energy Services founded?

    SECURE Energy Services was founded in 2007.

  • Who are SECURE Energy Services key executives?

    SECURE Energy Services's key executives are Chad Magus, Michael Colodner and Allen Gransch.

  • How many employees does SECURE Energy Services have?

    SECURE Energy Services has 944 employees.

  • What is SECURE Energy Services revenue?

    Latest SECURE Energy Services annual revenue is C$3.1 b.

  • What is SECURE Energy Services revenue per employee?

    Latest SECURE Energy Services revenue per employee is C$3.3 m.

  • Who are SECURE Energy Services competitors?

    Competitors of SECURE Energy Services include Newpark Resources, CES Energy Solutions and Plains All American Pipeline.

  • Where is SECURE Energy Services headquarters?

    SECURE Energy Services headquarters is located at 225 6 Ave SW, Calgary.

  • Where are SECURE Energy Services offices?

    SECURE Energy Services has offices in Calgary, Clairmont, Dawson Creek, Drayton Valley and in 17 other locations.

  • How many offices does SECURE Energy Services have?

    SECURE Energy Services has 26 offices.