Sector: Energy | Industry: Oil Related Services and Equipment |
Company Contact | |
Address: | Brookfield Place, 2300, 225 6 Avenue SW CALGARY AB T2P 1N2 |
Tel: | N/A |
Website: | https://www.secure-energy.com |
IR: | See website |
Key People | ||
Allen Peter Gransch President | Rene E. Amirault Chief Executive Officer, Director | Chad Magus Chief Financial Officer |
Corey Higham Chief Operating Officer | James Anderson Senior Vice President - Fluids Management | David Engel Senior Vice President - Industrial Landfills, Waste Transfer Facilities, and Projects | Michael Callihoo General Counsel, Corporate Secretary |
Business Overview |
SECURE Energy Services Inc. is a Canada-based environmental and energy infrastructure company. The Company operates through three segments: Environmental Waste Management (EWM) Infrastructure, Energy Infrastructure and Oilfield Services. Its EWM Infrastructure segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer facilities, and metal recycling facilities. Through this infrastructure network, the Company carries out business operations, including the processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers. Its Energy Infrastructure segment includes a network of crude oil gathering pipelines, terminals and storage facilities. Through this infrastructure network, the Company is engaged in the transportation, optimization, terminalling and storage of crude oil. Its Oilfield Services segment includes drilling fluid management, and project management services. |
Financial Overview |
For the fiscal year ended 31 December 2023, Secure Energy Services Inc revenues increased 3% to C$8.24B. Net income increased 6% to C$195M. Revenues reflect USA segment increase of 35% to C$74M. Net income benefited from Transaction Costs decrease of 86% to C$5M (expense), Depreciation decrease of 62% to C$5M (expense). Dividend per share increased from C$0.12 to C$0.40. |
Employees: | 1,847 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4,202M as of Dec 31, 2023 |
Annual revenue (TTM): | $8,244M as of Dec 31, 2023 |
EBITDA (TTM): | $589.00M as of Dec 31, 2023 |
Net annual income (TTM): | $195.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $110.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,090M as of Dec 31, 2023 |
Shares outstanding: | 279,059,726 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |