Secure Energy Services Inc. (TSE:SES – Get Rating) declared a quarterly dividend on Wednesday, September 28th, TickerTech reports. Investors of record on Friday, October 14th will be paid a dividend of 0.0075 per share on Friday, October 14th. This represents a $0.03 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Wednesday, September 28th.
Secure Energy Services Stock Performance
TSE SES opened at C$5.50 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.33 and a debt-to-equity ratio of 98.59. The company has a market capitalization of C$1.70 billion and a P/E ratio of -9.05. Secure Energy Services has a 12-month low of C$4.25 and a 12-month high of C$7.58. The firm has a 50-day moving average price of C$5.94 and a two-hundred day moving average price of C$6.09.
Get Secure Energy Services alerts:Secure Energy Services (TSE:SES – Get Rating) last posted its quarterly earnings data on Wednesday, July 27th. The company reported C$0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.08 by C$0.09. The business had revenue of C$355.00 million during the quarter, compared to the consensus estimate of C$320.30 million. Analysts anticipate that Secure Energy Services will post 0.6 earnings per share for the current year.
Insider Buying and Selling at Secure Energy Services
In other Secure Energy Services news, Director Rene Amirault purchased 9,700 shares of the firm's stock in a transaction on Monday, September 12th. The stock was purchased at an average cost of C$5.64 per share, for a total transaction of C$54,727.40. Following the transaction, the director now owns 445,873 shares in the company, valued at approximately C$2,515,615.47.Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on SES. Raymond James upped their price target on shares of Secure Energy Services from C$8.50 to C$8.75 and gave the stock a "strong-buy" rating in a report on Tuesday, May 31st. TD Securities upped their price target on shares of Secure Energy Services from C$8.00 to C$8.50 and gave the stock a "buy" rating in a report on Thursday, July 28th. Finally, Stifel Nicolaus upped their price target on shares of Secure Energy Services from C$9.75 to C$10.00 in a report on Thursday, July 28th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$8.50.
About Secure Energy Services
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Secure Energy Services Inc, an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills.
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