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Source Energy Services Ltd
Buy, Hold or Sell?

Let's analyse Source Energy Services Ltd together

PenkeI guess you are interested in Source Energy Services Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Source Energy Services Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Source Energy Services Ltd (30 sec.)










What can you expect buying and holding a share of Source Energy Services Ltd? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
6.3%

What is your share worth?

Current worth
C$12.49
Expected worth in 1 year
C$24.56
How sure are you?
37.5%

+ What do you gain per year?

Total Gains per Share
C$12.07
Return On Investment
87.2%

For what price can you sell your share?

Current Price per Share
C$13.84
Expected price per share
C$8.77 - C$
How sure are you?
50%

1. Valuation of Source Energy Services Ltd (5 min.)




Live pricePrice per Share (EOD)

C$13.84

Intrinsic Value Per Share

C$40.53 - C$47.44

Total Value Per Share

C$53.02 - C$59.93

2. Growth of Source Energy Services Ltd (5 min.)




Is Source Energy Services Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$124.5m$4.9m$34.8m87.5%

How much money is Source Energy Services Ltd making?

Current yearPrevious yearGrowGrow %
Making money$30.8m-$539.1k$31.3m101.8%
Net Profit Margin27.3%-2.3%--

How much money comes from the company's main activities?

3. Financial Health of Source Energy Services Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas Equipment & Services industry (5 min.)




  Industry Rankings (Oil & Gas Equipment & Services)  


Richest
#95 / 168

Most Revenue
#82 / 168

Most Profit
#31 / 168

What can you expect buying and holding a share of Source Energy Services Ltd? (5 min.)

Welcome investor! Source Energy Services Ltd's management wants to use your money to grow the business. In return you get a share of Source Energy Services Ltd.

What can you expect buying and holding a share of Source Energy Services Ltd?

First you should know what it really means to hold a share of Source Energy Services Ltd. And how you can make/lose money.

Speculation

The Price per Share of Source Energy Services Ltd is C$13.84. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Source Energy Services Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Source Energy Services Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$12.49. Based on the TTM, the Book Value Change Per Share is C$3.02 per quarter. Based on the YOY, the Book Value Change Per Share is C$-0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Source Energy Services Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps8.3260.1%2.2716.4%-0.12-0.9%-0.37-2.7%-0.33-2.4%
Usd Book Value Change Per Share8.1458.8%2.2216.1%-0.01-0.1%-0.37-2.7%0.292.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share8.1458.8%2.2216.1%-0.01-0.1%-0.36-2.6%0.292.1%
Usd Price Per Share4.39-3.51-1.37-1.35-1.80-
Price to Earnings Ratio0.13-2.98-0.14-0.08--0.90-
Price-to-Total Gains Ratio0.54-68.37--0.32-12.08-8.84-
Price to Book Ratio0.48-2.90--3.12--0.10-0.01-
Price-to-Total Gains Ratio0.54-68.37--0.32-12.08-8.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.190392
Number of shares98
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share2.22-0.37
Usd Total Gains Per Share2.22-0.36
Gains per Quarter (98 shares)217.71-35.68
Gains per Year (98 shares)870.85-142.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
108718612-144-153
20174217323-289-296
30261326035-433-439
40348334747-578-582
50435443459-722-725
605225521610-866-868
706096608712-1011-1011
806967695814-1155-1154
907838782915-1300-1297
1008709870017-1444-1440

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%6.06.00.050.0%7.013.00.035.0%10.022.00.031.3%10.022.00.031.3%
Book Value Change Per Share4.00.00.0100.0%6.06.00.050.0%7.013.00.035.0%12.017.03.037.5%12.017.03.037.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%2.00.018.010.0%2.00.030.06.3%2.00.030.06.3%
Total Gains per Share4.00.00.0100.0%6.06.00.050.0%7.013.00.035.0%12.017.03.037.5%12.017.03.037.5%

Fundamentals of Source Energy Services Ltd

About Source Energy Services Ltd

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system. The company was founded in 1998 and is headquartered in Calgary, Canada.

Fundamental data was last updated by Penke on 2024-03-12 23:59:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Source Energy Services Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Source Energy Services Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • A Net Profit Margin of 99.1% means that $0.99 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Source Energy Services Ltd:

  • The MRQ is 99.1%. The company is making a huge profit. +2
  • The TTM is 27.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ99.1%TTM27.3%+71.8%
TTM27.3%YOY-2.3%+29.5%
TTM27.3%5Y-15.6%+42.9%
5Y-15.6%10Y-15.5%-0.1%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ99.1%3.6%+95.5%
TTM27.3%4.3%+23.0%
YOY-2.3%1.9%-4.2%
5Y-15.6%-4.1%-11.5%
10Y-15.5%-3.6%-11.9%
1.1.2. Return on Assets

Shows how efficient Source Energy Services Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • 31.7% Return on Assets means that Source Energy Services Ltd generated $0.32 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Source Energy Services Ltd:

  • The MRQ is 31.7%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 9.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ31.7%TTM9.0%+22.7%
TTM9.0%YOY-0.2%+9.2%
TTM9.0%5Y-2.4%+11.5%
5Y-2.4%10Y-1.8%-0.7%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ31.7%1.0%+30.7%
TTM9.0%1.0%+8.0%
YOY-0.2%0.4%-0.6%
5Y-2.4%-0.4%-2.0%
10Y-1.8%-0.4%-1.4%
1.1.3. Return on Equity

Shows how efficient Source Energy Services Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • 90.5% Return on Equity means Source Energy Services Ltd generated $0.90 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Source Energy Services Ltd:

  • The MRQ is 90.5%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 46.4%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ90.5%TTM46.4%+44.1%
TTM46.4%YOY-18.7%+65.1%
TTM46.4%5Y-50.4%+96.8%
5Y-50.4%10Y-31.6%-18.8%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ90.5%2.1%+88.4%
TTM46.4%2.8%+43.6%
YOY-18.7%1.2%-19.9%
5Y-50.4%-1.2%-49.2%
10Y-31.6%-0.7%-30.9%

1.2. Operating Efficiency of Source Energy Services Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Source Energy Services Ltd is operating .

  • Measures how much profit Source Energy Services Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Source Energy Services Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.3%-5.3%
TTM5.3%YOY4.1%+1.2%
TTM5.3%5Y-10.9%+16.1%
5Y-10.9%10Y-9.2%-1.7%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.5%-6.5%
TTM5.3%4.7%+0.6%
YOY4.1%4.4%-0.3%
5Y-10.9%-1.1%-9.8%
10Y-9.2%0.1%-9.3%
1.2.2. Operating Ratio

Measures how efficient Source Energy Services Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • An Operation Ratio of 1.73 means that the operating costs are $1.73 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Source Energy Services Ltd:

  • The MRQ is 1.732. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.512. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.732TTM1.512+0.220
TTM1.512YOY0.963+0.548
TTM1.5125Y1.130+0.382
5Y1.13010Y1.100+0.029
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7321.341+0.391
TTM1.5121.305+0.207
YOY0.9631.036-0.073
5Y1.1301.1300.000
10Y1.1001.089+0.011

1.3. Liquidity of Source Energy Services Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Source Energy Services Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A Current Ratio of 1.26 means the company has $1.26 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Source Energy Services Ltd:

  • The MRQ is 1.257. The company is just able to pay all its short-term debts.
  • The TTM is 1.420. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.257TTM1.420-0.163
TTM1.420YOY1.435-0.015
TTM1.4205Y1.599-0.179
5Y1.59910Y1.608-0.009
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2571.520-0.263
TTM1.4201.567-0.147
YOY1.4351.650-0.215
5Y1.5991.744-0.145
10Y1.6081.807-0.199
1.3.2. Quick Ratio

Measures if Source Energy Services Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • A Quick Ratio of 0.41 means the company can pay off $0.41 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Source Energy Services Ltd:

  • The MRQ is 0.406. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.318. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.318+0.088
TTM0.318YOY0.018+0.301
TTM0.3185Y0.508-0.190
5Y0.50810Y0.642-0.134
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4060.867-0.461
TTM0.3180.929-0.611
YOY0.0180.992-0.974
5Y0.5081.091-0.583
10Y0.6421.144-0.502

1.4. Solvency of Source Energy Services Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Source Energy Services Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Source Energy Services Ltd to Oil & Gas Equipment & Services industry mean.
  • A Debt to Asset Ratio of 0.65 means that Source Energy Services Ltd assets are financed with 65.0% credit (debt) and the remaining percentage (100% - 65.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Source Energy Services Ltd:

  • The MRQ is 0.650. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.876. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.650TTM0.876-0.226
TTM0.876YOY0.978-0.102
TTM0.8765Y0.856+0.020
5Y0.85610Y0.706+0.150
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6500.497+0.153
TTM0.8760.497+0.379
YOY0.9780.527+0.451
5Y0.8560.515+0.341
10Y0.7060.486+0.220
1.4.2. Debt to Equity Ratio

Measures if Source Energy Services Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • A Debt to Equity ratio of 185.5% means that company has $1.85 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Source Energy Services Ltd:

  • The MRQ is 1.855. The company is just able to pay all its debts with equity.
  • The TTM is 15.590. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ1.855TTM15.590-13.735
TTM15.590YOY31.736-16.146
TTM15.5905Y17.750-2.161
5Y17.75010Y11.252+6.498
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8550.976+0.879
TTM15.5900.971+14.619
YOY31.7361.008+30.728
5Y17.7501.040+16.710
10Y11.2521.025+10.227

2. Market Valuation of Source Energy Services Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Source Energy Services Ltd generates.

  • Above 15 is considered overpriced but always compare Source Energy Services Ltd to the Oil & Gas Equipment & Services industry mean.
  • A PE ratio of 0.13 means the investor is paying $0.13 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Source Energy Services Ltd:

  • The EOD is 0.306. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.132. Based on the earnings, the company is cheap. +2
  • The TTM is 2.980. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.306MRQ0.132+0.174
MRQ0.132TTM2.980-2.848
TTM2.980YOY0.137+2.843
TTM2.9805Y0.075+2.904
5Y0.07510Y-0.902+0.977
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.3065.658-5.352
MRQ0.1324.864-4.732
TTM2.9805.338-2.358
YOY0.1373.830-3.693
5Y0.0755.203-5.128
10Y-0.9027.386-8.288
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Source Energy Services Ltd:

  • The EOD is 2.795. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.204. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.107. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.795MRQ1.204+1.592
MRQ1.204TTM1.107+0.097
TTM1.107YOY0.745+0.361
TTM1.1075Y0.523+0.584
5Y0.52310Y0.822-0.299
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD2.7953.861-1.066
MRQ1.2043.514-2.310
TTM1.1071.849-0.742
YOY0.745-0.774+1.519
5Y0.5230.184+0.339
10Y0.8220.430+0.392
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Source Energy Services Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A PB ratio of 0.48 means the investor is paying $0.48 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Source Energy Services Ltd:

  • The EOD is 1.108. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.477. Based on the equity, the company is cheap. +2
  • The TTM is 2.903. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.108MRQ0.477+0.631
MRQ0.477TTM2.903-2.426
TTM2.903YOY-3.125+6.028
TTM2.9035Y-0.098+3.001
5Y-0.09810Y0.011-0.109
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.1081.258-0.150
MRQ0.4771.184-0.707
TTM2.9031.199+1.704
YOY-3.1251.274-4.399
5Y-0.0981.120-1.218
10Y0.0111.358-1.347
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Source Energy Services Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--11.0533.017+266%-0.016+100%-0.500+105%0.390+2733%
Book Value Per Share--12.4863.999+212%0.483+2486%4.991+150%7.190+74%
Current Ratio--1.2571.420-11%1.435-12%1.599-21%1.608-22%
Debt To Asset Ratio--0.6500.876-26%0.978-34%0.856-24%0.706-8%
Debt To Equity Ratio--1.85515.590-88%31.736-94%17.750-90%11.252-84%
Dividend Per Share----0%-0%0.006-100%0.004-100%
Eps--11.2963.089+266%-0.168+101%-0.507+104%-0.442+104%
Free Cash Flow Per Share--1.2381.073+15%1.166+6%0.682+81%0.306+304%
Free Cash Flow To Equity Per Share---0.242-0.801+230%-0.023-91%-0.179-26%0.291-183%
Gross Profit Margin--1.0000.935+7%0.998+0%1.100-9%1.111-10%
Intrinsic Value_10Y_max--47.444--------
Intrinsic Value_10Y_min--40.533--------
Intrinsic Value_1Y_max--3.404--------
Intrinsic Value_1Y_min--3.343--------
Intrinsic Value_3Y_max--11.257--------
Intrinsic Value_3Y_min--10.726--------
Intrinsic Value_5Y_max--20.350--------
Intrinsic Value_5Y_min--18.800--------
Market Cap187464184.000+57%80728796.00064576264.250+25%25462304.650+217%24790422.605+226%33140739.722+144%
Net Profit Margin--0.9910.273+263%-0.023+102%-0.156+116%-0.155+116%
Operating Margin---0.053-100%0.041-100%-0.1090%-0.0920%
Operating Ratio--1.7321.512+15%0.963+80%1.130+53%1.100+57%
Pb Ratio1.108+57%0.4772.903-84%-3.125+755%-0.098+121%0.011+4175%
Pe Ratio0.306+57%0.1322.980-96%0.137-4%0.075+75%-0.902+783%
Price Per Share13.840+57%5.9604.768+25%1.863+220%1.827+226%2.445+144%
Price To Free Cash Flow Ratio2.795+57%1.2041.107+9%0.745+61%0.523+130%0.822+47%
Price To Total Gains Ratio1.252+57%0.53968.371-99%-0.322+160%12.083-96%8.843-94%
Quick Ratio--0.4060.318+28%0.018+2204%0.508-20%0.642-37%
Return On Assets--0.3170.090+252%-0.002+101%-0.024+108%-0.018+106%
Return On Equity--0.9050.464+95%-0.187+121%-0.504+156%-0.316+135%
Total Gains Per Share--11.0533.017+266%-0.016+100%-0.494+104%0.394+2706%
Usd Book Value--124530419.00039881321.350+212%4986959.900+2397%49811357.670+150%71732577.909+74%
Usd Book Value Change Per Share--8.1382.222+266%-0.012+100%-0.368+105%0.287+2733%
Usd Book Value Per Share--9.1942.944+212%0.355+2486%3.675+150%5.294+74%
Usd Dividend Per Share----0%-0%0.004-100%0.003-100%
Usd Eps--8.3172.274+266%-0.124+101%-0.373+104%-0.325+104%
Usd Free Cash Flow--12344069.50010699727.525+15%11966347.600+3%6870231.225+80%3096578.678+299%
Usd Free Cash Flow Per Share--0.9110.790+15%0.859+6%0.502+81%0.226+304%
Usd Free Cash Flow To Equity Per Share---0.178-0.590+230%-0.017-91%-0.132-26%0.214-183%
Usd Market Cap138029878.679+57%59440612.49547547503.367+25%18747894.914+217%18253188.164+226%24401526.657+144%
Usd Price Per Share10.190+57%4.3883.510+25%1.371+220%1.345+226%1.800+144%
Usd Profit--112653900.00030804030.875+266%-539155.675+100%-5110879.190+105%-4439819.972+104%
Usd Revenue--113708281.600104876363.100+8%76559001.400+49%69519862.955+64%62863453.250+81%
Usd Total Gains Per Share--8.1382.222+266%-0.012+100%-0.364+104%0.290+2706%
 EOD+4 -4MRQTTM+28 -6YOY+26 -85Y+22 -1310Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Source Energy Services Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.306
Price to Book Ratio (EOD)Between0-11.108
Net Profit Margin (MRQ)Greater than00.991
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.406
Current Ratio (MRQ)Greater than11.257
Debt to Asset Ratio (MRQ)Less than10.650
Debt to Equity Ratio (MRQ)Less than11.855
Return on Equity (MRQ)Greater than0.150.905
Return on Assets (MRQ)Greater than0.050.317
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Source Energy Services Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5086.969
Ma 20Greater thanMa 5010.360
Ma 50Greater thanMa 1009.123
Ma 100Greater thanMa 2007.851
OpenGreater thanClose12.840
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets482,830
Total Liabilities313,700
Total Stockholder Equity169,130
 As reported
Total Liabilities 313,700
Total Stockholder Equity+ 169,130
Total Assets = 482,830

Assets

Total Assets482,830
Total Current Assets136,183
Long-term Assets346,647
Total Current Assets
Net Receivables 44,010
Inventory 85,099
Total Current Assets  (as reported)136,183
Total Current Assets  (calculated)129,109
+/- 7,074
Long-term Assets
Property Plant Equipment 315,832
Long-term Assets  (as reported)346,647
Long-term Assets  (calculated)315,832
+/- 30,815

Liabilities & Shareholders' Equity

Total Current Liabilities108,371
Long-term Liabilities205,329
Total Stockholder Equity169,130
Total Current Liabilities
Short Long Term Debt 17,561
Total Current Liabilities  (as reported)108,371
Total Current Liabilities  (calculated)17,561
+/- 90,810
Long-term Liabilities
Long term Debt 141,534
Capital Lease Obligations Min Short Term Debt62,690
Long-term Liabilities  (as reported)205,329
Long-term Liabilities  (calculated)204,224
+/- 1,105
Total Stockholder Equity
Total Stockholder Equity (as reported)169,130
Total Stockholder Equity (calculated)0
+/- 169,130
Other
Capital Stock410,632
Common Stock Shares Outstanding 13,545
Net Debt 159,095
Net Invested Capital 328,225
Net Working Capital 27,812
Property Plant and Equipment Gross 614,552



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-31
> Total Assets 
0
0
0
219,406
236,606
331,593
344,927
467,957
515,938
547,780
525,176
520,341
608,786
576,644
496,559
496,665
328,804
288,108
289,278
266,261
258,262
252,522
260,085
266,031
272,911
310,660
307,350
326,897
335,239
324,257
321,813
482,830
482,830321,813324,257335,239326,897307,350310,660272,911266,031260,085252,522258,262266,261289,278288,108328,804496,665496,559576,644608,786520,341525,176547,780515,938467,957344,927331,593236,606219,406000
   > Total Current Assets 
0
0
0
45,287
64,213
94,552
99,163
108,553
143,903
159,967
140,620
105,005
122,630
113,410
96,703
113,022
104,765
77,546
103,712
91,547
91,892
90,938
97,689
106,745
119,655
128,396
117,520
122,545
131,868
124,742
128,951
136,183
136,183128,951124,742131,868122,545117,520128,396119,655106,74597,68990,93891,89291,547103,71277,546104,765113,02296,703113,410122,630105,005140,620159,967143,903108,55399,16394,55264,21345,287000
       Cash And Cash Equivalents 
0
0
0
0
0
10,230
0
0
0
0
4,616
4,574
0
0
0
0
0
0
0
0
0
3,027
1,400
0
-36,158
-62,110
-64,498
-68,422
-66,174
0
0
0
000-66,174-68,422-64,498-62,110-36,15801,4003,0270000000004,5744,616000010,23000000
       Net Receivables 
0
0
0
14,634
36,202
51,318
67,483
54,114
79,808
91,845
71,927
24,533
65,937
50,181
34,635
49,538
51,384
15,652
51,443
33,644
45,320
33,137
44,666
43,499
62,980
62,223
52,209
42,304
57,527
44,606
39,378
44,010
44,01039,37844,60657,52742,30452,20962,22362,98043,49944,66633,13745,32033,64451,44315,65251,38449,53834,63550,18165,93724,53371,92791,84579,80854,11467,48351,31836,20214,634000
       Other Current Assets 
0
0
0
2,943
3,323
9,226
4,494
5,455
7,221
6,921
6,121
8,545
5,992
5,246
3,404
2,554
3,723
3,656
4,643
4,436
3,466
3,082
3,501
6,909
4,212
6,064
5,066
76,130
70,908
0
0
0
00070,90876,1305,0666,0644,2126,9093,5013,0823,4664,4364,6433,6563,7232,5543,4045,2465,9928,5456,1216,9217,2215,4554,4949,2263,3232,943000
   > Long-term Assets 
0
0
0
174,119
172,393
237,041
245,764
359,404
372,035
387,813
384,556
415,336
486,156
463,234
399,856
383,643
224,039
210,562
185,566
174,714
166,370
161,584
162,396
159,286
153,256
182,264
189,830
204,352
203,371
199,515
192,862
346,647
346,647192,862199,515203,371204,352189,830182,264153,256159,286162,396161,584166,370174,714185,566210,562224,039383,643399,856463,234486,156415,336384,556387,813372,035359,404245,764237,041172,393174,119000
       Property Plant Equipment 
0
0
0
173,490
171,449
229,378
234,090
351,395
364,874
382,095
378,096
401,993
470,670
445,595
368,657
353,069
224,039
210,562
185,566
174,714
166,370
161,269
162,081
158,749
153,147
181,410
189,830
193,459
192,486
188,861
189,258
315,832
315,832189,258188,861192,486193,459189,830181,410153,147158,749162,081161,269166,370174,714185,566210,562224,039353,069368,657445,595470,670401,993378,096382,095364,874351,395234,090229,378171,449173,490000
       Other Assets 
0
0
0
0
944
7,663
11,674
8,009
7,161
5,718
6,460
13,343
15,486
17,639
31,199
30,574
0
0
0
0
0
315
315
537
109
854
0
10,893
10,885
10,654
3,604
0
03,60410,65410,88510,89308541095373153150000030,57431,19917,63915,48613,3436,4605,7187,1618,00911,6747,6639440000
> Total Liabilities 
0
0
0
278,625
298,792
135,135
151,077
185,767
221,431
237,786
220,917
215,675
317,969
312,440
290,372
297,356
298,156
277,302
289,416
233,574
233,105
230,382
239,160
259,505
274,353
304,932
290,201
321,240
321,298
310,086
302,397
313,700
313,700302,397310,086321,298321,240290,201304,932274,353259,505239,160230,382233,105233,574289,416277,302298,156297,356290,372312,440317,969215,675220,917237,786221,431185,767151,077135,135298,792278,625000
   > Total Current Liabilities 
0
0
0
39,076
45,999
35,486
37,217
73,406
58,322
59,483
57,062
42,020
76,177
67,561
62,504
67,426
60,294
61,507
65,592
46,037
50,786
51,638
54,682
50,308
63,858
65,457
233,596
87,453
87,018
83,574
91,135
108,371
108,37191,13583,57487,01887,453233,59665,45763,85850,30854,68251,63850,78646,03765,59261,50760,29467,42662,50467,56176,17742,02057,06259,48358,32273,40637,21735,48645,99939,076000
       Short-term Debt 
0
0
0
1,109
750
628
833
33,692
863
835
618
516
21,655
20,135
20,511
19,706
21,503
22,916
11,332
11,036
18,048
18,126
18,421
19,858
17,467
19,241
180,479
17,700
17,688
0
0
0
00017,68817,700180,47919,24117,46719,85818,42118,12618,04811,03611,33222,91621,50319,70620,51120,13521,65551661883586333,6928336287501,109000
       Short Long Term Debt 
0
0
0
0
249,247
93,021
107,253
32,735
147,416
162,139
0
0
21,655
0
0
0
0
0
0
0
7,500
7,500
7,500
7,500
5,500
5,500
165,410
0
0
0
9,302
17,561
17,5619,302000165,4105,5005,5007,5007,5007,5007,500000000021,65500162,139147,41632,735107,25393,021249,2470000
       Accounts payable 
0
0
0
21,358
33,356
33,770
35,540
38,765
43,361
49,131
49,993
35,989
48,963
43,700
36,902
44,082
36,358
35,487
50,837
33,219
31,934
33,277
36,014
29,336
45,344
38,472
49,747
68,425
0
63,607
0
0
0063,607068,42549,74738,47245,34429,33636,01433,27731,93433,21950,83735,48736,35844,08236,90243,70048,96335,98949,99349,13143,36138,76535,54033,77033,35621,358000
       Other Current Liabilities 
0
0
0
14,817
43,917
33,770
35,717
671
44,811
9,517
326
2,771
2,653
2,756
3,020
1,603
38,030
37,309
52,720
34,225
32,723
33,512
36,261
30,356
46,391
39,491
50,833
69,600
69,297
3,495
0
0
003,49569,29769,60050,83339,49146,39130,35636,26133,51232,72334,22552,72037,30938,0301,6033,0202,7562,6532,7713269,51744,81167135,71733,77043,91714,817000
   > Long-term Liabilities 
0
0
0
239,549
252,793
99,649
113,860
112,361
163,109
178,303
163,855
173,655
241,792
244,879
227,868
229,930
237,862
215,795
223,824
187,537
182,319
178,744
184,478
209,197
210,495
239,475
56,605
233,787
234,280
226,512
211,262
205,329
205,329211,262226,512234,280233,78756,605239,475210,495209,197184,478178,744182,319187,537223,824215,795237,862229,930227,868244,879241,792173,655163,855178,303163,109112,361113,86099,649252,793239,549000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
223,476
226,663
216,201
219,159
225,519
204,532
213,598
178,574
175,014
171,305
177,685
201,609
203,368
233,429
49,864
227,240
225,557
218,470
204,546
0
0204,546218,470225,557227,24049,864233,429203,368201,609177,685171,305175,014178,574213,598204,532225,519219,159216,201226,663223,476000000000000
       Other Liabilities 
0
0
0
0
4,296
7,256
7,440
16,791
16,556
16,999
16,353
25,672
18,316
18,216
11,667
10,771
12,343
11,263
10,226
8,963
7,305
7,439
6,793
7,588
7,127
6,046
6,741
6,547
0
8,042
0
0
008,04206,5476,7416,0467,1277,5886,7937,4397,3058,96310,22611,26312,34310,77111,66718,21618,31625,67216,35316,99916,55616,7917,4407,2564,2960000
> Total Stockholder Equity
0
0
0
-59,219
-62,186
196,755
194,317
282,674
294,863
310,097
304,373
305,802
292,221
266,278
208,999
201,878
35,100
15,724
5,128
32,687
25,157
22,140
20,925
6,526
-1,442
5,728
17,149
5,657
13,941
14,171
19,416
169,130
169,13019,41614,17113,9415,65717,1495,728-1,4426,52620,92522,14025,15732,6875,12815,72435,100201,878208,999266,278292,221305,802304,373310,097294,863282,674194,317196,755-62,186-59,219000
   Common Stock
0
0
0
0
-66,825
310,898
310,898
400,812
400,812
400,812
400,812
399,511
399,340
397,911
397,911
397,911
397,911
397,911
397,911
410,632
410,632
410,632
410,632
410,632
410,632
410,632
410,632
410,632
410,632
410,632
410,632
0
0410,632410,632410,632410,632410,632410,632410,632410,632410,632410,632410,632410,632397,911397,911397,911397,911397,911397,911399,340399,511400,812400,812400,812400,812310,898310,898-66,8250000
   Retained Earnings Total Equity00000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
5,601
4,639
-24
-6,383
-8,358
-697
5,054
-32
16,162
9,491
3,293
6,263
2,004
18,690
15,039
12,038
8,218
6,074
3,929
6,293
6,460
5,132
8,094
13,644
14,361
14,766
0
0
0
00014,76614,36113,6448,0945,1326,4606,2933,9296,0748,21812,03815,03918,6902,0046,2633,2939,49116,162-325,054-697-8,358-6,383-244,6395,601000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
7,869
7,910
7,910
7,910
7,910
7,910
7,910
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
0
02,4592,4592,4592,4592,4592,4592,4592,4592,4592,4592,4592,4597,9107,9107,9107,9107,9107,9107,869000000000000
   Treasury Stock00000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
-64,820
-66,825
3,183
3,928
5,432
6,375
6,911
7,233
7,554
7,869
7,910
7,910
7,910
7,910
7,910
7,910
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
2,459
12,262
13,775
0
013,77512,2622,4592,4592,4592,4592,4592,4592,4592,4592,4592,4597,9107,9107,9107,9107,9107,9107,8697,5547,2336,9116,3755,4323,9283,183-66,825-64,820000



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue569,748
Cost of Revenue-460,342
Gross Profit109,406109,406
 
Operating Income (+$)
Gross Profit109,406
Operating Expense-515,807
Operating Income53,941-406,401
 
Operating Expense (+$)
Research Development0
Selling General Administrative39,408
Selling And Marketing Expenses0
Operating Expense515,80739,408
 
Net Interest Income (+$)
Interest Income0
Interest Expense-34,701
Other Finance Cost-1,641
Net Interest Income-36,342
 
Pretax Income (+$)
Operating Income53,941
Net Interest Income-36,342
Other Non-Operating Income Expenses0
Income Before Tax (EBT)149,968-78,428
EBIT - interestExpense = -34,701
167,345
202,046
Interest Expense34,701
Earnings Before Interest and Taxes (EBIT)0184,669
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax149,968
Tax Provision--17,377
Net Income From Continuing Ops167,345167,345
Net Income167,345
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net132,36936,342
 

Technical Analysis of Source Energy Services Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Source Energy Services Ltd. The general trend of Source Energy Services Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Source Energy Services Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Source Energy Services Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 9.81 > 9.38 > 8.77.

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Source Energy Services Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Source Energy Services Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Source Energy Services Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Source Energy Services Ltd. The current macd is 1.17636041.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Source Energy Services Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Source Energy Services Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Source Energy Services Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Source Energy Services Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSource Energy Services Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Source Energy Services Ltd. The current adx is 43.08.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Source Energy Services Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Source Energy Services Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Source Energy Services Ltd. The current sar is 10.96.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Source Energy Services Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Source Energy Services Ltd. The current rsi is 86.97. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Source Energy Services Ltd Daily Relative Strength Index (RSI) ChartSource Energy Services Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Source Energy Services Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Source Energy Services Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Source Energy Services Ltd Daily Stochastic Oscillator ChartSource Energy Services Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Source Energy Services Ltd. The current cci is 165.93.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Source Energy Services Ltd Daily Commodity Channel Index (CCI) ChartSource Energy Services Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Source Energy Services Ltd. The current cmo is 84.35.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Source Energy Services Ltd Daily Chande Momentum Oscillator (CMO) ChartSource Energy Services Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Source Energy Services Ltd. The current willr is -3.73443983.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Source Energy Services Ltd Daily Williams %R ChartSource Energy Services Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Source Energy Services Ltd.

Source Energy Services Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Source Energy Services Ltd. The current atr is 0.49705859.

Source Energy Services Ltd Daily Average True Range (ATR) ChartSource Energy Services Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Source Energy Services Ltd. The current obv is 1,628,629.

Source Energy Services Ltd Daily On-Balance Volume (OBV) ChartSource Energy Services Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Source Energy Services Ltd. The current mfi is 97.84.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Source Energy Services Ltd Daily Money Flow Index (MFI) ChartSource Energy Services Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Source Energy Services Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Source Energy Services Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Source Energy Services Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5086.969
Ma 20Greater thanMa 5010.360
Ma 50Greater thanMa 1009.123
Ma 100Greater thanMa 2007.851
OpenGreater thanClose12.840
Total4/5 (80.0%)
Penke

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