Source Energy Services Ltd.
SHLE
Rank in Stocks
#19439
Source Energy Services Ltd. is a major supplier of Northern White frac sand, a... Source Energy Services Ltd. is a major supplier of Northern White frac sand, a specialized material essential for hydraulic fracturing in the upstream oil and gas sector. The company's operations span Western Canada and the United States, where it manufactures, delivers, and distributes this crucial proppant. Beyond its core sand offerings, Source Energy Services also provides comprehensive warehousing and transportation solutions for various other bulk well completion products. Additionally, it develops innovative mobile systems designed for efficient on-site sand storage and handling at well locations. The company was established in 2017 and is based in Calgary, Canada.
Share Price
$8.11
Last synced: 2026-11-09
Market Cap
$106.04M
Change (1 day)
6.51%
Change (1 year)
-3.08%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Source Energy Services Ltd. (SHLE)
Category
Energy
Operating Margin for Source Energy Services Ltd. (SHLE)
Operating Margin as of November 2026 TTM: 2.48%
According to Source Energy Services Ltd.'s latest financial reports, its current operating margin (TTM) is 2.48%. At the end of 2025 the company had an operating margin of 7.02%.
Operating Margin history for Source Energy Services Ltd. from 2014 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 2.48% | -64.67% |
| 2025 | 7.02% | -27.55% |
| 2024 | 9.69% | -9.01% |
| 2023 | 10.65% | 153.57% |
| 2022 | 4.20% | 268.42% |
| 2021 | 1.14% | -128.64% |
| 2020 | -3.98% | 18.81% |
| 2019 | -3.35% | -158.67% |
| 2018 | 5.71% | -19.58% |
| 2017 | 7.10% | -144.24% |
| 2016 | -16.05% | -524.60% |
| 2015 | 3.78% | -77.24% |
| 2014 | 16.61% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 12.58% | -94.93% |
US
|
|
| 12.13% | -95.11% |
US
|
|
| 18.71% | -92.46% |
LU
|
|
| 12.58% | -94.93% |
US
|
|
| 15.69% | -93.67% |
GB
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Source Energy Services Ltd.'s operating margin
What is Source Energy Services Ltd.'s operating margin?
Source Energy Services Ltd.'s operating margin is 2.48%, as of Nov 2026.
What was Source Energy Services Ltd.'s operating margin in 2025?
In 2025, Source Energy Services Ltd.'s operating margin was 7.02%, compared with 9.69% in 2024.
How has Source Energy Services Ltd.'s operating margin changed since 2020?
From 2020 to 2025, Source Energy Services Ltd.'s operating margin was highest in 2023 (10.65%) and lowest in 2020 (-3.98%).
How does Source Energy Services Ltd.'s operating margin compare with similar companies?
Source Energy Services Ltd.'s operating margin (2.48%) is lower than that of all 5 similar companies listed above. The highest among them is Tenaris S.A., with 18.71%.