Secure Energy Services Inc to Post Q4 2017 Earnings of $0.01 Per Share, National Bank Financial Forecasts (SES)

Secure Energy Services Inc (TSE:SES) – Analysts at National Bank Financial decreased their Q4 2017 earnings per share (EPS) estimates for Secure Energy Services in a research note issued on Thursday. National Bank Financial analyst G. Colman now forecasts that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.05.

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SES has been the subject of a number of other research reports. TD Securities reiterated a “buy” rating and issued a C$12.00 price objective on shares of Secure Energy Services in a report on Tuesday, October 3rd. Raymond James Financial, Inc. cut their price objective on shares of Secure Energy Services from C$13.00 to C$12.75 and set a “strong-buy” rating for the company in a report on Wednesday, September 6th.

Secure Energy Services (SES) opened at C$8.82 on Monday. Secure Energy Services has a 1 year low of C$6.96 and a 1 year high of C$12.04.

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Sunday, October 1st were issued a $0.021 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.25 dividend on an annualized basis and a yield of 2.86%. Secure Energy Services’s payout ratio is -134.72%.

In other Secure Energy Services news, insider Rene Amirault sold 6,640 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of C$7.40, for a total value of C$49,136.00. In the last quarter, insiders sold 8,003 shares of company stock valued at $59,296.

About Secure Energy Services

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

Earnings History and Estimates for Secure Energy Services (TSE:SES)

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