Investors

News Releases

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Due to changes in the Competition Act, archived information is provided solely for historical information and reference purposes. This information does not constitute an active representation of Source Energy Services.

Source Energy Services fully disclaims any liability for the use of such information and undertakes no obligation to update such information except as required by applicable law.

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13
May
May 13, 2024
Source Energy Services Announces Updated Conference Call Playback Number

Source would like to provide an updated playback access number for its Q1 2024 earnings conference call.

10
May
May 10, 2024
Source Energy Services Reports 2024 AGM Results

Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 10, 2024.

9
May
May 9, 2024
Source Energy Services Reports Q1 2024 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2024.

8
Apr
April 8, 2024
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its first quarter financial results for the period ending March 31, 2024, will be released following the Toronto Stock Exchange market close on May 9, 2024.

13
Mar
March 13, 2024
Source Energy Services Announces Acquisition of Sand Trucking Assets

Source Energy Services Ltd. (“Source”) is pleased to announce that it has acquired RWR Trucking Inc.’s (“RWR”) sand trucking assets for a combination of cash, vendor take back note, and assumed lease obligations.

6
Mar
March 6, 2024
Source Energy Services Reports Q4 2023 and Year End Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2023.

20
Feb
February 20, 2024
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its fourth quarter financial results for the period ending December 31, 2023, will be released following the Toronto Stock Exchange market close on Wednesday, March 6, 2024.

9
Nov
November 9, 2023
Source Energy Services Reports Q3 2023 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and nine months ended September 30, 2023.

28
Jul
July 28, 2022
Source Energy Services Reports Q2 2022 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and six months ended June 30, 2022.

11
Oct
October 11, 2023
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its third quarter financial results for the period ending September 30, 2023, will be released following the Toronto Stock Exchange market close on November 8, 2023.

2
Aug
August 2, 2023
Source Energy Services Reports Q2 2023 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and six months ended June 30, 2023.

4
May
May 4, 2023
Source Energy Services Reports Q1 2023 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three months ended March 31, 2023.

29
Jun
June 29, 2023
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its second quarter financial results for the period ending June 30, 2023, will be released following the Toronto Stock Exchange market close on August 2, 2023.

5
May
May 5, 2023
Source Energy Services Reports 2023 AGM Voting Results

Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting of shareholders held May 5, 2023 (the “Meeting”).

3
Apr
April 3, 2023
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its first quarter financial results for the period ending March 31, 2023, will be released following the Toronto Stock Exchange market close on May 4, 2023.

18
Oct
October 18, 2022
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its third quarter financial results for the period ending September 30, 2022, will be released following the Toronto Stock Exchange market close on November 8, 2022.

8
Mar
March 8, 2023
Source Energy Services Reports Q4 2022 and Year End Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2022.

9
Feb
February 9, 2023
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its fourth quarter financial results for the period ending December 31, 2022, will be released following the Toronto Stock Exchange market close on March 8, 2023.

9
Nov
November 9, 2022
Source Energy Services Reports Q3 2022 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and nine months ended September 30, 2022.

17
Oct
October 17, 2022
Source Energy Services Completes Refinancing of Senior Credit Facility, Amends Senior Secured Note Indenture and Makes the Payment of Cash Interest

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) is pleased to announce it has closed a new revolving asset backed senior credit facility (the “ABL”) with a syndicate comprised of FGI Worldwide LLC (“FGI”) and CIT Northbridge Credit, as advised by CIT Asset Management LLC (“CIT”), providing access to funding of approximately CAD $75 million (USD $55 million), and has made the August 15, 2022 cash interest payment on its 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”).

22
Sep
September 22, 2022
Source Energy Services Update on Refinancing Process and Extension of the Waiver from Lenders under its Credit Agreement

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) announces that it continues to make progress and is now in the final stages of closing the previously announced senior credit facility.

15
Sep
September 15, 2022
Source Energy Services Update on Refinancing Process and Receipt of Waiver of Cross Default from Lenders under its Credit Agreement

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) announces that it is in the advanced stages of closing a new USD $60 million senior credit facility.

16
Aug
August 16, 2022
Source Energy Services Provides an Update on the Credit Facility Refinancing and Announces Decision to Utilize Interest Payment Grace Period

Source Energy Services (“Source” or the “Company”) announced today that it has made significant progress on the previously announced refinancing of its ABL and Term Loan (the “Credit Facility”) and expects the refinancing to close on or before August 31, 2022. In conjunction with the refinancing and to facilitate an efficient closing, the Company has elected to utilize the 30-day grace period (the “Grace Period”) under the indenture governing its 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”).

25
May
May 25, 2022
Source Energy Services Announces Receipt of Lender Waiver and Payment of Cash Interest

Source Energy Services Ltd. (“Source” or the “Company”) announced today that it has successfully concluded its discussions with the syndicate of lenders under its senior secured credit facility (the “Credit Facility”) and obtained a waiver from such lenders to permit the Company to make the payment of cash interest on the Company’s outstanding 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”).

29
Jun
June 29, 2022
Source Energy Services Announces Upcoming Earnings Release

Source is pleased to announce that its second quarter financial results for the period ending June 30, 2022, will be released following the Toronto Stock Exchange market close on July 27, 2022.