Investors
News Releases
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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”).
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.
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.
2022
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.
2022
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.
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.
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”).
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.
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.
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”).