- Secure Waste maintains its full-year adjusted EBITDA forecast, expecting it to be between C$510 million and C$540 million.
- Second-quarter revenue was C$2.47 billion, representing a 3.3% decrease compared to the previous year, and slightly below the estimated C$2.52 billion.
- Adjusted EBITDA for the second quarter stood at C$110 million, surpassing the estimate of C$108.8 million.
- CEO Allen Gransch stated that second-quarter results aligned with expectations, reflecting the seasonal impacts of spring break-up.
- Gransch noted ongoing challenges such as forest fires, U.S. tariffs affecting the ferrous metals market, and broader macroeconomic concerns.
- The infrastructure-backed business model of Secure Waste remains robust, supporting growth in per-share metrics.
- There was a 12% increase in Adjusted EBITDA per share in the first half of 2025 compared to 2024.
- Analyst recommendations include 7 buys, 2 holds, and no sells.
A look at Secure Energy Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Secure Energy Services Inc. is viewed favorably for its long-term prospects based on the Smartkarma Smart Scores. The company received high scores in Growth and Momentum, indicating strong potential for future expansion and positive market momentum. These factors suggest that Secure Energy Services may experience robust growth and performance in the coming years.
Although the company scored moderately in Value and Dividend, the high scores in Growth and Momentum could outweigh any perceived weaknesses in these areas. Despite a lower score in Resilience, Secure Energy Services‘ focus on specialized services to upstream oil and gas companies in the Western Canadian Sedimentary Basin positions it well for future success in a competitive industry landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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