(SES) Secure Energy - Ratings and Ratios

SECURE Waste Infrastructure Corp., formerly known as Secure Energy Services Inc., is a leading player in the waste management and energy infrastructure sectors, operating primarily in Canada and the United States. The company has undergone significant transformation, rebranding itself in January 2025 to reflect its expanded focus on waste infrastructure. With a strong foundation established in 2007 and headquartered in Calgary, Canada, SECURE Waste Infrastructure Corp. has built a comprehensive network of facilities and services that cater to the needs of the energy and industrial sectors.

The companys operations are divided into two main segments: Waste Management and Energy Infrastructure. The Waste Management segment is a critical component, featuring a diverse array of facilities and services, including waste processing, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities, and specialty chemicals. This segment addresses the complex needs of its clients by providing a range of services from collection and processing to recovery, recycling, and disposal of various waste streams. Additionally, it offers produced and waste water disposal, hazardous and non-hazardous waste management, treatment of crude oil emulsions, and drilling waste management, positioning itself as a one-stop solution for waste management needs in the energy sector.

The Energy Infrastructure segment complements the Waste Management division by providing a network of crude oil gathering pipelines, terminals, and storage facilities. This segment is crucial for the transportation, optimization, terminalling, and storage of crude oil, serving as a vital link in the energy supply chain. By integrating these services, SECURE Waste Infrastructure Corp. is able to offer a holistic approach to energy infrastructure needs, enhancing efficiency and reliability for its clients.

From a technical analysis perspective, SES has shown a positive trend, with its last price at $15.36, surpassing both its 20-day and 50-day Simple Moving Averages (SMA20: $14.70, SMA50: $13.86). The stock is slightly below its 200-day SMA ($14.34), indicating a potential for further growth if it can maintain its current momentum. The Average True Range (ATR) of 0.42, representing a 2.72% daily volatility, suggests a relatively stable stock with manageable risk. Given its 52-week high and low of $16.86 and $11.01, respectively, SES is currently trading near the lower end of its recent range, presenting a potential buying opportunity.

Fundamentally, SECURE Waste Infrastructure Corp. boasts a market capitalization of $3.386 billion CAD, with a Price-to-Earnings (P/E) ratio of 16.21 and a forward P/E of 18.87. The companys Return on Equity (RoE) stands at 19.29%, indicating a strong ability to generate profits from shareholders equity. Combining these fundamental strengths with the technical indicators, a forecast for SES could be cautiously optimistic. If the company continues to demonstrate solid financial performance and the energy sector remains robust, SES could potentially reach towards its 52-week high in the near term, driven by its integrated waste management and energy infrastructure services.

Forecasting the future performance of SES involves considering both the technical and fundamental data. With a strong foundation in waste management and energy infrastructure, coupled with a favorable technical outlook and solid financials, SECURE Waste Infrastructure Corp. is poised for potential growth. Investors should monitor the companys ability to maintain its operational efficiency, expand its services, and navigate the regulatory landscape in the energy sector. A target price could be set around $17.00, representing a potential 10% increase from its current price, based on its technical resilience and fundamental strengths.