CALGARY, AB, April 12, 2021 /CNW/ – SECURE Energy Services Inc. (“SECURE”, the “Corporation”) (TSX: SES) announced today that S&P Global Ratings (“S&P”) has provided an initial issuer credit rating on the Corporation of “B” with a positive outlook following the merger announcement with Tervita Corporation (“Tervita”) last month. This represents the Corporation’s first public issuer credit rating and the S&P rating is expected to increase transparency and comparability for debt investors and other capital market participants.

On March 8, 2021, SECURE and Tervita entered into an arrangement agreement to combine in an all-share transaction, creating a stronger midstream infrastructure … Continue Reading

CALGARY, AB, March 15, 2021 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.0075 (0.75 cents) per common share payable on or about April 15, 2021, to shareholders of record on April 1, 2021. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). To be an eligible shareholder, a shareholder must be resident in Canada and must not be a “U.S. person” within the meaning of United States (“U.S.”) federal securities laws.… Continue Reading

CALGARY, AB, March 1, 2021 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”, the “Corporation”, “we” or “our”) (TSX: SES) announced today that the Corporation’s 2020 Sustainability Report can be found on the Corporation’s website.

“Integrating environmental and social considerations is a key element of our corporate strategy,” said Rene Amirault, Chairman, President and CEO. “We recognize the diverse needs of our stakeholders and aim to not only deliver strong financial results and returns to our shareholders, but to minimize the environmental impact of our operations, and positively contribute to the health, safety, and economic wellbeing of our employees and … Continue Reading

CALGARY, AB, Feb. 25, 2021 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) reported today its operational and financial results for the three and twelve months ended December 31, 2020, highlighted by 2020 discretionary free cash flowi of $95.8 million.

The following press release should be read in conjunction with the Corporation’s management’s discussion and analysis (“MD&A”) for the three and twelve months ended December 31, 2020, and the audited consolidated financial statements and notes thereto for the years ended December 31, 2020 and 2019 which are available on SEDAR at www.sedar.com.

SECURE is also pleased … Continue Reading

CALGARY, AB, Dec. 21, 2020 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.0075 (0.75 cents) per common share payable on or about January 15, 2021, to shareholders of record on January 1, 2021. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). To be an eligible shareholder, a shareholder must be resident in Canada and must not be a “U.S. person” within the meaning of United States (“U.S.”) federal securities laws.… Continue Reading

CALGARY, AB, Oct. 28, 2020 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) reported today its operational and financial results for the three and nine months ended September 30, 2020. The following should be read in conjunction with the Corporation’s management’s discussion and analysis (“MD&A”) and the interim consolidated financial statements and notes thereto for the three and nine months ended September 30, 2020, which are available on SEDAR at www.sedar.com.

THIRD QUARTER SUMMARY

The Corporation recorded Adjusted EBITDA1 of $37.0 million for the three months ended September 30, 2020, a decrease of 14% compared … Continue Reading

CALGARY, AB, Sept. 15, 2020 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.0075 (0.75 cents) per common share payable on or about October 15, 2020, to shareholders of record on October 1, 2020. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). To be an eligible shareholder, a shareholder must be resident in Canada and must not be a “U.S. person” within the meaning of United States (“U.S. “) federal securities … Continue Reading

CALGARY, AB, Sept. 10, 2020 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) is pleased to announce the extension of the Corporation’s existing $130 million second lien credit facility (“Second Lien Facility”) to July 31, 2022. There have been no changes to the remaining terms, conditions and covenants of the Second Lien Facility. The Corporation has also entered into interest rate swaps to fix the interest rate for the Second Lien Facility at 5.5% to the maturity date of July 31, 2022.  The Second Lien Facility is secured by substantially all of the Corporation’s assets, but is … Continue Reading

CALGARY, AB, July 28, 2020 /CNW/ – Secure Energy Services Inc. (“SECURE” or the “Corporation”) (TSX: SES) reported today its operational and financial results for the three and six months ended June 30, 2020. The following should be read in conjunction with the Corporation’s management’s discussion and analysis (“MD&A”) and the interim consolidated financial statements and notes thereto for the three and six months ended June 30, 2020, which are available on SEDAR at www.sedar.com.

SECOND QUARTER SUMMARY

The Corporation recorded Adjusted EBITDAi of $20.5 million for the three months ended June 30, 2020, compared … Continue Reading

CALGARY, AB, July 15, 2020 /CNW/ – SECURE ENERGY Services Inc. (“SECURE”) (TSX: SES) announced today that the Corporation’s 2019 Sustainability Report can be found on the Corporation’s website. Striving to be a leader in our industry in the areas of health, safety, and environmental protection remains a key priority to SECURE. We recognize the importance of these issues to our employees, our customers and to the communities where we live and work. Over the past year, we have made significant progress to further embed sustainability throughout our business and are continually improving our strategies to deliver on our commitments … Continue Reading

CALGARY, May 25, 2020 /CNW/ – SECURE Energy Services Inc. (“SECURE” or the “Corporation”) (TSX – SES) announced today that the Toronto Stock Exchange (“TSX”) has accepted for filing the Corporation’s notice of intention to make a normal course issuer bid (“NCIB”). The NCIB effectively renews the existing NCIB, which is scheduled to end on May 27, 2020.

Pursuant to the renewed NCIB, SECURE may repurchase from time to time up to a maximum of 10,796,069 common shares of the Corporation (“common shares”), representing 10% of the Corporation’s public float of 107,960,696 common shares at May 15, 2020.  … Continue Reading