Current Analysis: Secure Energy Services


Image Source: PixabaySecure Energy Services Inc (SECYF) provides fluids and solids solutions to the oil and gas industry. It operates in two segments: (1) Midstream Infrastructure and (2) Environmental and Fluid Management.Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal.The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions.The company’s geographical segments are Canada and the United States.The company is headquartered in Calgary, Canada.Three key data points gauge Secure Energy Services Inc or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.SECYF PriceOver the past year, SECYF’s share price increased about 6.75% from $5.05 to $5.39 as of Wednesday’s market close.If SECYF stock trades in the range of $4.00 to $7.00 this next year, its recent $5.39 share price might rise to $6.50 by next year. Of course, Secure’s price could drop about the same $1.11 estimated amount, or more.My upside estimate of $1.11, however, is $0.33 below the average SECYF annual price gain over the past three years,SECYF DividendSecure Energy Services Inc. has paid variable monthly or now quarterly dividends since May 15, 2013. Secure’s most recent Q dividend, paid October 16 to shareholders of record September 28th, was $0.0741That and three more Qs measures up to $0.30 annually for a forward looking yield of 5.5%.SECYF ReturnsAdd the $0.30 anticipated annual dividend to Secure’s estimated $1.11 possible price upside, reveals a $1.41 estimated gross gain per share for the coming year.At Wednesday’s $5.39 closing price, a little over $1000 would buy 186 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.055 per share.Subtracting that likely $0.055 brokerage cost from my $1.41 estimated gross gain per share makes a net gain of $1.355 X 186 shares = $252.05 or about a 25% net gain.This might be the time to pounce on Secure Energy Services Inc. shares. And beware, Secure Energy Services Inc, is a Canadian/American Waste Management firm. Furthermore, the estimated $55.00. annual dividend from $1000 invested comes in at 10.2 times greater than the recent $5.39 single share price.  That’s a nice payback whether the stock rises in price or not.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Grupo Aeroportuario Del Pacifico
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