Source Energy Services Ltd (TSE:SHLE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Source Energy Services Ltd. set a new record in Q2 2024, with sand sales reaching 921,148 metric tonnes and generating $140.1 million in revenue, marking significant year-over-year growth. The company also reported a substantial increase in total revenue to $176.4 million and improved its financial health by reducing total debt and reporting an Adjusted EBITDA of $30.8 million.
For further insights into TSE:SHLE stock, check out TipRanks’ Stock Analysis page.