Investors

Financials

Reports & Resources for Investors

STEP’s quarterly and annual reports are available here, along with investor presentations, archived webcasts, analyst coverage, news releases, and a calendar of upcoming key dates. 

Together, they paint an accurate picture of a company with a high-quality asset base, established operations in high-growth basins, a proven management team, a supportive private-equity investor, a blue-chip client base, a strong financial position, and optimal positioning to capitalize on industry recovery.

Financial Documentation

News Releases

Updates & Announcements

January 26, 2024

STEP Energy Services Ltd. to Announce Fourth Quarter and Year End 2023 Results and Host Conference Call

CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP”) intends to release its 2023 fourth quarter results on Monday, March 11, 2024 after markets close.
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December 15, 2023

STEP Energy Services Announces Normal Course Issuer Bid

STEP Energy Services Ltd. (TSX:STEP) (STEP) has received approval from the Toronto Stock Exchange (TSX) to proceed with a normal course issuer bid (NCIB) for its common shares.
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December 14, 2023

STEP Energy Services Announces Full 2024 Capital Budget and Provides Fourth Quarter Operational Update and First Quarter Outlook

STEP Energy Services Ltd. (TSX:STEP) (STEP) is reporting continued improvement in its balance sheet, an update on its 2024 capital budget, and is providing an operational update.
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November 2, 2023

STEP Energy Services Ltd. Announces Appointment of New Independent Director Edward Lafehr and Retirement of Jason Skehar

STEP Energy Services Ltd. (“STEP”) is pleased to announce the appointment of Mr. Edward LaFehr as an independent director of STEP’s board of directors, effective November 1, 2023.
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November 2, 2022

STEP Energy Services Ltd. Reports Third Quarter 2022 Results

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2022.
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October 17, 2022

STEP Energy Services Ltd. to Announce Third Quarter 2022 Results and Conference Call

STEP Energy Services Ltd. (“STEP”) intends to release its 2022 third quarter results on Wednesday, November 2, 2022 after markets close.
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September 14, 2022

STEP Energy Services Announces Client-Backed Tier Four Upgrade Program and Capital Spending Update. Re-Affirms Year-End 2022 Balance Sheet Target

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce a client-backed upgrade to our Canadian fracturing fleet as well as a capital budget and balance sheet update.
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November 3, 2021

STEP Energy Services Ltd. Reports Third Quarter 2021 Results and Announces Executive Leadership Changes

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021.
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October 14, 2021

STEP Energy Services Ltd. to Announce Third Quarter 2021 Results

STEP Energy Services Ltd. (“STEP”) intends to release its 2021 third quarter results on Wednesday November 3, 2021 after markets close.
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September 27, 2021

STEP Energy Services Ltd. Announces Changes to Executive Leadership Team

STEP Energy Services Ltd. (“STEP”) is pleased to announce the appointment of Mr. Klaas Deemter as STEP’s Senior Vice President Finance (“SVP Finance”) effective October 12, 2021.
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November 4, 2020

STEP Energy Services Ltd. Reports Third Quarter 2020 Results

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2020.
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October 15, 2020

STEP Energy Services Ltd. to Announce Third Quarter 2020 Results

STEP Energy Services Ltd. (“STEP”) intends to release its 2020 third quarter results on Tuesday, November 3rd after markets close.
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August 14, 2020

STEP Energy Services Ltd. Reports Second Quarter 2020 Results

STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX:STEP) is pleased to announce its financial and operating results for the three and six months ended June 30, 2020.
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November 7, 2019

STEP Energy Services Ltd. Reports Third Quarter 2019 Results

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019.
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October 10, 2019

STEP Energy Services Ltd. to Announce Third Quarter Results and Host Conference Call

STEP Energy Services Ltd. (“STEP”) intends to release its 2019 third quarter results on Thursday, November 7, 2019 before markets open and will host a conference call at 8:00 a.m. MT (10:00 a.m. ET) on the same morning.
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September 6, 2019

STEP Energy Services Ltd. to Present at the Peters & Co. Limited 23rd Annual Energy Conference

STEP Energy Services Ltd. (“STEP”) will be attending the Peters & Co. Limited 23rd Annual Energy Conference in Toronto, Ontario. Regan Davis, President and Chief Executive Officer, is scheduled to present at 9:10 a.m. MT (11:10 a.m. ET) on Tuesday, September 10, 2019.
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November 8, 2018

STEP Energy Services Ltd. Reports Third Quarter 2018 Financial and Operating Results

STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2018.
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October 25, 2018

STEP Energy Services Ltd. Announces Strategic Business Update and Third Quarter Conference Call Details

STEP Energy Services Ltd. (the “Company” or “STEP”) provides an operational update and timing details for its third quarter results and conference call.
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September 24, 2018

STEP Energy Services Ltd. Announces Addition of Michael Kelly to Executive Leadership Team

On behalf of the management team and board of directors of STEP Energy Services Ltd. (“STEP” or the “Company”), Mr. Regan Davis, President & Chief Executive Officer, is pleased to announce that Mr. Michael Kelly will join the executive leadership team of STEP effective October 1, 2018, as a Executive Vice-President, and will concurrently resign from STEP’s board of directors on that date.
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December 7, 2017

STEP Energy Services Ltd. Announces Closing of Over-Allotment Option

STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX:STEP) announced today that, in connection with its recently completed secondary offering of 5,307,000 common shares at an issue price of $12.25 per share (the "Offering Price") on a bought deal basis (the “Offering”), the over-allotment option granted to the underwriters on the Offering (the "Over-Allotment Option") has been partially exercised for an additional 650,000 common shares at the Offering Price for aggregate gross proceeds of $7,962,500.
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December 1, 2017

Step Energy Services Ltd. Completes $65 Million Secondary Offering of Common Shares

STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX:STEP) announced today the successful closing of its secondary offering (the “Offering”) of common shares of the Company by the limited partnerships comprising ARC Energy Fund 6 and ARC Energy Fund 8 (collectively, the “Selling Shareholders), at a price of $12.25 per share (the “Offering Price”).
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November 14, 2017

STEP Energy Services Ltd. Announces $65 Million Secondary Offering of Common Shares

STEP Energy Services Ltd. (the “Company” or “STEP”) announced today that the limited partnerships comprising ARC Energy Fund 6 and ARC Energy Fund 8 (collectively, the “Selling Shareholders”) have entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets as sole bookrunner and Peters & Co. as co-lead underwriter (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase on a bought deal basis an aggregate of 5,307,000 common shares held by the Selling Shareholders at an offering price of $12.25 per share (the “Offering Price”) for total gross proceeds to the Selling Shareholders of $65,010,750 (the “Offering”).
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Key Dates

Upcoming Events & Meetings

Mar
12

Q4-2023 Conference Call & Webcast

Annual Meeting

Past AGM Documentation

We use Notice & Access — an environmentally friendly method of distributing meeting materials to shareholders electronically, instead of sending them through the mail.

You may also access management information circulars, annual consolidated financial statements, related management discussion and analysis, and other meeting materials, on our SEDAR+ profile (wwww.sedarplus.ca).

Analyst Coverage

Review analysts that currently cover STEP

Analysts that follow STEP’s performance are listed below. Please note that any opinions, estimates, or forecasts regarding STEP’s performance made by these analysts are theirs alone and do not represent the opinions, forecasts, or predictions of STEP or its management. STEP does not imply an endorsement of, or concurrence with, their information, conclusions or recommendations.

Acumen Capital

Jim Byrne
403-571-0530

ATB Capital Markets

Waqar Syed
720-638-6705

BMO Capital Markets

John Gibson
403-389-4507

Cormark Securities

Brent Watson
403-604-7201

Peters & Co. Limited

James Gourlay
403-261-2259

Raymond James

Michael Barth, CFA
403-221-0390

RBC Capital Markets

Keith Mackey
403-299-6958

Stifel

Cole Pereira
403-262-0642

Additional Investor Information

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Investor Relations
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