Source Energy Services

Source Energy Services is a Canadian company based in Calgary, specializing in the supply, logistics, and distribution of proppant and well completion chemicals for the oil and gas industry in Western Canada. The company is recognized as a leading provider of Northern White frac sand and offers innovative logistics solutions tailored to the needs of oilfield operations. Their core offerings include high-quality frac sand supply, advanced last-mile logistics for timely delivery, and strategically located in-basin terminals for efficient bulk transportation. Source Energy Services also provides flexible sand storage solutions through proprietary Sahara storage units, along with comprehensive field and supply chain services that encompass sourcing, transportation, and field support. With a focus on core values such as innovation and professionalism, Source Energy Services is dedicated to delivering efficient solutions for clients involved in hydraulic fracturing operations. The company leverages over a decade of industry experience to maintain its leadership position in oilfield logistics and proppant supply in Canada.

Oil & Energy Calgary, Canada Founded 1998 ~149 employees TSX: SHLE.TO

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Employees
149
0% in the 3 months to Jun 2025
Revenue / employee
$3.4M
Revenue ~$510M
Stock
SHLE.TO
TSX
12-month attrition
4.2%
Tech: 0%
H1B sponsor
NA

Headcount trend

Source Energy Services went from 139 employees in Jul 2023 to 149 in Jun 2025. Jan to Jun 2025: 5 people joined, 2 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other100
Operations24
Finance9
Sales5
HR5
Marketing4
Engineering1
Success1

Source Energy Services FAQ

How many employees does Source Energy Services have?

Source Energy Services has about 149 employees, unchanged over the 3 months to Jun 2025.

What is Source Energy Services's revenue per employee?

Source Energy Services makes about $3.43M in revenue per employee, based on $510.45M annual revenue and 149 employees.

Is Source Energy Services a public company?

Yes. Source Energy Services is publicly traded under the ticker SHLE.TO on TSX.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.