Q2 2026 saw a 24% drop in sales volume and lower revenue due to weak Canadian natural gas activity, partly offset by a surge in U.S. mine gate sales. Adjusted EBITDA fell CAD 16.7 million year-over-year, while CapEx was front-end loaded and guidance remains CAD 30–40 million for 2026.Based on Sourc…
Q2 2026 saw a 32% revenue decline and a net loss of $5.6 million, with lower sand sales and margins. Despite these challenges, utilization of the Sahara fleet remained strong, and LNG-driven demand is expected to support future growth.Original document: Source Energy Services Ltd. [SHLE] Slides Rel…
Q2 2026 saw significant declines in sand sales, revenue, and profitability due to lower customer activity and economic uncertainty, with a net loss of $5.6 million and negative Free Cash Flow. Operational improvements and LNG-driven demand are expected to support a stronger second half.Original doc…
