STEP Energy Services Ltd. Provides Earnings Guidance for the Fourth Quarter of 2024 - Marketscreener.com
| STEP Stock | CAD 4.48 0.03 0.67% |
About 62% of STEP Energy's investor base is looking to short. The analysis of overall sentiment of trading STEP Energy Services stock suggests that many investors are alarmed at this time. STEP Energy's investing sentiment overview a quick insight into current market opportunities from investing in STEP Energy Services. Many technical investors use STEP Energy Services stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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STEP Energy Services Ltd. Provides Earnings Guidance for the Fourth Quarter of 2024 Marketscreener.com
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STEP Energy Fundamental Analysis
We analyze STEP Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of STEP Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of STEP Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Income
Net Income Comparative Analysis
STEP Energy is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
STEP Energy Services Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with STEP Energy stock to make a market-neutral strategy. Peer analysis of STEP Energy could also be used in its relative valuation, which is a method of valuing STEP Energy by comparing valuation metrics with similar companies.
Peers
STEP Energy Related Equities
| CEU | CES Energy | 0.22 |
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| CFW | Calfrac Well | 0.50 |
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| TCW | Trican Well | 1.15 |
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| SHLE | Source Energy | 4.13 |
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Other Information on Investing in STEP Stock
STEP Energy financial ratios help investors to determine whether STEP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STEP with respect to the benefits of owning STEP Energy security.