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Secure Energy Services

#4172

Rank

$2.04B

Marketcap

CA Canada

Country

Secure Energy Services
Leadership team

Mr. Rene E. Amirault CGA (Pres, CEO & Director)

Mr. Allen Peter Gransch (Pres)

Mr. Chad William Magus CA (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas, Service Industry
Number of Employees
1,000 - 20,000
Headquarters
Calgary, Alberta, Canada
Established
2007
Revenue
Above - 1B
Traded as
SES.TO
Social Media
Overview
Location
Summary
Secure Energy Services Inc., an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills. The Environmental and Fluid Management segment includes a network of owned, operated, and marketed industrial landfills, hazardous and non-hazardous waste management and disposal, onsite abandonment, and environmental solutions for site remediation and reclamation, bio-remediation, water treatment and recycling, emergency response, rail, and metal recycling services, as well as offers fluid management for drilling, completion, and production operations for oil and gas producers. This segment also designs and implements drilling fluid systems for producers drilling for oil, bitumen, and natural gas; provides naturally occurring radioactive material management services, as well as equipment and chemical solutions that optimize well production. Secure Energy Services Inc. is headquartered in Calgary, Canada.

History

Secure Energy Services was founded in 2007 by Rene Amirault and several partners. It held an IPO in April 2010, raising C$57.5 million. At the time, it had nine facilities. In 2011, it acquired Marquis Alliance Energy Group for $131 million. By 2014, Secure Energy had 24 facilities, and 13% of the Canadian environmental services market.In 2014 and 2015, due to the decrease in oil prices, Secure Energy experienced significant challenges due to decreasing oil prices. The company responded by laying off 300 workers, and its stock price decreased by half. In 2017, it acquired Ceiba Energy Services for $26 million, as part of the consolidation among energy services firms.


Mission
Secure Energy Services Inc is committed to providing tailored, innovative solutions through our employee experts, designed to provide reliable, efficient, cost-effective service and prudent advice to meet the needs of our customers.

Vision
Secure Energy Services Inc is focused on creating maximum value by providing the highest level of performance, safety and quality.

Key Team

Mr. Corey Ray Higham P.Geo. (Chief Operating Officer)

Mr. David William Mattinson P. Eng. (Sr. VP of Environmental Solutions)

Mr. David Glenn Engel (Sr. VP of Landfill Solutions)

Mr. Mike Mikuska (Sr. VP of Commercial & Transportation)

Anil Aggarwala (VP of Treasury & Investor Relations)

Mr. Michael Callihoo (Corp. Sec. & Gen. Counsel)

Mr. Michael Parnetta (VP of People & Culture)


Recognition and Awards
Secure Energy Services has won recognition and numerous awards for excellence in environmental management, safety, corporate governance and responsible corporate citizenship from the Canadian Business Ethics Network, the Canadian Council for Aboriginal Business, Canada’s Top 100 Employers and Canada’s Top 50 Research and Technology Companies. The company was also recognized for its economic performance and influence on Canada’s financial markets by being named to the TSX30 index in 2020.

References
Secure Energy Services
Leadership team

Mr. Rene E. Amirault CGA (Pres, CEO & Director)

Mr. Allen Peter Gransch (Pres)

Mr. Chad William Magus CA (Chief Financial Officer)

Products/ Services
Energy, Oil and Gas, Service Industry
Number of Employees
1,000 - 20,000
Headquarters
Calgary, Alberta, Canada
Established
2007
Revenue
Above - 1B
Traded as
SES.TO
Social Media