Source Energy Services

Now Hiring Experienced Class 1 Truck Drivers!

What We're Looking For:
- 2+ years’ experience driving Super B's
- Must possess a valid Class 1 Driver’s License with a clean driving record (no suspensions)
- Must be able to pass pre-employment drug & alcohol testing
- Standard First Aid, H2S Alive, and CSO certifications are not required but are considered an asset

Why Work With Us:
- Competitive industry wage (% of truck revenue)
- Priority Utilization
- Eligible for Benefits
- Safety Bonuses
- Signing Bonus

The Job: Delivery and pick up of Source products (frac sand) in Grande Prairie, BC, and surrounding areas. We are looking for individuals with a hardworking attitude, who have working knowledge of tools and mechanics.

We are also looking for Owner/Operators to join our team.

Send us a PM if you are interested in finding out more info or applying.

Source Energy Services is pleased to announce our financial results for Q1 2026. Activity levels were moderated relative to 2025 as ongoing economic uncertainty and lower commodity pricing for most of the period led Source customers to plan for more balanced activity levels throughout 2026. For the three months ended March 31, 2026, Source achieved the following results:

- realized sand sales volumes of 871,581 metric tonnes (“MT”) and sand revenue of $125.8 million, a decrease of 23% compared to the first quarter of 2025;
- generated total revenue of $160.2 million, a $48.3 million decrease from the first quarter of 2025;
- realized gross margin of $22.0 million and Adjusted Gross Margin(1) of $35.4 million, decreases of 40% and 23%, respectively, when compared to the three months ended March 31, 2025;
- reported net loss of $3.3 million, a reduction of $26.9 million from the first quarter of 2025;
- realized Adjusted EBITDA(1) of $26.3 million, a $7.4 million decrease from the same period in 2025;
- achieved 78% utilization across the eleven-unit Sahara fleet, with operating units in the United States achieving 100% utilization during the first quarter of 2026;
- accepted delivery of the first unit train at the Taylor transload facility;
- repurchased 2,500 common shares during the period under the Normal Course Issuer Bid (the “NCIB”), resulting in cumulative repurchases of 467,300 common shares under the program; and
- renewal of the NCIB, as approved by Source’s board of directors, upon expiry of the existing program on May 12, 2026 and subject to Toronto Stock Exchange approval, subsequent to the end of the quarter.

To read the full press release, visit: https://www.sourceenergyservices.com/news-releases/source-energy-services-reports-q1-2026-results

Note: 1) Adjusted Gross Margin (including on a per MT basis) and Adjusted EBITDA are not defined under IFRS (as defined herein) and might not be comparable to similar financial measures disclosed by other issuers, refer to ‘Non-IFRS Measures’ in the press release for reconciliations to measures recognized by IFRS. For additional information, please refer to Source’s Management’s Discussion and Analysis (“MD&A”), dated May 7, 2026, available online at www.sedarplus.ca.

ATTN Job Seekers in the Fort St John and NE BC area! Source Energy Services will be at the WORKBC / NENAS Job Fair on April 23, 2026, from 12pm to 6pm, at the Pomeroy Hotel and Conference Centre in Fort St John, BC. Why come work with us?
- Competitive industry wage
- Chance to be part of a growing company
- Strong HSE culture
- Opportunities for advancement – great place to start your career
- Source invests in our employees and their success

Current roles we are hiring for include:
- Terminal Operators, Taylor & Chetwynd, BC
- Class 1 Truck Drivers, Grande Prairie, AB
- Sahara Operators, Grande Prairie, AB
- Field Coordinator, Trucking, Grande Prairie, AB
- Field Mechanic, Grande Prairie, AB

To find out more about these roles and our company, visit: https://www.sourceenergyservices.com/careers

We are hiring at our Peace River location! Our production locations operate with a focus on our people, quality, and efficiency to ensure a reliable supply of proppant to our customers. Why should you come work with us?
- Competitive industry wage
- Strong HSE culture
- Local work, you can be home every night (no LOA, job located in Peace River, AB)!
- Opportunities for advancement (great place to start your career!)
- Source invests in our employees and their success

Current open roles include:
- Heavy Equipment Operator
- Laborer
- Maintenance Technician
- Loader Operator
- Quality Control Technician

To find out more and apply for these roles, and see if we have any other opportunities that may be a good fit, please visit: https://recruiting.ultipro.ca/SOU5001SOES/JobBoard/28ae0286-18de-437d-8ede-6d77325af5f0/?q=&o=postedDateDesc&w=&wc=&we=&wpst=&f4=RyUI6cLqMkeJqJVTI_1uUQ

Careers | Source Energy Services Source Energy Services’ success is attributed to the passion and commitment of our employees across all levels of the company. We are a company of dedicated, hard-working professionals who proudly work within the oil and gas industry. Be part of a growing, dynamic and evolving company. Go to our h...

Source Energy Services is pleased to announce our financial results for Q4 2025 and year-end. A rebound in activity levels drove volumes of 906,903 MT for the fourth quarter, an 18% increase over the fourth quarter of 2024, resulting in a record year of volume for Source. For the year ended December 31, 2025, key achievements include the following:
> realized sand sales volumes of 3,707,487 MT and sand revenue of $560.0 million, an increase of $27.0 million or 5% over last year;
> generated total revenue of $700.3 million, a $26.4 million increase over 2024;
> realized gross margin of $116.6 million and Adjusted Gross Margin(1) of $159.3 million, decreases of 8% and 2%, respectively, when compared to last year;
> reported net income of $33.1 million, an increase of $23.6 million over 2024;
> realized Adjusted EBITDA(1) of $112.3 million, an $11.6 million decrease from 2024;
> realized record sand sales volumes and record sand volumes delivered to customer well sites through “last mile” logistics during the first half of the year;
> achieved 74% utilization across the eleven-unit Sahara fleet, compared to 78% last year, as units operating in the US achieved 100% utilization during 2025;
> commenced operations at the Taylor transload facility;
> completed the first phase of the Peace River facility expansion, achieving nameplate domestic sand production capacity of 1,000,000 MT; and
> implemented a Normal Course Issuer Bid program, resulting in the repurchase of 464,800 shares during the year.

To read the full press release, visit: https://www.sourceenergyservices.com/news-releases/source-energy-services-reports-q4-2025-and-year-end-results

Note: 1) Adjusted Gross Margin (including on a per MT basis) and Adjusted EBITDA are not defined under IFRS (as defined herein) and might not be comparable to similar financial measures disclosed by other issuers, refer to ‘Non-IFRS Measures’ below for reconciliations to measures recognized by IFRS. For additional information, please refer to Source’s Management’s Discussion and Analysis (“MD&A”), dated February 26, 2026, available online at www.sedarplus.ca.