The Globe and Mail reports in its Tuesday edition that Secure Energy Services ($10.15) has been on a tear of late. The Globe's Jennifer Dowty writes that Secure Energy is an oil-field services company serving oil and gas companies through its three main divisions: the processing, recovery and disposal division, the drilling and production services division, and the on-site services division. On Nov. 3 Secure posted third quarter financial results that were above expectations. Its balance sheet remains healthy with a debt-to-EBITDA (earnings before interest, taxes, depreciation and amortization) ratio of 2.1 times as of the end of the quarter. Management's outlook was encouraging, stating: "As it appears commodity prices have bottomed earlier this year, Secure expects an increase in oil and gas producers' capital budgets for 2017 over 2016, which will drive higher activity levels and benefit all three of the corporation's divisions. Additionally, the industry trend toward drilling longer and more challenging wells which require specialty drilling fluids is expected to continue to benefit the DPS division." Secure increased its capital spending program to $65-million, up from its previous forecast of $50-million.