Cathedral Energy Services Ltd CETEF

Primary Symbol: T.CET

Energy Oil & Gas Drilling

Cathedral Energy Services Ltd. is a Canada-based company, which operates in the United States (U.S.) under Discovery Downhole Services, a division of Cathedral Energy Services Inc., Altitude Energy Partners, LLC and Rime Downhole Technologies, LLC. The Company is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in Western Canada and the U.S. Its services include directional drilling, drilling optimization, well planning and automated gamma services (AGS) and remote drilling. Its products include nDURANCE MOTORS, Measurement While Drilling (MWD), FUSION and RapidFire. Its MWD sensors collect data used to determine basic trajectory parameters, such as inclination, direction, and tool-face orientation. Its FUSION family OF MWD tools include FUSION Dual Telemetry (DT), FUSION WPR (Wave Propagation Resistivity), FUSION Gamma Ray (GR) and The Hawk. Its RapidFire family of MWD tools include RapidFire Pulse and RapidFire DT.

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Cathedral Energy Services Ltd > Continued strength by TCW and PHX

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Comment by auburn2on Sep 25, 2020 5:14pm

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Post# 31624045

RE:RE:RE:Continued strength by TCW and PHX

Actually was wrong about PHX being debt-leveraged. The latest financials look really clean with no-long-term debt. Total equity is $144 million. CET's total equity is at $54 million in the latest financials. I like both, but no longer hold a PHX position.

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