RE:RE:TCW's Stock Is at January HighsCET's technology is very good as evidenced by the continual records recorded on the performance page and on their LinkedIn page.
They're also receiving meaningful aid from both US and Canadian governments to help keep the balance sheet very strong.
Previously I noted the stock performance of PHX as a way of gauging US directional drilling. The stock has recovered from 60 cents in April to $1.50 today. CET already cleared out the bank debt and raised money in this bear market back in 2017. See here for a brief history of the company:
https://www.stonebridge.net/cathedral-energy/ https://www.newswire.ca/news-releases/cathedral-energy-services-ltd-announces-closing-of-bought-deal-financing-including-exercise-in-full-of-the-over-allotment-option-613824043.html Wilks bought more at $1.71:
https://www.newswire.ca/news-releases/wilks-brothers-llc-acquires-common-shares-of-cathedral-energy-services-ltd-660860653.html They actually outdid Pacesetter's previous record for the longest well in Canada using their new Claw 650:
https://www.facebook.com/CathedralDrilling/photos/pb.1452838224971022.-2207520000.1572404315./2410570155864486/?type=3&eid=ARAHasxo3tfB4srMV7uXA1CK83_3CB4q6RyTNzxiCOmHAbPDhDqxsmNnwP_7lyLObpXAVhBU9bIkLJEW As you may see on the main FB page, they're doing plenty of hiring now, so they must be getting busier again.
"Opportunities available across the US."
Which stocks are you holding right now and why?