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.

TSX:CET - Post by User

Cathedral Energy Services Ltd > CET Q4 ,2020

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Comment by C32BTTon May 01, 2021 3:37pm

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Post# 33108903

RE:RE:RE:RE:CET Q4 ,2020

I think any improvement at this point would improve the perception of this company. PHX is trading at 1.327 times bookvalue whereas CET is trading at 0.38 times bookvalue. There is a pretty wide gap between the two and you have to wonder for yourself if that gap is really justified. I just think there is upside potential more so with CET considering how cheap it is compared to PHX. I think PHX is fairly valued at this point.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle