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Bullboard - Stock Discussion Forum
McCoy Global Inc
MCCRF
Primary Symbol:
T.MCB
Energy
Oil & Gas Equipment & Services
McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry...
. Its core products are used primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy’s Smart Tong, and McCoy’s Smart Tailing Stabbing Arm. The Company operates in Canada, the United States, and the United Arab Emirates.
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TSX:MCB - Post Discussion
McCoy Global Inc
> 2020 Results
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BuffetsProdigy
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Post by
BuffetsProdigy
on Mar 17, 2021 7:05pm
2020 Results
Not great results by the numbers but I imagine most of us are looking a few quarters out before this picks up. The market seems to agree with no movement today. What do you guys think?
(1682)
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Possibleidiot01
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Comment by
Possibleidiot01
on Mar 17, 2021 7:47pm
Not great but also not awful. I have read it three times so I think I'm having a stupid day but it seems to me , results look OK to better on an EBITDA basis which to me indicates good financial mangement I did find this part interesting "Due to financial uncertainty caused by the COVID-19 pandemic, the Corporation initially reduced its planned 2020 annual capital budget of US$2.7
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