Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Calfrac Well Services Ltd. is a provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing and other well completion services to the oil and natural gas industries. The Company's segments include North America and Argentina. The Company's principal business is hydraulic fracturing of horizontal and vertical oil and natural gas wells. It provides slickwater solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its fleet under the coiled tubing service includes conventional coiled tubing units paired with high-capacity reel-trailers; mast coiled tubing units; custom-designed coiled tubing strings, and E-coil, among others. It offers primary and remedial cementing services in a variety of wells, such as shallow and deep.


TSX:CFW - Post by User

Comment by Contrarian333on Jan 12, 2021 10:55am
249 Views
Post# 32275613

RE:RE:pik notes

RE:RE:pik notesHugeCrane - You are correct about the debt levels but I think you need to look at what kind of cash flow this thing can generate in a non 2020 type year when oil doesn't go to zero, and also consider what it means that George Armoyan has added capital and taken a Board seat.  I think that capital structure has been made "adequate" for now and I don't expect to see a "going concern" note on the next set of financial statements.
<< Previous
Bullboard Posts
Next >>