Bullboard - Stock Discussion Forum 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... see more

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TSX:CFW - Post Discussion

Calfrac Well Services Ltd > 2 handle is the beginning of the end

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Post by HugeCrane on Aug 21, 2021 3:22am

2 handle is the beginning of the end

Calfrac employees are being poached by superior service companies as we speak. I heard a rumour several weeks ago from a CFW hand I met on holidays that knew of experienced hands leaving for greener pastures. Calfrac doesn't have the cash to offer the kind of wages or benefits required to attract service men to meet the demands of the WCSB. US and Arg are a write off. The future is in the Duvernay and associated basins in the WCSB. I hope people cut their losses, learn a lesson and invest in quality names. IE NOT CALFRAC.

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