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Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Energy Oil & Gas Equipment & Services
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

Calfrac Well Services Ltd > Dissapointing Earnings/Russia Operations not simple.
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Comment by EstevanOutsideron Mar 17, 2022 2:05am
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Post# 34520882

RE:Dissapointing Earnings/Russia Operations not simple.

RE:Dissapointing Earnings/Russia Operations not simple.Calfrac is in deep trouble. While STEP and Trican shine, Calfrac continues to sink deeper. Much of their equipment is apparently in rough shape and requires costly reactivations while market forces want later ESG tech like Tier 4 investment. Calfrac running mostly Tier 2 diesel. Cut your losses and come into STEP. Great quarter. Don't go on George A's sinking ship. This company is greasy and has a terrible record of shareholder alignment.
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