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FLINT Corp T.FLNT

Alternate Symbol(s):  NWPIF

FLINT Corp. is an integrated provider of upstream, midstream, and downstream production services. The Company’s segment includes Maintenance and Construction Services and Wear Technology Overlay Services. The Maintenance and Construction Services segment is a fully integrated provider of maintenance and construction services to the energy and industrial markets. It provides maintenance services, welding, fabrication, machining, construction, turnaround services, heavy equipment operators and a resource/labor supply. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, wear plates and vessels for corrosion and abrasion resistant applications across various end markets. It provides maintenance, turnaround and construction services to the energy and industrial markets, including oil and gas (upstream, midstream, and downstream), petrochemical, mining, power, agriculture, forestry, infrastructure, and water treatment.


TSX:FLNT - Post by User

Comment by RealdealKPon Dec 27, 2022 3:14pm
219 Views
Post# 35192708

RE:RE:New contracts

RE:RE:New contracts Could not agree more.  They have been posting these awards for years but always loose money.  Moreover, these "Contracts" are not contracts, all work in this space is done under Master Service Agreements which can be cancelled at any time.  Even if they executed all of these contracts, there is very little margin in this work and no free cash flow to shareholders.  This should be delisted.
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