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Step Energy Services Ltd T.STEP

Alternate Symbol(s):  SNVVF

STEP Energy Services Ltd. is a Canada-based energy services company. The Company is engaged in providing coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. It delivers completion and stimulation services to exploration and production (E&P) companies in Canada and the United States. In Canada, the Company delivers coiled tubing and fracturing services in the Western Canadian Sedimentary Basin. The Company's Canadian services are focused on the Western Canadian Sedimentary Basin (WCSB), while in the United States, its fracturing and coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.


TSX:STEP - Post by User

Bullboard Posts
Comment by pwig01on Nov 08, 2018 10:21am
143 Views
Post# 28943476

RE:RE:RE:I’ve never been more fearful...

RE:RE:RE:I’ve never been more fearful...
I haven't read the outlook for next Q or next year, but 0.13 eps for the qrtr (Reuters said 0.14) with a modest 15x multiplier would give us a $7.80 share price (8.40 with 0.14 eps).  So if guidance isn't too bad, we should be okay in a few months.

I guess "should be" is the key.  I thought we should be up today!
Bullboard Posts