Bullboard - Stock Discussion Forum 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... see more

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TSX:STEP - Post Discussion

Step Energy Services Ltd > Peters projects $186M EBITDA for STEP in 2023

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Post by EstevanOutsider on Apr 22, 2022 5:11am

Peters projects $186M EBITDA for STEP in 2023

and 44% FCF in a note published two days ago with 20% corporate EBITDA margins.

If true then STEP is probably 3x from here between now and 2023.

My highest conviction idea. Trading at the lowest multiple in OFS.

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