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Bullboard - Stock Discussion Forum CWC Energy Services Corp V.CWC

Alternate Symbol(s):  CAWLF

CWC Energy Services Corp is a Canadian based oilfield services company, engaged in the provision of drilling and production services to oil and gas exploration and development companies throughout the Western Canadian Sedimentary Basin (WCSB). It services include drilling rigs, service rigs, swabbing rigs, and coil tubing. The company operates its business through the following segments: Contract Drilling and Production Services. The firm generates maximum revenue from its Production Services segment.

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Aquisition

Can't find crews for rigs they have, doesn't make a lot of sense to buy more Plus sounds like they have to do significant repair work on them. Gotta hand it to management, they sure are...read more
@ the Bell: Energy & mining recover to lift TSX
Following a nasty session in the red, Canada’s main stock index rose more than 300 points in Friday trading. Gains were led by the energy and base metal sectors.After two brutal weeks brought... read article.

New Press Release - CWC ENERGY SERVICES CORP. ANNOUNCES ACQUISITION OF 3 HIGH-SPEC AC TRIPLE DRILLING RIGS FURTHER EXPANDING ITS U.S. PRESENCE

CALGARY, AB, June 24, 2022 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") is pleased to announce that its wholly-owned subsidiary, CWC Energy Services (USA) Corp., has closed the acquisition of three (3) high-spec AC triple drilling rigs and critical spare components...read article.
The Cannabis Report: June 24, 2022
Nextleaf to launch THC-O as an excise tax-free alternative to Delta-9-THC Nextleaf Solutions (OILS) has provided an update on the manufacturing of D9-tetrahydrocannabinol acetate,... read article.

new video

  rate and reply
Buzz on the Bullboards: Another summer of uncertainty?
In times of uncertainty in the markets, investors tend to focus on more consistent plays.Not all investors are basking in summer vacations and backyard barbeques. For those who are still plugged... read article.

RE:Major drilling

***************************************************************************************************************** Drilling is drilling, what difference does it make. You'll find similar cfs for O...read more

Major drilling

Major drilling is a hard rock driller, working for gold copper nickel etc. exploration companies. Nothing to do with oil and gas.  rate and reply

By Comparison

Major Drilling Group International Says Fiscal Q4 Profit Rises 874% on Higher Revenue   07 Jun 2022 17:11 ET   ...read more

Imagine

Imagine paying over a hundred million for 7 ironhand drill rigs. What are they made of, stainless steel? Hopefully rigs will be worth that again, think we have 17 of them. They will be worth 225...read more

RE:U.s. ops

Where did you pull the reverse split from?   rate and reply

U.s. ops

U.s. aquisition isn't going really well. Hard to find managers or average workers. Rigs will be idle far longer than anticipated. Bad deal, something like when they paid 100 million for 7 ironhand...read more

RE:RE:RE:FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS

For sure it is.. but you are a little late.. this one is up 50%, many of the others have already doubled or trippled.. look at step, esi, ceu all good plays.. tcw is another  rate and reply

RE:RE:FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS

New to CWC, anyone think the service industry is going to start taking off? Like the oil companies have ?  rate and reply

RE:FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS

great numbers  rate and reply

FIRST QUARTER 2022 OPERATIONAL AND FINANCIAL RESULTS

CALGARY, AB, April 29, 2022 /CNW/ - (TSXV: CWC) CWC Energy Services Corp. ("CWC" or the "Company") announces the release of its operational and financial results for...read more

Misled

we were told they acquired 10 active drill rigs in u.s. in today's earnings report, they haven't been active. What gives?  rate and reply

RE:Why no volume today?

My guess would be the guys that wanted to load up did it in the last couple of weeks and have a full position. Myself included.. I won't add move until .50 or so. hoping to have that opportunity.....read more

Why no volume today?

Just curious as to why there is next to no volume today another day's were on fire for what appeared to be no particular reason. Not drifting down nor sideways. Just dropped anchor  rate and reply

Why no volume today?

Just curious as to why there is next to no volume today another day's were on fire for what appeared to be no particular reason. Not drifting down nor sideways. Just dropped anchor  rate and reply

RE:RE:CWC is just getting started. Debt free in 2023 + restore div

restored what divvy? when was there a divvy   rate and reply

RE:CWC is just getting started. Debt free in 2023 + restore div

I agree with you and your analysis of the projected EBDITA, it is quite similar to the companies 2022 adjusted estimates of $25.3M. (Which you can find on their website). Imo, as for the div., I...read more

huge volume today

4* normal and i couldn't get my order filled at 21 cents. good sign, I'll try again tomorrow. my other drill stocks have already gone up 300%, hopefully this one follows suit.   rate and reply