RE:RE:RE:RE:Full year earnings will be $0.21 per share. $0.49 next year.
If you think that those trends are likely to accelerate in the near term, it's my opinion that there are probably better equities out there than MCR that I would put my money into that play off of the same trends. Probably less upside, but way less volatility and way better management. On the contract drilling side, I'd look at Trinidad, Western, and CanElson or Trican and Canyon on the pumping side.
My problem with MCR is and always has been that small diameter pipeline is extremely volatile unless you have a footprint across the basin, which Macro certainly doesn't. Even worse, they are trying to venture into big inch pipeline, which is a total fool's game. People with way more experience in big inch than Macro have bled themselves into non-existence by trying to compete with the experienced companies on this. Unless your name is Quanta (OJ/Banister), Michels, Waschuk, or one or two others, don't even bother with that game. Midwest, North American, Willbros, OJ (before Quanta picked up the scraps) all tried to compete and went belly up on it.
If LNG facilities don't get FID in the next 12 months, this will be a dollar stock. Even if they do, I worry that they're going to piss their money away chasing a unicorn on big inch pipe. Too many guys out there do it better for cheaper.