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GASFRAC Energy Services Inc. GSFVF

GasFrac Energy Services Inc is an oil and gas service company. It is engaged in providing liquid petroleum gas fracturing services to oil and gas companies in Canada and the United States of America. The company has developed a patented waterless Liquid Petroleum Gas gel that yields higher reservoir production while eliminating concerns over water use in fracturing.


OTCPK:GSFVF - Post by User

Post by geodude13on May 23, 2011 10:00am
708 Views
Post# 18613964

Q3 Earnings - a point of inflection

Q3 Earnings - a point of inflectionIn reading the Q1 earnings report, I think we're in a period of chop due to the January fires and the capital investment in new equipment/personnel.  I think Q2 has potential to be better but break up usually makes for Q2 to be a poor quarter for most oilfield service companies.  Q3 reporting has the potential to be a real indication of what earnings could be.  I holding for now and considering buying below $10 if the opportunity presents itself.  Hopefully the safety record improves though.  The company needs to pay attention to the TRI numbers as the big oil companies do pay attention to those statistics.
Regards,
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