The good news: CFW today moved its dividend forward to Dec 14 record date/ Dec 12 x-date.
The dividend was expected in January but shareholders get a bonus for 2012.
Calfrac also announced its capital expenditures for 2013, reaffirmed the stock
buyback, and said the company would change from semi annual dividends to
quarterly. I expect CFW to announce its first quarterly dividend in January.
IMO the oil services sector which was flat in 2012 will rebound in 2013.
Calfrac is the best of breed.