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Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Calfrac Well Services Ltd. is an independent provider of specialized oilfield services in North America and Argentina, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin located in North Dakota and the broader Rockies region. Its Argentinean segment provides fracturing, coiled tubing and cementing services to oil and natural gas companies operating in the Neuquen, Las Heras, and Comodoro Rivadavia regions. It provides solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its coiled tubing service line offers capability in coiled tubing completions and interventions. It offers primary and remedial cementing services in a variety of wells.


TSX:CFW - Post by User

Bullboard Posts
Post by jackpinesavageon Dec 06, 2012 9:46am
190 Views
Post# 20691778

The good news:

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.

Bullboard Posts