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Step Energy Services Ltd T.STE


Primary Symbol: T.STEP Alternate Symbol(s):  SNVVF

Energy Oil & Gas Equipment & Services
STEP Energy Services Ltd. is a Canada-based energy services company. The Company is engaged in providing coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. The Company’s segments include Canadian Operations and the United States Operations segments. It delivers completion and stimulation services to exploration and production (E&P) companies in Canada and the United States. The Company’s Canadian services are focused on the Western Canadian Sedimentary Basin (WCSB), while in the United States, its fracturing services are focused on the Permian basin and its coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta-Piceance, and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.


TSX:STEP - Post by User

Step Energy Services Ltd > Crappy management!
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Post by halfpennyrichon Jan 05, 2014 9:20pm
202 Views
Post# 22060457

Crappy management!

Crappy management!May 5 2005 paying out divided .11, gas & petroleum revenue of 47,434
                      production of 11,617 boe/day.

today            reduce production, decreased cash flow
                       3325 boe/day gas, 675 bbl/d oil.

stock strading above 17.50 to this year 1.14

the only thing this company has that I am interested is below book value 3.35, what is missing is div. 

Will this company turn arround ?? its hard to tell.  They need a good team!

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