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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

Bullboard Posts
Comment by yrmacon Aug 20, 2016 7:34pm
374 Views
Post# 25161564

RE:RE:Whatever the speculation was...

RE:RE:Whatever the speculation was...Cathedral Energy Services Q2 net loss down 18:03:17 08/17/2016 Aug 17, 2016 (MarketLine via COMTEX News Network) -- Cathedral Energy Services Ltd. has reported that net loss for the second quarter ended June 30, 2016 was $6.92 million, or $0.19 loss per share, compared to a net loss of $15.27 million, or $0.42 loss per share, for the same quarter ended June 30, 2015. Revenues for the second quarter ended June 30, 2016 were $15.59 million, compared to $29.68 million for the same quarter ended June 30, 2015. Net income for the six months ended June 30, 2016 was $2.77 million, or $0.08 per share, compared to a net loss of $15.99 million, or $0.44 loss per share, for the same period ended June 30, 2015. Revenues for the six months ended June 30, 2016 were $36.68 million, compared to $79.76 million for the same period ended June 30, 2015. https://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon Copyright (C) 2016 Datamonitor. All rights reserved Is this stock back to .25cents?
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