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Cordy Oilfield Services Inc. V.CKK

Cordy Oilfield Services Inc along with its subsidiaries is engaged in energy services and construction throughout Canada. It has two operating segments namely Heavy Construction and Environmental Services. The Environmental Services segment provides clean-up, hazardous goods transportation and containment services to the oil and natural gas industry and also to industrial and commercial customers in Alberta. The Heavy Construction segment services include pipeline integrity management;...


TSXV:CKK - Post by User

Comment by hangemhigh4on Nov 26, 2016 1:50pm
74 Views
Post# 25517174

RE:Management's Outlook

RE:Management's OutlookIt will be interesting to see which companies are able to hold out this downturn in oil. If you look at all the service companies they are all suffering big time and have huge debt issues.  They are all raising funds in different ways like CKK.  Fortunately CKK has other revenues other then just oil services or they would be done. Nov. 30 we will see if OPEC and others cut production. If they do we could get a bump in pps. But don't hold your breath as some don't want a cut. Glta
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