RE:RE:I've asked this before, but are you kidding me?
I think the market is looking out to 2019, TCW should have all their frac spreads active by end of 2018. Mr. Market could be asking, where will the growth come from? Not many deals to be had which would fit and move the needle. Most logical deal is for TCW to buy ESN-Essential Energy Svcs. They would be the dominant fracker and coiled tubing firm with a tool rental biz in Canada and USA to boot.
If someone knows of a more logical deal, I'm all ears....