Step Energy Services Ltd 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.

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Step Energy Services Ltd

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Comment by Tayspoton Aug 03, 2018 12:35pm

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Post# 28410976

RE:RBC

They believe market is balanced to oversupplied so does adding more crews make sense? Also, if movement out of the Permian into SCOOP occurs their market share will get punished. I don’t understand these $17-20 sp targets, I believe they’re worth more than $10 but twice that is a stretch.

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