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.

TSX:STEP - Post by User

Step Energy Services Ltd

Bullboard Posts

Comment by Bearmobbon Sep 21, 2018 7:37pm

108 Views

Post# 28668730

RE:RE:RE:RE:RE:RE:Buy Out

Maybe they needed some cash for a different investment? They or anyone else is now selling at a loss so I don’t get the logic. I think this would explain why step management is so quiet. They figure they are doing their job and can’t help it if Arc or a fund wants to unload.

It’s really frustrating to see this down every day. The stock wants to move up but every time it makes a move someone knocks the feet out. It was just 3 days ago that the sp hit $6.20! The daily sell off is almost always an anonymous sell or one initiated by CIBC. This is all very suspicious.

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