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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
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(73)
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Comment by auburn2on Mar 14, 2019 6:53pm
149 Views
Post# 29488332

RE:RE:RE:RE:RE:RE:Market is oversupplied for pressure pumpers, then what?

RE:RE:RE:RE:RE:RE:Market is oversupplied for pressure pumpers, then what?It's a typical bear market valuation. You can beat your head all you want. Bottom line, they capitalized on the high price both through the IPO and through an equity financing when they bought Tucker. Now if WTI stabilizes above $60, for how much longer will there be sub-$3 STEP shares to buy?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities