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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

Bullboard Posts
Comment by auburn2on Oct 29, 2019 12:16am
85 Views
Post# 30279626

RE:RE:RE:RE:Claw 650 XF Results Are In

RE:RE:RE:RE:Claw 650 XF Results Are InI've been interested in CET since buying in around 40 cents around 2016. Quickly tripled my money. The company did some excellent moves, including sales of the much smaller divsion for more than double the current market cap & a financing with Wilks backing. The balance sheet is much better now than when I bought then. The stock is crushed mainly on sector sentiment. One of the strongest balance sheets around and fundamentally a very good company that should outperform when money flows back to this sector. Sounds like you're heavily down. You have to realize how fickle and volatile these stocks are. They're not buy and holds. You have to watch them and know what you're doing.
Bullboard Posts