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Tervita Corporation T.TEV

Tervita Corp is engaged in providing waste management service. The reportable segments of the group are Energy Services, Industrial Services and Corporate, of which a majority of the revenue is derived from the Energy services segment comprising three service lines: energy marketing, facilities, and onsite. These service lines provide services to the oil and gas sector including treatment, recovering, and disposal of fluids; energy marketing; processing and disposal of solid materials used in, a


TSX:TEV - Post by User

Comment by mingzhuon Oct 22, 2020 5:11pm
158 Views
Post# 31767081

RE:RE:RE:why no interest in this stock?

RE:RE:RE:why no interest in this stock?moody credit downgraded to B3

https://www.moodys.com/credit-ratings/Tervita-Corporation-credit-rating-820450387

B3/B- ratings signify a higher risk of default and greater risk to investors or policyholders. Moody’s assigns its B3 rating for “obligations considered speculative and subject to high credit risk.”1 Entities that receive this rating may be experiencing financial instability or hold inadequate cash reserves relative to their business needs, debt or other financial obligations.
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