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Calfrac Well Services Ltd T.CFW

Alternate Symbol(s):  CFWFF

Calfrac Well Services Ltd. is an independent provider of specialized oilfield services in North America and Argentina, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin located in North Dakota and the broader Rockies region. Its Argentinean segment provides fracturing, coiled tubing and cementing services to oil and natural gas companies operating in the Neuquen, Las Heras, and Comodoro Rivadavia regions. It provides solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its coiled tubing service line offers capability in coiled tubing completions and interventions. It offers primary and remedial cementing services in a variety of wells.


TSX:CFW - Post by User

Comment by HugeCraneon Jan 10, 2021 7:48pm
254 Views
Post# 32264468

RE:going concern question

RE:going concern questionCalfrac still has $300 million in debt on the balance sheet after restructuring. Not sure what the interest charges would be, but I would be waiting to see what q1 revenues look like. My biggest concern is how much activity has to pick up for the re structured company to be able to operate from free cash flow.  We're not out of the woods yet. 
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