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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

Energy Oil & Gas Drilling
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

ACT Energy Technologies Ltd > CET Q4 ,2020
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Comment by C32BTTon May 01, 2021 3:37pm
204 Views
Post# 33108903

RE:RE:RE:RE:CET Q4 ,2020

RE:RE:RE:RE:CET Q4 ,2020I think any improvement at this point would improve the perception of this company.  PHX is trading at 1.327 times bookvalue whereas CET is trading at 0.38 times bookvalue.  There is a pretty wide gap between the two and you have to wonder for yourself if that gap is really justified.  I just think there is upside potential more so with CET considering how cheap it is compared to PHX.  I think PHX is fairly valued at this point.
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