McCoy Global Inc T.MCB

Alternate Symbol(s): MCCRF

Energy Oil & Gas Equipment & Services

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.

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McCoy Global Inc

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Post by Angleson Mar 04, 2022 8:46am

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Post# 34482423

2021 Year end results

Well improvement in earnings (although mainly subsidies), order backlog, sales momentum and product offerings/development - I was expecting MORE.

Disappointed.

Also, they provided an update on the strategic initiatives - No further developments to report. Some companies have kicked their tires but no deals.

Again, disappointed.

Sorry guys. I guess we will have to stay tuned a lot longer.

Although they did indicate a promising 2022 and beyond. I feel they are trying but not getting the results in all categories I was looking for. Of course they blamed the current world supply conditions and C-19.

Angles

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Corus reports Q1 profit drop in the face of falling revenue