Step Energy Services Ltd T.STEP

Alternate Symbol(s): SNVVF

Energy Oil & Gas Equipment & Services

STEP Energy Services Ltd. is a Canada-based energy services company. The Company is engaged in providing coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. The Company’s segments include Canadian Operations and the United States Operations segments. It delivers completion and stimulation services to exploration and production (E&P) companies in Canada and the United States. The Company’s Canadian services are focused on the Western Canadian Sedimentary Basin (WCSB), while in the United States, its fracturing services are focused on the Permian basin and its coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta-Piceance, and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.

TSX:STEP - Post by User

Step Energy Services Ltd

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Post by EstevanOutsideron Apr 22, 2022 5:11am

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Post# 34622864

Peters projects $186M EBITDA for STEP in 2023

and 44% FCF in a note published two days ago with 20% corporate EBITDA margins.

If true then STEP is probably 3x from here between now and 2023.

My highest conviction idea. Trading at the lowest multiple in OFS.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?