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Step Energy Services Ltd T.STEP

Alternate Symbol(s):  SNVVF

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

Post by Rational43on Jul 07, 2023 2:53pm
156 Views
Post# 35531376

Move from the high $2's to $6 is going to be a face ripper

Move from the high $2's to $6 is going to be a face ripperI think sentiment hit an all time low on oil and CAD OFS a few weeks ago, and the move back to something like, oh, book value is going to be violent.  
Drilling is NOT collapsing, which was being priced in to STEP.TO

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