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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

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.


TSX:MCB - Post by User

Comment by paradinion Aug 11, 2023 10:32pm
109 Views
Post# 35584962

RE:Q2,2023

RE:Q2,2023They have always been a smart company with cash.  Always little to no debt... cray that the price is only 1.45 they have almost 1/2 their stock value in cash, most companies like that would be at a 20-30x P/E ratio.  Current earnings and growth are tending nicely. Would be nice to get to that 2$ mark and get the trading volume up consistently.  The low volume keeps the traders away... I still think this stock should easily be in the 2.50-3.00 range in the next 6-12 months.
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