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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

Post by drunk@noonon Aug 10, 2024 10:33am
182 Views
Post# 36172725

Aside from trading at 3 times annualized cashflow from ops

Aside from trading at 3 times annualized cashflow from opsbefore changes in WC, another absurdity in how cheap this company is trading is, with a market cap of $54 millioHn, they have positive working capital of 40 milllion. If one does not  understand what that means, do yourself a favour and educate your self.
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