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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 30, 2024 6:01pm
474 Views
Post# 36203500

Should be plenty of time to accumulate in 1.85-2.15 range

Should be plenty of time to accumulate in 1.85-2.15 rangeas it looks like oil is headed to a 6 handle, as the quants are shorting oil as a way to hedge weakness in the world economy. Cheap oil service companies will get cheaper. Needless to say, MCB is reliant on the sucess of their innovative new products irrespective of the health of the industry, but such things will be ignored without any signs progress on the the new products front. i.e oil price gets slammed into the floorboards, the babies will be thrown out with the bathwater..
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