Bullboard - Stock Discussion Forum Calfrac Well Services Ltd T.CFW

Alternate Symbol(s): CFWFF

Calfrac Well Services Ltd. is an independent provider of specialized oilfield services in North America and Argentina, including hydraulic fracturing, coiled tubing, cementing and other well stimulation services. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin located in North Dakota and the broader Rockies region. Its... see more

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TSX:CFW - Post Discussion

Calfrac Well Services Ltd > 2 handle is the beginning of the end

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Post by HugeCrane on Aug 21, 2021 3:22am

2 handle is the beginning of the end

Calfrac employees are being poached by superior service companies as we speak. I heard a rumour several weeks ago from a CFW hand I met on holidays that knew of experienced hands leaving for greener pastures. Calfrac doesn't have the cash to offer the kind of wages or benefits required to attract service men to meet the demands of the WCSB. US and Arg are a write off. The future is in the Duvernay and associated basins in the WCSB. I hope people cut their losses, learn a lesson and invest in quality names. IE NOT CALFRAC.

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