Calfrac Well Services Ltd T.CFW

Capital Increase-Fleet Addition- Amazing 2022 Forecast

[Danzel88]

The additional capital is likely going into activiting a fourth fleet in Canada and another potential fleet in the US.  2022 Drilling in Canada is scheduled to surpass 2019 levels. DUCs are as low as 2013 numbers.

https://www.worldoil.com/news/2021/8/3/live-duc-count-hits-2013-low-as-the-us-continues-to-frac-more-than-it-drills

I think this is going to be one hell of an upcoming year for this stock.  Very likely that we see Enterprise value between 1.5 Billion- 2 Billion based on recent history.  AKA: Potential for $14-$20 per share in 2022, and that factors in full dilution which might not occur next year.

https://ycharts.com/companies/CFW.TO/enterprise_value

[MrAlberta]

It'll only be able to move with increased drilling activity and rates. This is one of the few oil realted names that has barely moved off the covid bottom in early 2020. Management needs to prove to POTENTIAL shareholders that it is worth owning this company to generate upward momentum on share price. Otherwise it's just a bunch of stubborn people unwilling to sell shares while waiting for