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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on 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 primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy’s Smart Tong, and McCoy’s Smart Tailing Stabbing Arm. The Company operates in Canada, the United States, and the United Arab Emirates.


TSX:MCB - Post by User

Post by Possibleidiot01on May 18, 2023 9:08am
171 Views
Post# 35454211

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Also wanted to point out company is paying about $1.2 million in dividends out of $19.9 million cash so IMO good chance payout gets increaseed at some point .

 
 
When you need serious equipment - you choose McCoy! HYST Steel ordered this 14" tong and 15" backup with a maximum torque of 100,000 ft.lbs. to be used in their facility to test the pipe that they are manufacturing. When serious companies need to prove their products, they choose McCoy equipment. https://lnkd.in/gTFfFxP

McCoy Global 6,386 followers
 
Shipping 8-5/8" tongs to Alaska. Customers really like the 2-3/8" to 8-5/8" size range and 35,000 ft.lbs. of maximum torque that this tong offers.

 

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