Step Energy Services Ltd T.STEP

Alternate Symbol(s): SNVVF

Energy Oil & Gas Equipment & Services

STEP Energy Services Ltd. is a Canada-based energy services company. The Company is engaged in providing coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. It delivers completion and stimulation services to exploration and production (E&P) companies in Canada and the United States. In Canada, the Company delivers coiled tubing and fracturing services in the Western Canadian Sedimentary Basin. The Company's Canadian services are focused on the Western Canadian Sedimentary Basin (WCSB), while in the United States, its fracturing and coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.

TSX:STEP - Post by User

Step Energy Services Ltd

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Apr 25, 2023 7:51am

137 Views

Post# 35411880

BMO

BMO Nesbitt Burns analyst John Gibson upgraded Source Energy Services Ltd. on Tuesday to “outperform” from “market perform” with a $5 target, up from $3.50 but below the $7 average.

He also made these target adjustments:

Enerflex Ltd. (“outperform”) to $12 from $13. Average: $14.18.
North American Construction Group Ltd. (“outperform”) to $30 from $25. Average: $26.80.
Shawcor Ltd. (“market perform”) to $14 from $13. Average: $15.91.
Step Energy Services Ltd. ( “outperform”) to $5 from $6. Average: $7.71.