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Bullboard - Stock Discussion Forum Step Energy Services Ltd T.STEP

Alternate Symbol(s):  SNVVF

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. The Company’s segments include Canadian Operations and the United States Operations segments. It delivers completion and stimulation services to exploration and production (E&P) companies in Canada and the United... see more

TSX:STEP - Post Discussion

Step Energy Services Ltd > Peters & Co says 40% price hikes from Q3
View:
Post by EstevanOutsider on Jun 01, 2022 1:52am

Peters & Co says 40% price hikes from Q3

agreed to buy some pressure pumping customers in a note on Trican.

Huge if true.
Comment by Whynottoday2 on Jun 02, 2022 11:52am
....with revenues forecasted to be +$225MM quarter on quarter for the foreseeable future and an outstanding float of ~28 MM shares, surprised this beast isn't taken private. Nuts!
Comment by MIA17 on Jun 02, 2022 5:38pm
Did you see the insider sells posted today at sedi?  WTF?
Comment by EstevanOutsider on Jun 03, 2022 4:42am
Those are just options. Part of compensation. I don't see them as legit insider sales.
Comment by Whynottoday2 on Jun 03, 2022 10:50am
Expiring Option(s)......Smok'm if you got them??? Interesting to see/hear Ninepoint's top pick on BNN Marketcall today at 12ET!!!
Comment by EstevanOutsider on Jun 03, 2022 7:50pm
Nuttall likes his pumpable junk cos. He's back in the trifecta of trash - ath, tve, erf. OFs are going to lap his fund again in 2H. He'll be lucky to beat Suncor!
Comment by EstevanOutsider on Jun 03, 2022 4:43am
I think that's more right - $180M ebitda for 2023 is too conservative. Looking at $200M plus now. Expecting up to $15 price targets next year.