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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. 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... see more

TSX:STEP - Post Discussion

Step Energy Services Ltd > Again the "Analysts" are wrong.
View:
Post by pecuniam on Jun 23, 2022 12:40pm

Again the "Analysts" are wrong.

They should have given STEP a $3 or $4 target in this market. Let me guess. Now the "market" thinks there will be a recession and the demand for oil and gas will drop. Garbage.

Sick of the business news also...don't invest in equities, bonds, crypto, gold, oil, gas also don't be in cash because you'll lose money in a stagflation envirinment. Ok geniuses! What do I do with the money I have left that I haven't already lost?!!!!!
Comment by driller1a on Jun 23, 2022 12:55pm
I would hate to see where STEP would be if it had poor results and gave bad guidance going forward. Geesh! There are crazy low prices all over the markets. When the pundits are saying everything is bad and there's no hope. It's time to buy. I've made a fortune doing this in the past. There are also crazy low prices in bond funds right now. I bet anyone buying today will easily make 15 ...more  
Comment by driller1a on Jun 23, 2022 12:56pm
Oh, also...anyone buying STEP here at $4.50 will easily earn 100% on there investment. 
Comment by pecuniam on Jun 23, 2022 1:34pm
I just continue to lose money. I'm buying good companies with solid fundamentals and buy/ outperform analyst ratings and the prices just keep dropping after I buy. I'm getting killed in the oil/natural gas sector.
Comment by driller1a on Jun 23, 2022 1:40pm
Hang tight cowboy. This is just people taking profits. They'll regret it. Trust me.
Comment by firstworld on Jun 23, 2022 1:46pm
Red Deer yard is stuffed with equip means its not earning.
Comment by oilpig2022 on Jun 23, 2022 6:26pm
Lol they are stuffed with equipment because they have no employees to fill them. The work is out there flat out, but step is to cheap with wages. Poor management if you ask me. Greedy.
Comment by firstworld on Jun 23, 2022 1:48pm
Never buy Canadian energy its a soviet styles centrally planned business with political risk iff the charts. All foreign money except money laundering has left Canada. Buy euro or asian super majors through London or Hong Kong.