Steven Reiman
Long/short equity, value, research analyst, small-cap

CWC Well Services: Year End Update

(Author's note: This article is one in a series of articles I intend to publish over the final two weeks of 2013 in which I will review many of the companies I have written about over the past year in order to give an operational update to readers and determine if there has been any significant change to the original investment thesis. All companies covered in this will be ones I currently hold in my portfolio.)

Company Overview

CWC Well Services (OTC:CAWLF) (referred to as "CWC" for the balance of this article) is an oil well servicing company that operates in the Western Canada Sedimentary Basin (WCSB). The company's main business involves deploying its 71 service...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details