Calfrac Well Services Ltd.(CFWFF)- OTCPK - Current
  • Jul. 3, 2014, 11:49 AM
    • Calfrac Well Services (CFWFF +5.5%) jumps after announcing it would more than double its capital spending to C$360M from C$150M, citing growing demand in the U.S.
    • Most of the increase is earmarked for construction of two fracturing fleets totaling 80K for Calfrac's U.S. operations, a 35K horsepower fracturing fleet for Canada, and a 40K horsepower fracturing fleet that will operate in the Vaca Muerta shale play in Argentina.
    | Jul. 3, 2014, 11:49 AM
  • Apr. 16, 2014, 2:47 PM
    • Precision Drilling (PDS +5.3%) is upgraded to Overweight from Underweight at Morgan Stanley, which believes the oilfield services company may double its Canadian land-drilling business over several years, benefiting from its exposure to the liquefied natural gas market which should see meaningful secular growth.
    • The firm says Canadian service providers Calfrac Well Services (CFWFF) and Trican Well Services (TOLWF) also could see growth for pressure pumpers.
    | Apr. 16, 2014, 2:47 PM
Company Description
Currently, there's no company description for CFWFF.
Industry: Electric Utilities
Country: Canada