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Calfrac Well Services Ltd (CFW.TO)

CFW.TO on Toronto Stock Exchange

5.34CAD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Calfrac says Q3 earnings per share C$0.06
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Calfrac Well Services Ltd -:Calfrac announces third quarter results and update on 2017 capital program.Q3 revenue C$448.1 million versus I/B/E/S view C$387.5 million.Q3 earnings per share C$0.06.Q3 earnings per share view C$-0.00 -- Thomson Reuters I/B/E/S.Company is announcing a further increase in its 2017 capital budget from $65.0 million to $95.0 million​.Calfrac Well Services- ‍incremental capital expenditures to largely focus on maintenance capital for a larger fleet of equipment operating in North America​.Calfrac Well Services- ‍for rest of 2017, sees further reactivations to occur in North America although pace of pricing gains is anticipated to slow​.‍Company plans to deploy an incremental Montney-focused fracturing fleet in Canada early in Q1 of 2018​.: all figures in C$‍​.  Full Article

Calfrac Well Services Q2 loss per share c$0.36
Thursday, 28 Jul 2016 

Calfrac Well Services Ltd : Co is optimistic that 2017 activity will improve year-over-year, but visibility remains uncertain at this time . Calfrac announces second quarter results . Q2 revenue c$150.6 million versus I/B/E/S view c$151.9 million . Q2 loss per share c$0.36 .Q2 earnings per share view c$-0.38 -- Thomson Reuters I/B/E/S.  Full Article

Calfrac Well Services Ltd Posts Q1 loss c$0.47/shr; Says in total, about 500 employees were affected by cost initiative - Reuters News
Friday, 29 Apr 2016 

Calfrac Well Services Ltd:Calfrac announces first quarter results.Q1 loss per share c$0.47.Q1 revenue c$216.1 million versus I/B/E/S view c$240.2 million.Q1 earnings per share view c$ -0.39 -- Thomson Reuters I/B/E/S.Calfrac says in total, approximately 500 employees were affected by cost initiative which decreased company's global headcount to approximately 2,600.Calfrac says Canadian, U.S., corporate headcount have declined about 60 percent, 70 percent and 35 percent, respectively, since beginning of 2015.  Full Article

Calfrac Well Services Ltd announces retirement of CFO
Wednesday, 6 Jan 2016 

Calfrac Well Services Ltd:Michael J. (Mick) McNulty, Calfrac's Chief Financial Officer, has advised Calfrac's board of directors and executive management team that he intends to retire by March 2016.Calfrac has initiated a search process.  Full Article

BRIEF-Calfrac Says Its 2018 Capital Budget Is Of About $132 Mln

* CALFRAC WELL SERVICES - IN ADDITION, ABOUT $7 MILLION REMAINING FROM CO'S 2017 CAPITAL PROGRAM IS EXPECTED TO BE SPENT IN 2018 Source text for Eikon: Further company coverage: