Viewing Company Calfrac Well Services Ltd | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Calfrac Well Services Ltd Stock Symbol: CFW-T

Last Price Recorded: $4.7600 on 2017-09-22

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-07-19 COMMENT Eric Nuttall

This operates in Russia, Argentina, US and Canada. Fracing demand, in both Canada and the US, exceeds available supply. As pricing has been going up, this has been a beneficiary. What keeps him from investing in this is their balance sheet. They simply have too much debt, and it removes their strategic flexibility.


Price:
$3.150
Subject:
ENERGY
Bias:
OPTIMISTIC on OIL
Owned:
No
2017-07-05 COMMENT Daniel Lloyd

He is interested in pressure pumpers at the moment, and is trying to position himself along the fracing value chain. He owns Trican (TCW-T) instead. This has much more US exposure, a much more competitive market.


Price:
$2.380
Subject:
CANADIAN
Bias:
BULLISH on ENERGY
Owned:
No
2017-04-17 DON'T BUY Larry Berman CFA, CMT, CTA

Oil has come off the lows of a year ago.  The trend line is broken and we are seeing higher highs and higher lows so you want to buy into a dip if you believe oil will get better, which he does not.  Trim exposure if it does not break the $5 resistance.


Price:
$3.870
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-01-31 COMMENT Eric Nuttall

This was on the edge of bankruptcy not long ago. Along with the entire service sector, they are benefiting from a massive increase in CapX this year, due to rising oil and gas prices. In Canada there are 3 fracers, and this is his least favourite. While they have done a pretty good job of avoiding covenant violations, they don’t have as much flexibility as he would like them to have. (See Top Picks.)


Price:
$4.230
Subject:
ENERGY
Bias:
OPTIMISTIC
Owned:
No
2016-12-08 COMMENT Jim Huang

For companies like this, it is all about leverage to the upside. Clearly the cycle has turned. Gas companies are spending more money on fracing, so they will make more money. The issue is, how much more, and is the capacity still in surplus or not. If oil prices get to $60 plus, there is probably more upside for the fracers.


Price:
$4.130
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2016-08-29 HOLD Brian Madden

(Market Call Minute.) Not for the faint of heart. A leveraged business model. Has a tailwind in the form of improving service sector activity with rising oil prices, but is definitely not a blue-chip stock.


Price:
$2.970
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
2016-07-25 DON'T BUY Larry Berman CFA, CMT, CTA

Fracking is still going to continue, but they are leveraged to the price of oil.  There is a massive glut in unleaded gas.  CFW-T should retrace almost to the February lows earlier this year.


Price:
$3.140
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-03-21 SELL Robert Lauzon

A business of fracking wells and there are not a lot of wells being done that way.  FRC-T is a better bet as they have lower debt.


Price:
$1.550
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
OPTIMISTIC
Owned:
No
2016-03-17 DON'T BUY Mason Granger

There are 3 pressure pumpers in Canada and are involved in the hydraulic fracturing of reservoirs as part of the completion process after the well has been drilled. This company has struggled with the debt and has been selling their US business. At this point in the cycle, he wouldn’t be too constructive on this type of a service name because he feels the pricing power is not going to come back. You do better on owning E&P stocks at this time.


Price:
$1.670
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Unknown
2015-08-25 COMMENT Eric Nuttall

Trican (TCW-T) or Calfrac (CFW-T)? This is a better company operationally and geographically. Less debt, although they do have a lot of debt as well, so everything is not rosy. His preference would be Canyon Services (FRC-T).


Price:
$3.890
Subject:
OIL, GAS & SMALL-CAP CANADIAN
Bias:
BULLISH on OIL
Owned:
No
2015-08-05 COMMENT Michael Smedley

Average down? You could, but it is not a mainstream oil or gas producer. The patent on that stock price is the same as all the service companies. He doesn’t think there is a sense of failure. There is a pulling back in expenditures in the oil patch and a pulling back in the usage of rigs. This has happened since time immemorial. You have a price advantage. He is just simply holding onto most of these companies, but is not increasing them.


Price:
$5.460
Subject:
CANADIAN
Bias:
BEARISH
Owned:
Unknown
2015-07-29 COMMENT James Telfser

These are great names to get leverage to the oil space, but the first names you have to be out of when you see a crack in energy. The fracers, servicers and drillers get hit first. In his opinion, we are not at the bottom of oil yet.


Price:
$6.350
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-06-09 WAIT Christine Poole

Energy service names were very strong in the beginning part of the year, and then they pulled back with energy prices. This is on her watch list. She is not buying energy in general, as she feels there could be another pullback in crude oil prices.


Price:
$8.130
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-04-21 DON'T BUY David Burrows

The oil/gas industry has gone through a structural shift. Basically, from an old world of higher risk/high return of drilling and finding, took a long time. Today it is mass manufacturing with a very high probability of success. Going forward, it is less likely that the price of oil is going to have big moves higher, much above the cost of production. May and June are very tough months for service and exploration companies.


Price:
$9.960
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-10-17 DON'T BUY Eric Nuttall

He has eliminated all his service exposure except for two companies, two days ago.  CFW-T’s margin expansion will not happen and budgets will not be as aggressive as they would have been two months ago.  The whole thesis for buying these names has evaporated. Prefers producers who have hedging.


Price:
$13.550
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
Showing 1 to 15 of 130 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.