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Last $3.19 USD
Change Today -0.15 / -4.49%
Volume 5.0K
CFWFF On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 10:20 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

calfrac well services ltd (CFWFF) Snapshot

Open
$3.24
Previous Close
$3.34
Day High
$3.24
Day Low
$3.19
52 Week High
09/4/14 - $18.62
52 Week Low
08/24/15 - $2.35
Market Cap
306.5M
Average Volume 10 Days
27.2K
EPS TTM
--
Shares Outstanding
96.1M
EX-Date
06/26/15
P/E TM
--
Dividend
$0.27
Dividend Yield
11.69%
Current Stock Chart for CALFRAC WELL SERVICES LTD (CFWFF)

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calfrac well services ltd (CFWFF) Details

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, the Russian Federation, and Latin America. The company offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas industries. It also provides pressure pumping services. The company was founded in 1999 and is headquartered in Calgary, Canada.

4,900 Employees
Last Reported Date: 03/18/15
Founded in 1999

calfrac well services ltd (CFWFF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$550.0K
Chief Financial Officer
Total Annual Compensation: C$400.0K
Chief Operating Officer
Total Annual Compensation: C$377.4K
President of Canadian Operating Division
Total Annual Compensation: C$260.0K
Vice President of Global Operations
Total Annual Compensation: C$325.6K
Compensation as of Fiscal Year 2014.

calfrac well services ltd (CFWFF) Key Developments

Calfrac Well Services Ltd. Agrees to Pay $6 Million to Settle Class-Action Lawsuit

Calfrac Well Services Ltd. has agreed to pay $6 million to settle a class-action lawsuit claiming it underpaid its American employees for overtime hours. The settlement will cover an estimated 1,039 people who worked for the company in Pennsylvania as well as Arkansas, Colorado and North Dakota. U.S. District Judge Terrence McVerry in Pittsburgh has scheduled a status conference on the proposal. If he approves the proposal, the next steps would be notifying the members of the class and setting a hearing to determine the settlement's fairness. The employees were paid a salary and bonuses. When they worked overtime, the company calculated their 'hourly' rate by dividing their salary and bonuses by the total hours worked and paying them time-and-a-half on that rate. Howard Bland Jr., a Burgettstown fracking operator, and others contended in the suit that the company should have divided their salary and bonuses by 40 hours per week to obtain the base rate for the overtime calculation.

Calfrac Well Services Seeks Acquisitions

Calfrac Well Services Ltd. (TSX:CFW) is seeking acquisitions. "Calfrac would look for smaller deals rather than larger ones, partly because Calfrac doesn't need to acquire more hydraulic fracturing equipment, given that it has an excess of unused equipment.", Calfrac President and Chief Executive Officer Fernando Aguilar said.

Calfrac Well Services Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Calfrac Well Services Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of CAD 319,553,000 compared to CAD 502,957,000 a year ago. Loss before income tax was CAD 63,349,000 compared to CAD 8,878,000 a year ago. Net loss was CAD 43,805,000 compared to CAD 12,848,000 a year ago. Net loss attributable to shareholders of the company was CAD 43,277,000 or CAD 0.45 per basic and diluted share compared to CAD 12,905,000 or CAD 0.14 per basic and diluted share a year ago. Cash flows provided by operating activities were CAD 67,081,000 compared to CAD 27,322,000 a year ago. Purchase of property, plant and equipment was CAD 44,994,000 compared to CAD 42,471,000 a year ago. An operating loss of CAD 7 million for the second quarter of 2015, representing a 116% decrease from CAD 44.8 million of income under the second quarter of 2014. For the six months, the company reported revenue of CAD 919,936,000 compared to CAD 1,050,595,000 a year ago. Loss before income tax was CAD 89,426,000 compared to profit before income tax of CAD 3,122,000 a year ago. Net loss was CAD 56,745,000 compared to CAD 3,428,000 a year ago. Net loss attributable to shareholders of the company was CAD 55,905,000 or CAD 0.59 per basic and diluted share compared to CAD 3,959,000 or CAD 0.04 per basic and diluted share a year ago. Cash flows provided by operating activities were CAD 57,315,000 compared to CAD 47,101,000 a year ago. Purchase of property, plant and equipment was CAD 106,652,000 compared to CAD 67,396,000 a year ago.

 

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CFWFF:US $3.19 USD -0.15

CFWFF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
C&J Energy Services Ltd $4.81 USD -0.395
Eco-Stim Energy Solutions Inc $3.43 USD 0.00
RPC Inc $10.64 USD -0.46
Superior Energy Services Inc $14.40 USD -0.98
Trican Well Service Ltd C$1.67 CAD -0.01
View Industry Companies
 

Industry Analysis

CFWFF

Industry Average

Valuation CFWFF Industry Range
Price/Earnings 26.7x
Price/Sales 0.2x
Price/Book 0.5x
Price/Cash Flow 26.9x
TEV/Sales NM Not Meaningful
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