Calfrac Well Services traded at 6.61 this Thursday June 4th, decreasing 0.10 or 1.49 percent since the previous trading session. Looking back, over the last four weeks, Calfrac Well Services lost 17.41 percent. Over the last 12 months, its price rose by 93.27 percent. Looking ahead, we forecast Calfrac Well Services to be priced at 6.20 by the end of this quarter and at 5.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba. The United States segment provides pressure pumping services in Arkansas, Colorado, North Dakota, Pennsylvania and Texas. The Russian segment provides fracturing and coiled tubing services in Western Siberia. The Latin America segment provides pressure pumping services from operating bases in Argentina, Mexico and Colombia. In Argentina, the Company provides fracturing, cementing and coiled tubing services to oil and natural gas companies operating in the Neuquen, Las Heras and Comodoro regions.