CWC Energy Services Corp. (CAWLF)
CWC Energy Services Corp. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $0.13, down 1.94% on the session, giving a market capitalisation of $65.3M. On trailing twelve-month figures it carries a trailing P/E of 2.23, a net margin of 20.3%. Its beta of 1.77 implies it has historically moved more than the broad market.
CWC Energy Services Corp. is an enterprise specializing in contract drilling and well maintenance, delivering a range of essential oilfield solutions to petroleum and natural gas exploration and production firms throughout Canada and the United States. The company's operations are distinctly segmented into two primary areas: Contract Drilling and Production Services. Beyond these core offerings, it provides services encompassing well completion, ongoing maintenance, workovers, and the decommissioning of wells, along with supplying necessary equipment and associated support. The company operates an extensive fleet, which includes 144 service rigs, specifically categorized as 75 single, 55 double, and 14 slant units. Its drilling capabilities are further enhanced by 10 electric triple drilling rigs, designed for depths spanning from 3,600 to 7,600 meters, and 9 telescopic double drilling rigs capable of reaching depths between 3,200 and 5,000 meters. Formerly known as CWC Well Services Corp., the company rebranded to CWC Energy Services Corp. in May 2014. Its corporate headquarters are located in Calgary, Canada.
CWC Energy Services Corp. is most often compared with the following Energy names: