Calfrac Well Services (TSE:CFW) Posts Quarterly Earnings Results

Calfrac Well Services (TSE:CFW) released its earnings results on Friday. The company reported C$0.05 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$323.41 million during the quarter. Calfrac Well Services had a net margin of 1.74% and a return on equity of 4.42%.

Calfrac Well Services Stock Performance

Shares of CFW stock opened at C$3.12 on Friday. The company has a fifty day moving average price of C$3.26 and a two-hundred day moving average price of C$3.39. Calfrac Well Services has a one year low of C$2.98 and a one year high of C$4.17. The stock has a market cap of C$267.97 million, a P/E ratio of 26.00, a P/E/G ratio of -0.30 and a beta of 0.26. The company has a debt-to-equity ratio of 57.80, a current ratio of 2.23 and a quick ratio of 1.33.

About Calfrac Well Services

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.