Calfrac Well Services (CFWFF) Expected to Release Earnings on Thursday

Calfrac Well Services (OTCMKTS:CFWFF) is anticipated to release its results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.1671 per share and revenue of $258.3330 million for the quarter.

Calfrac Well Services Price Performance

CFWFF opened at $4.41 on Tuesday. The company’s 50 day simple moving average is $4.50 and its two-hundred day simple moving average is $4.16. Calfrac Well Services has a 1-year low of $2.11 and a 1-year high of $5.01.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Calfrac Well Services in a report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Calfrac Well Services

Calfrac Well Services Ltd. is an oilfield services provider specializing in well stimulation and completion solutions for the global oil and gas industry. The company offers a suite of products and services designed to enhance reservoir productivity, including hydraulic fracturing, coiled tubing, cementing, nitrogen pumping and acidizing treatments. With a focus on innovation and operational efficiency, Calfrac employs advanced pumping equipment, data acquisition tools and proprietary chemical blends to optimize well performance.

Calfrac’s hydraulic fracturing services cover both conventional and unconventional resource plays, delivering high-intensity fracture treatments for onshore wells.