2024-07-17 09:00:00 ET
Summary
- Calfrac Well Services Ltd. is a leading fracking company in Canada, poised for growth in the Montney shale region.
- Analysts rate the stock as a hold with price targets ranging from $4.50-$6.00, presenting a potential investment opportunity.
- The company's operations in Argentina are showing positive trends, with potential for growth in the Vaca Muerta play and improved repatriation policies.
Introduction
We've been talking about natural gas a good bit in recent articles , and I thought this might be a good chance to catch up with Calfrac Well Services Ltd. ( CFWFF ). Calfrac is the leading fracking company in Canada, and something tells me the fracking business is getting ready to rock and roll in the Montney. If that's the case, current pricing may pose an attractive investment thesis for investors with a little patience....
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Calfrac Well Services: The Shiny Object In Kitimat