Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Cathedral Energy Services ( (TSE:ACX) ) is now available.
ACT Energy Technologies has acquired all assets of Texas-based Stryker Energy Directional Services for approximately US$24.2 million, in a cash, debt and equity deal designed to expand its directional drilling footprint across the Southern United States. Stryker, which averaged about 17 active jobs per day in 2025 and brings a fleet of 10 rotary steerable system tools and an experienced management team that will continue to lead the business, materially increases ACT’s U.S. job count and strengthens its technology portfolio. ACT expects to replace Stryker’s third‑party rented mud motors with its own inventory, targeting more than C$5 million in annual synergies, a payback period of under two and a half years, and accretion to net income, adjusted EBITDAS and free cash flow, while preserving financial flexibility through a balanced funding structure that also aligns Stryker’s leadership with ACT shareholders via equity and staged resale restrictions.
The most recent analyst rating on (TSE:ACX) stock is a Buy with a C$6.50 price target. To see the full list of analyst forecasts on Cathedral Energy Services stock, see the TSE:ACX Stock Forecast page.
Spark’s Take on TSE:ACX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACX is a Outperform.
Cathedral Energy Services receives a score of 72, driven primarily by its strong valuation and positive technical indicators. Despite mixed financial performance with declining revenue and cash flow concerns, the stock’s low P/E ratio and bullish technical signals provide a favorable outlook. The absence of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on TSE:ACX stock, click here.
More about Cathedral Energy Services
ACT Energy Technologies Ltd. is a Calgary-based provider of directional drilling and related high-value drilling technologies, with a growing platform in the United States. The company focuses on technology-intensive services such as rotary steerable systems (RSS) and measurement-while-drilling (MWD) tools, targeting key U.S. basins where demand for advanced directional drilling solutions supports higher-margin growth.
Average Trading Volume: 37,004
Technical Sentiment Signal: Sell
Current Market Cap: C$162.8M
Learn more about ACX stock on TipRanks’ Stock Analysis page.