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An announcement from Calfrac Well Services ( (TSE:CFW) ) is now available.
Calfrac Well Services Ltd. announced the successful election of its board of directors at the annual shareholders’ meeting, with all nominees elected to serve until the next meeting. This election reinforces Calfrac’s commitment to maintaining stable governance and potentially strengthens its market position in the oilfield services industry.
The most recent analyst rating on (TSE:CFW) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Calfrac Well Services stock, see the TSE:CFW Stock Forecast page.
Spark’s Take on TSE:CFW Stock
According to Spark, TipRanks’ AI Analyst, TSE:CFW is a Neutral.
Calfrac Well Services scores a 58 overall, reflecting significant financial volatility and liquidity issues. While technical analysis indicates weak stock momentum and valuation appears high, recent corporate events highlight growth in Argentina, offering some optimism. However, ongoing challenges in the U.S. market and tariff impacts weigh on the stock’s attractiveness.
To see Spark’s full report on TSE:CFW stock, click here.
More about Calfrac Well Services
Calfrac Well Services Ltd. is a company that provides specialized oilfield services aimed at increasing hydrocarbon production from wells. The company operates primarily in North America and Argentina, focusing on safe, efficient, and profitable operations to deliver sustainable returns for shareholders. Its common shares are traded on the Toronto Stock Exchange under the symbol ‘CFW’.
Average Trading Volume: 108,707
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$296.3M
Learn more about CFW stock on TipRanks’ Stock Analysis page.