TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Calfrac Well Services ( (TSE:CFW) ) just unveiled an announcement.
Calfrac Well Services Ltd. announced the immediate resignation of its CEO, Pat Powell, who also stepped down from his position as a director. The company has expressed gratitude for Powell’s contributions over the past three years and will begin the search for a permanent replacement. This leadership change comes at a time when Calfrac continues to focus on its core operations in North America and Argentina, maintaining its commitment to safety, efficiency, and profitability.
More about Calfrac Well Services
Calfrac Well Services Ltd. is a company that provides specialized oilfield services aimed at enhancing hydrocarbon production from wells. It operates primarily in North America and Argentina, focusing on safe, efficient, and profitable operations to deliver sustainable returns for shareholders. The company’s shares are publicly traded on the Toronto Stock Exchange under the symbol ‘CFW’.
YTD Price Performance: -7.63%
Average Trading Volume: 51,676
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$312.6M
For an in-depth examination of CFW stock, go to TipRanks’ Stock Analysis page.