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Stocks in play: Calfrac Well Services Ltd.

Baystreet.ca
Updated
Announced its financial and operating results for the three months ended December 31, 2017. The company ...

Announced its financial and operating results for the three months ended December 31, 2017. The company generated revenue of $485.5 million, an increase of 152% from the fourth quarter in 2016, resulting primarily from higher activity and a larger scale of operations in North America. It also reported net income attributable to shareholders of Calfrac of $38.0 million or $0.26 per share diluted, which included the $76.3 million property, plant and equipment impairment reversal, compared to a net loss of $61.5 million or $0.51 per share diluted in 2016.
Calfrac Well Services Ltd.