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BRIEF-Calfrac Reports Q2 Loss Per Share Of C$0.18

BRIEF-Calfrac Reports Q2 Loss Per Share Of C$0.18

Reuters · 07/28/2022 06:04
BRIEF-Calfrac Reports Q2 Loss Per Share Of C$0.18

- Calfrac Well Services Ltd CFWFF:

  • CALFRAC ANNOUNCES SECOND QUARTER RESULTS

  • Q2 LOSS PER SHARE C$0.18

  • IN Q2 OF 2022, GENERATED REVENUE OF $318.5 MILLION, AN INCREASE OF 83 PERCENT FROM Q2 IN 2021

  • DURING Q2 OF 2022, COMPANY CONTINUED TO GROW ITS NORTH AMERICAN FRACTURING OPERATING SCALE

  • EXPECTS STRONG UTILIZATION OF ITS NORTH AMERICAN AND ARGENTINEAN FLEETS FOR REMAINDER OF 2022 AND 2023

  • CALFRAC'S CANADIAN DIVISION EXPECTS ROBUST DEMAND FOR ITS SERVICES THROUGHOUT REMAINDER OF 2022 AND INTO 2023

  • HAS MADE PROGRESS RELATED TO SALE OF ITS RUSSIAN SUBSIDIARY AND IS SEEKING TO CLOSE THIS TRANSACTION AS SOON AS POSSIBLE

  • Q2 EARNINGS PER SHARE VIEW C$-0.17, REVENUE VIEW C$309.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: CFWFF


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