Oil & Gas 360 – CALGARY, Alberta, March 14, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac” or the “Company”) (TSX:CFW) announces that Pat Powell has resigned as Chief Executive Officer and a director of Calfrac effective immediately. The Board would like to thank Pat for his many contributions to the Company over the last three years and wish him
Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. Calfrac is a leading independent provider of specialized oilfield services that operates in North America and Argentina. The Company provides hydraulic fracturing, coiled tubing, cementing and other well stimulation services that
CALGARY, March 27, 2020 /CNW/ – Calfrac Well Services Ltd. (“Calfrac” or the “Company”) (TSX-CFW) is announcing reductions to its 2020 capital program and North American operating footprint as a result of the rapid and unforeseen deterioration in business conditions resulting from the COVID-19 global pandemic and the oil price war among OPEC+ members. These global events have caused a significant decline in oil
By Bevo Beaven, Editor, Oil & Gas 360 Calfrac Well Services Ltd. (stock ticker: CFW) announced a number of executive changes: President and CEO Fernando Aguilar announced his retirement; Calfrac COO Lindsay Link has been promoted to president and chief operating officer and was placed on Calfrac’s board of directors; Board Chairman Ronald P. Mathison, one of Calfrac’s founders, was named
Calgary-based Calfrac Well Services Ltd. (stock ticker: CFW) provided details today on its 2019 capital program: Approximately $149 million will be spent, including $126 million of maintenance capital $11 million of refurbishment capital and $12 million related to corporate initiatives Approximately $10 million that is remaining from Calfrac’s 2018 capital program is expected to be spent in 2019 Fernando Aguilar, Calfrac’s president and CEO, said that more than 80% of the
Calfrac Well Services Ltd. (TSX-CFW) has announced record 2Q revenue and operating income results today, showing $544.6 million and $66.5 million, respectively. 2Q Highlights Revenue: $544 million (67% YOY increase) Operating Income: $66 million (81% YOY increase) 560,000 tons of sand pumped in the US (56% YOY increase) 227,000 tons of sand pumped in Canada (6% YOY increase) Calfrac’s Canadian
