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Calfrac Well Services Ltd. Message Board

  • tommccauley31 tommccauley31 Mar 5, 2013 9:08 AM Flag

    Demand destruction in oil services:

    Earnings reports from Calfrac, and Trican have been
    disappointing. The companies are under pressure to
    improve efficency, and lower margins in the face of
    overcapicity. Competition is fierce, because of demand
    destruction. Too many players chasing the same carrot.
    I predict we will see increased M&A in the sector.

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