|Bid||1.32 x 0|
|Ask||1.36 x 0|
|Day's Range||1.3600 - 1.3600|
|52 Week Range||1.2900 - 1.7500|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||80.00|
|Earnings Date||Aug 7, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.58|
CALGARY , Dec. 6, 2018 /CNW/ - Strad Energy Services Ltd. ("Strad" or the "Company") (SDY.TO) today announced an additional $18.5 million of capital is being allocated to its Industrial Matting division to support its continued growth. Strad expects to deploy $6.5 million of this new capital in 2018 and combined with previous allocations, this brings the Company's total 2018 capital program for the year to $35 million . As well, Strad's board has approved an initial 2019 capital expenditure program of $12 million .
CALGARY , Dec. 5, 2018 /CNW/ - Strad Energy Services Ltd. ("Strad" or the "Company") (SDY.TO) is pleased to announce that Mr. Mick McNulty has been appointed to Chairman of the Board of Directors replacing the retiring Mr. Rob Grandfield . Mr. Grandfield was one of the founders of Strad in 2003 and served on Strad's Board of Directors for the past 15 years. "The Board of Directors would like to thank Rob for his dedication to the Company and for his leadership during some of the most challenging periods seen in the oil patch," said Andy Pernal , CEO and President of Strad.
Strad Energy Services Ltd. (“Strad” or the “Company”) (SDY.TO) today announced that the Toronto Stock Exchange ("TSX") has accepted Strad's notice of intention to commence a normal course issuer bid (the "NCIB"). Under the NCIB, Strad may purchase for cancellation, from time to time, as Strad considers advisable, up to a maximum of 4,067,205 class A shares of the Company ("Common Shares"), which represents 10% of the public float of the 57,244,420 issued and outstanding Common Shares as at November 15, 2018. Purchases of Common Shares may be made on the open market through the facilities of the TSX and through other alternative Canadian trading platforms at the prevailing market price at the time of such transaction. The actual number of Common Shares that may be purchased for cancellation and the timing of any such purchases will be determined by Strad, subject to a maximum daily purchase limitation of 7,213 Common Shares which equates to 25% of Strad's average daily trading volume of 28,852 for the six months ended October 31, 2018.
In 2012 Andy Pernal was appointed CEO of Strad Energy Services Ltd (TSE:SDY). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then Read More...
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ("U.S.") The news release contains “forward-looking information and statements” within.
CALGARY, Alberta, Oct. 29, 2018 -- Strad Energy Services Ltd. (“Strad” or the “Company”) (TSX:SDY) will release its 2018 third quarter financial results on Thursday, November.
Strad Energy Services Ltd. (“Strad” or the “Company”) (SDY.TO) today announced an additional $15.5 million of capital is being allocated to its Industrial Matting division to support its continued growth.
Strad Energy Services Ltd. (“Strad” or the “Company”) (SDY.TO) today announces it will segment its operations into two new divisions in order to provide increased focus on the significant growth opportunity that exists in its Industrial Matting division. It has now become the dominant driver of our business, currently representing 48% of revenues and 70% of EBITDA over the past 18 months and close to 100% of our growth capital,” said Andy Pernal, President and Chief Executive Officer of Strad.
In this analysis, my focus will be on developing a perspective on Strad Energy Services Ltd’s (TSE:SDY) latest ownership structure, a less discussed, but important factor. Ownership structure of aRead More...
When Strad Energy Services Ltd (TSX:SDY) announced its most recent earnings (31 December 2017), I did two things: looked at its past earnings track record, then look at what isRead More...
While small-cap stocks, such as Strad Energy Services Ltd (TSX:SDY) with its market cap of CA$91.63M, are popular for their explosive growth, investors should also be aware of their balanceRead More...