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STEP Energy Services Ltd (STEP.TO)

STEP.TO on Toronto Stock Exchange

9.31CAD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Step Energy Services reports ‍Q3 EPS $0.46​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Step Energy Services Ltd :Step Energy Services Ltd. reports record third quarter 2017 financial and operating results.Step Energy Services Ltd qtrly ‍consolidated revenue of $175.5 million compared to $58.2 million​.Step Energy Services Ltd qtrly ‍SHR $0.46​.Step Energy Services Ltd - ‍step has expanded its 2017 capital program by $15 million, bringing revised capital program to $115 million​.Step Energy Services Ltd - ‍"bookings into 2018 are supportive of an active Q1 and we have visibility to activity extending into Q2 of 2018"​.Step Energy Services Ltd - ‍board has approved a 2018 capital program of $109 million​.Step Energy Services Ltd - "‍continued increases in fracturing intensity have potential to extend undersupplied conditions through 2018"​.Q3 earnings per share view C$0.29, revenue view C$162.4 million -- Thomson Reuters I/B/E/S.  Full Article

Step Energy Services reports Q2 earnings of $0.04/shr
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Step Energy Services Ltd :Step Energy Services Ltd. reports second quarter 2017 financial and operating results.Step Energy Services Ltd qtrly earnings per share $0.04.Q2 revenue C$105.4 million versus C$19.2 million.Step Energy Services Ltd- upon completion of 2017 capital program of $100 million step expects to have an operating fleet of 21 coiled tubing spreads.Step Energy Services - upon completion of 2017 capital program step expects to have eight fracturing spreads representing about 225,000 horsepower.Activity levels are expected to remain robust for second half of 2017.  Full Article

BRIEF-STEP Energy Services Announces Acquisition Of U.S. Fracturing

* STEP ENERGY SERVICES LTD. ANNOUNCES ACQUISITION OF U.S. FRACTURING AND COMPLETION SOLUTIONS COMPANY AND $50 MILLION IN EQUITY FINANCING