CFW

Calfrac Well Services Ltd. 2024 First Quarter Earnings Release, Conference Call and Webcast

Retrieved on: 
Tuesday, April 2, 2024

CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2024 first quarter results before the market opens on Tuesday, May 7, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.

Key Points: 
  • CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2024 first quarter results before the market opens on Tuesday, May 7, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.
  • ET) on the same day.
  • To participate in the conference call please register at the URL link below.
  • Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask questions.

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Retrieved on: 
Tuesday, March 26, 2024

83% of manufacturers expect to use generative AI (GenAI) in their operations in 2024.

Key Points: 
  • 83% of manufacturers expect to use generative AI (GenAI) in their operations in 2024.
  • 95% of manufacturers are using or evaluating smart manufacturing technology – up from 84% in 2023.
  • The survey pulled from a range of industries including Consumer Packaged Goods, Food & Beverage, Automotive, Semiconductor, Energy, Life Sciences, and more.
  • With a balanced distribution of company sizes with revenues spanning $100 million to over $30 billion, it offers a wide breadth of manufacturing business perspectives.

Calfrac Well Services Ltd. 2023 Fourth Quarter Earnings Release, Conference Call and Webcast

Retrieved on: 
Monday, February 26, 2024

CALGARY, Alberta, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2023 fourth quarter results before the market opens on Thursday, March 14, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.

Key Points: 
  • CALGARY, Alberta, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2023 fourth quarter results before the market opens on Thursday, March 14, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.
  • ET) on the same day.
  • To participate in the conference call please register at the URL link below.
  • Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask questions.

Calfrac Announces Continuation of Multi-Year Fracturing Fleet Modernization Plan

Retrieved on: 
Friday, December 22, 2023

The year-over-year increase in the Company’s capital program is primarily due to an acceleration of its fracturing fleet modernization plan in North America as well as approximately $40.0 million to support its Argentinian operations, and to a lesser extent, the implementation of companywide field-based technologies.

Key Points: 
  • The year-over-year increase in the Company’s capital program is primarily due to an acceleration of its fracturing fleet modernization plan in North America as well as approximately $40.0 million to support its Argentinian operations, and to a lesser extent, the implementation of companywide field-based technologies.
  • With the completion of the 2024 capital program, the Company anticipates having approximately seven Tier IV DGB fracturing fleets deployed in North America by the end of the third quarter in 2024.
  • The planned 2024 capital expenditures in Argentina are expected to be fully funded by cash on-hand and locally generated free cash flow.
  • This level of capital investment accelerates Calfrac’s Tier IV DGB fleet modernization program in North America allowing the Company to meet the increasing customer demand for next generation, lower emission dual-fuel equipment and keep pace with the evolving fracturing market.

ETQ and Augmentir Launch the Industry's First Connected Quality Solution - the ETQ Reliance Connected Worker Solution Extends Quality Management to the Factory Floor

Retrieved on: 
Tuesday, October 17, 2023

BURLINGTON, Mass. and HORSHAM, Pa., Oct. 17, 2023 /PRNewswire/ -- ETQ, part of Hexagon, and Augmentir, the world's leading connected worker solution provider, today launched the ETQ Reliance Connected Worker solution to make the connected frontline worker (CFW) on the factory floor a key part of the quality management process. As an initial step in this strategy, ETQ has integrated its ETQ Reliance quality management system (QMS) Quality Events application with Augmentir's connected worker platform. ETQ and Augmentir will now provide customers with a holistic connected worker quality solution for manufacturing environments.

Key Points: 
  • and HORSHAM, Pa., Oct. 17, 2023 /PRNewswire/ -- ETQ, part of Hexagon , and Augmentir, the world's leading connected worker solution provider, today launched the ETQ Reliance Connected Worker solution to make the connected frontline worker (CFW) on the factory floor a key part of the quality management process.
  • As an initial step in this strategy, ETQ has integrated its ETQ Reliance quality management system (QMS) Quality Events application with Augmentir's connected worker platform.
  • ETQ and Augmentir will now provide customers with a holistic connected worker quality solution for manufacturing environments.
  • "ETQ is committed to creating a quality-driven manufacturing ecosystem by extending quality management to the factory floor and the connected worker," said Vick Vaishnavi, CEO, ETQ.

ETQ and Augmentir Launch the Industry's First Connected Quality Solution - the ETQ Reliance Connected Worker Solution Extends Quality Management to the Factory Floor

Retrieved on: 
Tuesday, October 17, 2023

BURLINGTON, Mass. and HORSHAM, Pa., Oct. 17, 2023 /PRNewswire/ -- ETQ, part of Hexagon, and Augmentir, the world's leading connected worker solution provider, today launched the ETQ Reliance Connected Worker solution to make the connected frontline worker (CFW) on the factory floor a key part of the quality management process. As an initial step in this strategy, ETQ has integrated its ETQ Reliance quality management system (QMS) Quality Events application with Augmentir's connected worker platform. ETQ and Augmentir will now provide customers with a holistic connected worker quality solution for manufacturing environments.

Key Points: 
  • and HORSHAM, Pa., Oct. 17, 2023 /PRNewswire/ -- ETQ, part of Hexagon , and Augmentir, the world's leading connected worker solution provider, today launched the ETQ Reliance Connected Worker solution to make the connected frontline worker (CFW) on the factory floor a key part of the quality management process.
  • As an initial step in this strategy, ETQ has integrated its ETQ Reliance quality management system (QMS) Quality Events application with Augmentir's connected worker platform.
  • ETQ and Augmentir will now provide customers with a holistic connected worker quality solution for manufacturing environments.
  • "ETQ is committed to creating a quality-driven manufacturing ecosystem by extending quality management to the factory floor and the connected worker," said Vick Vaishnavi, CEO, ETQ.

DCHFA ends Fiscal Year 2023 with the financing of 179 affordable senior and grandfamily apartments in Ward 1

Retrieved on: 
Wednesday, October 4, 2023

The new Ward 1 community will consist of 179 units reserved for seniors and grandfamilies.

Key Points: 
  • The new Ward 1 community will consist of 179 units reserved for seniors and grandfamilies.
  • “DCHFA is proud to add another grandfamily development to the agency’s robust investment portfolio.
  • We are continuing to address the need for senior housing and housing with supportive services for grandparents raising their grandchildren,” stated Christopher E. Donald, Executive Director/CEO, DCHFA.
  • On September 7, 2023, DCHFA issued $25.9 million in tax exempt bonds for the construction of H.R.

Calfrac Well Services Ltd. 2023 Third Quarter Earnings Release, Conference Call and Webcast

Retrieved on: 
Wednesday, October 4, 2023

CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2023 third quarter results before the market opens on Wednesday November 8, 2023, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.

Key Points: 
  • CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2023 third quarter results before the market opens on Wednesday November 8, 2023, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M.
  • ET) on the same day.
  • To participate in the conference call please register at the URL link below.
  • Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask questions.

Calfrac Announces Extension and Amendment of Credit Facilities

Retrieved on: 
Friday, September 29, 2023

CALGARY, Alberta, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or “the Company”) (TSX-CFW) is pleased to announce that it has entered into an agreement with a syndicate of Canadian financial institutions which amends and extends its credit facilities (the “Credit Facilities”).

Key Points: 
  • CALGARY, Alberta, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or “the Company”) (TSX-CFW) is pleased to announce that it has entered into an agreement with a syndicate of Canadian financial institutions which amends and extends its credit facilities (the “Credit Facilities”).
  • As at June 30, 2023 the Interest Coverage Ratio and Total Debt to EBITDA ratio from continuing operations would have been 7.93:1.00 and 1.04:1.00, respectively.
  • Calfrac’s Chief Financial Officer, Mike Olinek, commented: “We are pleased to report an extension of the Company’s Credit Facilities with a newly configured lending syndicate consisting of four major financial institutions.
  • Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells with continuing operations focused throughout western Canada, the United States and Argentina.

LNS Research Names Innovapptive as a Proven Provider in their Solution Selection MatrixTM for Connected Frontline Workforce Applications

Retrieved on: 
Tuesday, September 12, 2023

HOUSTON, Sept. 12, 2023 /PRNewswire/ -- LNS Research, a leading research and advisory firm focused on empowering industrial organizations, has named Innovapptive a Proven Provider within the Connected Frontline Workforce (CFW) Applications space in its latest Solution Selection MatrixTM guide.

Key Points: 
  • HOUSTON, Sept. 12, 2023 /PRNewswire/ -- LNS Research, a leading research and advisory firm focused on empowering industrial organizations, has named Innovapptive a Proven Provider within the Connected Frontline Workforce (CFW) Applications space in its latest Solution Selection MatrixTM guide.
  • Download your complimentary copy of LNS Research's SSM Vendor Profile of our Connected Frontline Workforce Solutions to learn why we are deemed a Proven Provider in this important space.
  • According to LNS Research, "Innovapptive offers customers a total solution of software, services, and support geared toward companies running SAP applications.
  • LNS Research and the Solution Selection Matrix are trademarks of LNS Research.