Canadian Energy: Might Renew Bond If Market Is Favorable

Canadian Energy: Might Renew Bond If Market Is Favorable

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses Canadian Energy Services' impressive growth, with a 120% increase over the past year. Analysts are optimistic about the company's future, and CEO Tom Simons shares insights on market conditions, financial strategies, and growth prospects. The company has a strong presence in the drilling fluids and production chemicals markets, particularly in West Texas. With a focus on maintaining low fixed costs and leveraging local expertise, Canadian Energy Services is well-positioned for continued success. The industry is showing signs of recovery, and the company is poised to benefit from these positive trends.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage growth did Canadian Energy Services experience over the last 12 months?

100%

120%

200%

150%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected increase in drilling rig counts in Canada according to Industrial Alliance?

85%

78%

58%

50%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the purpose of the $92 million raised by Canadian Energy Services?

To purchase a production chemical company

To refinance existing debt

To increase drilling operations

To expand into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which region does Canadian Energy Services have a significant market share in the drilling fluid market?

East Texas

West Texas

North Dakota

Alberta

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market share of Canadian Energy Services in the production chemicals sector in Canada?

15-17%

10-12%

7-8%

5-6%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the competitive advantages of Canadian Energy Services in the Permian Basin?

Low-cost production

Extensive experience and local acquisitions

High oil prices

Government subsidies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the EBIT DA achieved by Canadian Energy Services in Q3, surpassing the consensus estimate?

$10 million

$17 million

$12 million

$15 million