Calfrac Well Services CFW.TO · CAD

Its shares trade on Toronto Stock Exchange under the ticker CFW.TO. It has been listed since 11 November 1994. In the fiscal year to 31 December 2025, it reported revenue of C$1.39bn and net income of C$30.3m. At that date it held total assets of C$1.05bn and shareholders' equity of C$664.3m.

Calfrac Well Services Ltd. engages in the provision of specialized oilfield services. The company is headquartered in Calgary, Alberta. The firm operates through four geographical segments: Canada, the United States, Russia and Latin America. Its services include hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Canadian segment provides fracturing and coiled tubing services to oil and natural gas exploration and production companies in Alberta, northeast British Columbia, Saskatchewan and southwest Manitoba. The United States segment provides pressure pumping services in Arkansas, Colorado, North Dakota, Pennsylvania and Texas. The Russian segment provides fracturing and coiled tubing services in Western Siberia. The Latin America segment provides pressure pumping services from operating bases in Argentina, Mexico and Colombia. In Argentina, the Company provides fracturing, cementing and coiled tubing services to oil and natural gas companies operating in the Neuquen, Las Heras and Comodoro regions.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Ronald MathisonIndependent Chairman of the BoardC$147,950
• Mr. Douglas RamsayIndependent Vice Chairman of the Board, since 1999C$224,500
• Mr. Michael OlinekChief Financial OfficerC$485,718
• Mr. Marco ArangurenPresident, United States OperationsC$924,185
• Mr. Gordon MilgatePresident - Canadian OperationsC$497,841
• Mr. Jeffrey EllisGeneral Counsel, Corporate Secretary
• Mr. Adrian MartinezDirector General, Argentina DivisionC$631,252
• Mr. Charles PellerinLead Independent DirectorC$167,500
• Mr. George ArmoyanIndependent Director, since 2020C$137,500
• Mrs. Holly BensonIndependent DirectorC$144,500
• Mr. Anuroop DuggalIndependent DirectorC$162,500
• Mr. Chetan MehtaIndependent DirectorC$149,000

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