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Calfrac Reports Strong Q3 Performance in Argentina

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Calfrac Reports Strong Q3 Performance in Argentina

Calfrac Well Services (TSE:CFW) has released an update.

Calfrac Well Services reported a strong financial performance in Argentina for the third quarter of 2024, achieving record profits due to successful operations in the Vaca Muerta shale play and offshore projects. Despite challenges in North America, the company’s Argentinean efforts boosted overall revenue to $430.1 million, showcasing Calfrac’s resilient strategy in navigating market conditions.

For further insights into TSE:CFW stock, check out TipRanks’ Stock Analysis page.

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