Calfrac Well Services Future Growth

Future criteria checks 0/6

Calfrac Well Services's revenue is forecast to decline at 2.9% per annum. EPS is expected to decline by 46.2% per annum.

Key information

n/a

Earnings growth rate

-46.2%

EPS growth rate

Energy Services earnings growth	0.7%
Revenue growth rate	-2.9%
Future return on equity	16.0%
Analyst coverage	Low
Last updated	17 Apr 2024

Recent future growth updates

Recent updates

Here's Why We Think Calfrac Well Services (TSE:CFW) Is Well Worth Watching

May 01

$Here's Why We Think Calfrac Well Services (TSE:CFW) Is Well Worth Watching$

Calfrac Well Services (TSE:CFW) Seems To Use Debt Quite Sensibly

Mar 15

$Calfrac Well Services (TSE:CFW) Seems To Use Debt Quite Sensibly$

Investors Holding Back On Calfrac Well Services Ltd. (TSE:CFW)

Jan 25

$Investors Holding Back On Calfrac Well Services Ltd. (TSE:CFW)$

Returns On Capital Are A Standout For Calfrac Well Services (TSE:CFW)

Nov 11

$Returns On Capital Are A Standout For Calfrac Well Services (TSE:CFW)$

Is Calfrac Well Services Ltd. (TSE:CFW) Trading At A 42% Discount?

Aug 17

$Is Calfrac Well Services Ltd. (TSE:CFW) Trading At A 42% Discount?$

Does Calfrac Well Services (TSE:CFW) Have A Healthy Balance Sheet?

May 11

$Does Calfrac Well Services (TSE:CFW) Have A Healthy Balance Sheet?$

Why Calfrac Well Services' (TSE:CFW) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 09

$Why Calfrac Well Services' (TSE:CFW) Shaky Earnings Are Just The Beginning Of Its Problems$

Earnings and Revenue Growth Forecasts

TSX:CFW - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,764	N/A	59	261	3
12/31/2024	1,568	N/A	49	216	3
12/31/2023	1,864	198	113	282	N/A
9/30/2023	1,891	199	67	229	N/A
6/30/2023	1,846	147	11	142	N/A
3/31/2023	1,698	90	34	133	N/A
12/31/2022	1,499	35	28	108	N/A
9/30/2022	1,281	-9	-20	42	N/A
6/30/2022	1,106	-61	-54	11	N/A
3/31/2022	961	-90	-48	20	N/A
12/31/2021	880	-95	-79	-15	N/A
9/30/2021	831	60	-88	-34	N/A
6/30/2021	696	17	-82	-47	N/A
3/31/2021	614	-224	21	51	N/A
12/31/2020	705	-324	-22	25	N/A
9/30/2020	842	-500	-24	55	N/A
6/30/2020	1,113	-479	27	141	N/A
3/31/2020	1,451	-243	-125	13	N/A
12/31/2019	1,621	-156	-15	132	N/A
9/30/2019	1,803	-110	107	249	N/A
6/30/2019	2,034	-66	90	231	N/A
3/31/2019	2,149	-58	122	266	N/A
12/31/2018	2,256	-18	28	185	N/A
9/30/2018	2,243	23	-61	97	N/A
6/30/2018	2,061	16	-72	69	N/A
3/31/2018	1,842	29	-114	11	N/A
12/31/2017	1,528	6	-100	-14	N/A
9/30/2017	1,235	-94	N/A	-99	N/A
6/30/2017	962	-142	N/A	-134	N/A
3/31/2017	787	-164	N/A	-115	N/A
12/31/2016	735	-198	N/A	-80	N/A
9/30/2016	828	-278	N/A	-10	N/A
6/30/2016	942	-261	N/A	50	N/A
3/31/2016	1,111	-263	N/A	133	N/A
12/31/2015	1,495	-222	N/A	121	N/A
9/30/2015	1,958	-54	N/A	148	N/A
6/30/2015	2,366	15	N/A	213	N/A
3/31/2015	2,550	45	N/A	173	N/A
12/31/2014	2,497	67	N/A	202	N/A
9/30/2014	2,211	52	N/A	133	N/A
6/30/2014	1,902	14	N/A	134	N/A
3/31/2014	1,688	12	N/A	110	N/A
12/31/2013	1,564	28	N/A	132	N/A
9/30/2013	1,468	27	N/A	165	N/A
6/30/2013	1,497	48	N/A	67	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CFW's forecast earnings growth is above the savings rate (2.1%).

Earnings vs Market: Insufficient data to determine if CFW's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if CFW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CFW's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: CFW's revenue is forecast to decline over the next 3 years (-2.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CFW's Return on Equity is forecast to be low in 3 years time (16%).

Calfrac Well Services Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 25% to CA$5.50

Consensus EPS estimates increase by 32%

Price target decreased by 9.2% to CA$7.38

Price target decreased by 7.7% to CA$8.13

Price target decreased by 7.2% to CA$9.00

Consensus EPS estimates increase by 15%

Recent updates

Here's Why We Think Calfrac Well Services (TSE:CFW) Is Well Worth Watching

Calfrac Well Services Ltd. to Report Q1, 2024 Results on May 07, 2024

Price target decreased by 25% to CA$5.50

Calfrac Well Services (TSE:CFW) Seems To Use Debt Quite Sensibly

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Calfrac Well Services Ltd. to Report Q4, 2023 Results on Mar 14, 2024

Calfrac Well Services Ltd., Annual General Meeting, May 07, 2024

Investor sentiment improves as stock rises 17%

Investors Holding Back On Calfrac Well Services Ltd. (TSE:CFW)

Co-Founder & Chairman exercised options to buy CA$865k worth of stock.

Co-Founder & Chairman exercised options to buy CA$3.4m worth of stock.

Consensus EPS estimates increase by 32%

Returns On Capital Are A Standout For Calfrac Well Services (TSE:CFW)

New minor risk - Earnings quality

Calfrac Well Services Ltd. to Report Q3, 2023 Results on Nov 08, 2023

Is Calfrac Well Services Ltd. (TSE:CFW) Trading At A 42% Discount?

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 23%

Price target decreased by 9.2% to CA$7.38

Calfrac Well Services Ltd. to Report Q2, 2023 Results on Aug 10, 2023

Independent Director recently bought CA$173k worth of stock

Price target decreased by 7.7% to CA$8.13

Co-Founder & Independent Vice Chairman recently bought CA$53k worth of stock

Does Calfrac Well Services (TSE:CFW) Have A Healthy Balance Sheet?

Calfrac Well Services Ltd. Approves the Election of Holly A. Benson as Director

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Co-Founder & Independent Vice Chairman recently bought CA$115k worth of stock

Price target decreased by 7.2% to CA$9.00

Co-Founder & Independent Vice Chairman recently bought CA$245k worth of stock

Independent Director recently bought CA$397k worth of stock

Full year 2022 earnings released: EPS: CA$0.83 (vs CA$2.52 loss in FY 2021)

Independent Director recently bought CA$316k worth of stock

Calfrac Well Services Ltd. to Report Q4, 2022 Results on Mar 16, 2023

Independent Director recently bought CA$55k worth of stock

Independent Director recently bought CA$193k worth of stock

Independent Director recently bought CA$79k worth of stock

Independent Director recently bought CA$294k worth of stock

Co-Founder & Chairman exercised options to buy CA$52m worth of stock.

Consensus EPS estimates increase by 15%

Price target increased to CA$10.67

High number of new directors

Why Calfrac Well Services' (TSE:CFW) Shaky Earnings Are Just The Beginning Of Its Problems

Third quarter 2022 earnings released: EPS: CA$1.15 (vs CA$0.041 loss in 3Q 2021)

Calfrac Well Services Ltd. Announces Resignation of Lindsay Link as President, Chief Operating Officer and Director, Effective from January 4, 2023

Calfrac Well Services Ltd. to Report Q3, 2022 Results on Nov 02, 2022

Independent Director recently bought CA$909k worth of stock

Forecast breakeven date moved forward to 2022

Calfrac Well Services Ltd. Provides Revenue Guidance for the Third Quarter of 2022

Price target increased to CA$7.17

Independent Director recently bought CA$70k worth of stock

Price target increased to CA$6.58

Calfrac Well Services Ltd. Announces Impairment of Property, Plant and Equipment for the Second Quarter Ended June 30, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Calfrac Well Services Ltd. to Report Q2, 2022 Results on Jul 28, 2022

Independent Director recently bought CA$93k worth of stock

Calfrac Well Services Ltd. Appoints Pat Powell as Chief Executive Officer

Independent Director recently bought CA$119k worth of stock

High number of new directors

Calfrac Well Services Ltd. Elects Charles Pellerin, Pat Powell and Chetan R. Mehta as Directors

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Calfrac Well Services Ltd. to Report Q1, 2022 Results on May 03, 2022

Calfrac Well Services Ltd. to Report Q1, 2022 Results on May 03, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Price target decreased to CA$5.63

Calfrac Well Services Ltd., Annual General Meeting, May 03, 2022

Calfrac Well Services Ltd. to Report Q4, 2021 Results on Mar 16, 2022

Investor sentiment deteriorated over the past week