Company Cathedral Energy Services Ltd.

Equities

CET

CA14916J1021

Oil & Gas Drilling

Market Closed - Toronto S.E. 03:59:47 2024-04-24 pm EDT 5-day change 1st Jan Change
0.89 CAD +1.14% Intraday chart for Cathedral Energy Services Ltd. +4.71% +27.14%

Business Summary

Cathedral Energy Services Ltd. is a Canada-based company, which operates in the United States (U.S.) under Discovery Downhole Services, a division of Cathedral Energy Services Inc., Altitude Energy Partners, LLC and Rime Downhole Technologies, LLC. The Company is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in Western Canada and the U.S. Its services include directional drilling, drilling optimization, well planning and automated gamma services (AGS) and remote drilling. Its products include nDURANCE MOTORS, Measurement While Drilling (MWD), FUSION and RapidFire. Its MWD sensors collect data used to determine basic trajectory parameters, such as inclination, direction, and tool-face orientation. Its FUSION family OF MWD tools include FUSION Dual Telemetry (DT), FUSION WPR (Wave Propagation Resistivity), FUSION Gamma Ray (GR) and The Hawk. Its RapidFire family of MWD tools include RapidFire Pulse and RapidFire DT.

Number of employees: 118

Sales per Business

CAD in Million2022Weight2023Weight Delta
Directional Drilling Services
100.0 %
298 100.0 % 545 100.0 % +82.74%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
70.4 %
181 60.6 % 384 70.4 % +112.43%
Canada
29.6 %
118 39.4 % 161 29.6 % +37.14%

Managers

Managers TitleAgeSince
Chief Executive Officer - 19-12-31
Chief Executive Officer - 01-03-31
Chief Operating Officer - 21-08-31
Comptroller/Controller/Auditor - 07-12-31
Corporate Officer/Principal - 23-04-30
Sales & Marketing - 05-05-08

Members of the board

Members of the board TitleAgeSince
Chairman 60 00-10-29
Director/Board Member - 03-04-06
Director/Board Member 66 09-12-17
Director/Board Member 69 15-10-05
Chief Executive Officer - 19-12-31
Director/Board Member - 21-07-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 239,733,989 187,949,632 ( 78.40 %) 0 78.40 %

Shareholders

NameEquities%Valuation
Wilks Brothers LLC
11.91 %
29,214,734 11.91 % 20 M $
13,400,000 5.465 % 9 M $
11,769,494 4.800 % 8 M $
Lee Harns
4.569 %
11,203,431 4.569 % 8 M $
8,263,494 3.370 % 6 M $
7,339,135 2.993 % 5 M $
6,480,828 2.643 % 5 M $
6,357,528 2.593 % 4 M $
Franklin Bissett Investment Management
1.750 %
4,289,995 1.750 % 3 M $
2,543,000 1.037 % 2 M $

Company contact information

Cathedral Energy Services Ltd.

3rd Street SE Suite 6030

T2H 1K2, Calgary

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http://www.cathedralenergyservices.com
address Cathedral Energy Services Ltd.(CET)
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