We'll see 1.21 today!
Why ProFrac Holding (PFHC) Is Buying U.S. Well Services (USWS)
$USWS a leader in clean tech for hydraulic fracturing, possible dip buy after direct offering, strong fundamentals, countless contracts, & new fleet arriving in Q1.
there is a rumor... is related to Ted Cruz & there will be a Republican President in Office and the Wilks Brothers will own
and keeping their Electric Fracking Business alive and well for years to come:
Dawson Geophysical Company is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada.
2) Acquisition of
3) Shareholder position in
Wilks Brothers + Family plan to permanently retire 650,000 hydraulic horsepower ("HHP") of older generation (Tier II diesel) equipment by December 31, 2024, representing approximately 4% of the estimated current installed base of hydraulic fracturing equipment in the market
U.S. Well Services Shares Drop 37% After Direct Offering Prices
Published: March 9, 2022 at 1:51 p.m. ET
By Chris Wack
U.S. Well Services Inc. shares were down 37% to $1.11 after the company said it has entered into definitive agreements with several investors for the purchase and sale of 14.2 million common shares in a registered direct offering.
The company is offering the shares at a purchase price of $1.763 a share for proceeds of $25 million.
U.S. Well Services has also agreed to issue to the investors, in a concurrent private placement, unregistered warrants to buy up to 14.2 million shares.
The closing of the offering is expected to occur on or about Friday.
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All they had to do is say they refused an offer of $25 mil from a private inztitution to purchase stock at $1.75 pps since they believe the drop in price from above $30 5 years ago is due to short selling and the current pps reflects only 1/10th of the company's true market valuation, and the stock would be in tbe $12 range right now forcing shorts to cover in the frenzy, which would have put the company in a better place to negotiate better deals.
That destroyed the current pps. It was a dumb move. Investors showed their dissproval by selling, we were all aiming for $4 pps, at least that is what we all thought it was worth.
$10 run in the works.
Stairway to Heaven > USWS
Out of trade in premarket earlier this morning. Looking at OILD for a quick flip Need more war news and less peace for this to move back above $2 again in my opinion.
Futures Bounce Hard After Russia Offers Conditions To Immediately End Military Operation
Tyler Durden's Photo
BY TYLER DURDEN
MONDAY, MAR 07, 2022 - 07:50 AM
Belarusian state TV has said the Russian delegation has arrived at the location where on Monday at about 14:00GMT/09:00EST the third round of talks with the Ukrainian side are set to begin. So far the ongoing talks have been focused on establishing and maintaining humanitarian corridors for the safe evacuation of civilians still trapped in cities under siege by Russian forces. But these have been erected and collapsed in various locations with limited effectiveness, given Kiev has accused Russia of breaking the temporary ceasefire pauses through the resumption of shelling, something which Russia's military has rejected.
Just ahead of the meeting, the Kremlin issued a list of demands to be accomplished if Ukraine wants the Russian invasion to be halted immediately. These includes, according to the Kremlin spokesman, the recognition of Crimea as part of sovereign Russian territory, as well as Donetsk and Lugansk as independent states.
From our rapid growth as a small regional company to a technology leader in our industry, U.S. Well Services has developed a unique and attractive culture resulting in a desirable work environment. In fact, many employees have come from larger companies as they prefer to work for a company where they can see the impact of their efforts and make a real difference.
It all starts with safety. With strong backing from our CEO and our entire leadership team, the employees of U.S. Well Services understand that all incidents are preventable and that priority one is having all employees go home healthy every day. Furthermore, every employee has been trained to take personal responsibility for their individual safety as well as the safety of their entire crew.
Starting in West Virginia and expanding into Pennsylvania and Ohio, we have developed a strong “family feel" to our Company. Having a diverse mix of employees with a wide variety of experiences from both large and small service companies has significantly strengthened our knowledge and skill base.
Hiring experienced oilfield workers and using them to work side-by-side and train "green hats" has created strong bonds between our crews. Progression "up the ranks" with a strong foundation of training provides new employees with a clear understanding of what they need to do to advance. Our competitive pay and strong benefit plans allow USWS employees to focus on safely performing their work.