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What's Going On With Calfrac Well Services Ltd. Stock Wednesday?

By Wealth Awesome -

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Stocks & ETFs:CFW.TO

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Calfrac Well Services Ltd. has seen a steady increase in stock price this week, reflecting a positive sentiment in the energy sector.

Calfrac Well Services Ltd. (CFW.TO) has experienced a modest rise in stock price this week, with a notable 2.28% increase in just one day. As the company continues to navigate the energy market, investors are keenly observing its movements and potential catalysts for growth.

Investor takeaway: With a year-to-date gain of 72.77%, Calfrac is positioned favorably within the energy sector, despite recent fluctuations in revenue. Investors should monitor its performance closely, especially in light of ongoing operational developments and market conditions.

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Calfrac Well Services Ltd.

CFW.TO

Full stock page →

CFW.TO

Calfrac Well Services Ltd.

Source:WealthAwesomeWealthAwesome
↑ $1.05 (18.29%)
120 day period
$5.18$6.23$7.29Apr 15Jul 10Oct 5

Market cap

$685.40M

P/E

9.7x

52W high

$7.35

52W low

$3.02

1W change

+0.44%

Beta

0.59

Analyst Price Targets

Based on analyst covering CFW · as of Sep 24, 2026

📈

Wall Street analysts forecast CFW stock price to rise 38.1% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$9.38

+38.1% Upside

Previously C$18.34 on Sep 23, 2026

Current Price

C$6.79

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CFW's historical volatility

HistoricalForecast68%95%
C$5.78C$6.82C$7.85C$8.89C$9.93C$10.97TodayMay 28Jul 31Oct 5Nov 17Dec 31Feb 12

30-Day Vol

22.7%

Annualized

90-Day Vol

42.1%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$8.12

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$7.21C$6.66 – C$7.79
60 trading daysC$7.65C$6.85 – C$8.54
90 trading daysC$8.12C$7.09 – C$9.30

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Calfrac Well Services Ltd. Sees 72.77% YTD Gain

With a current stock price of C$7.17, Calfrac's performance has significantly outpaced many of its peers in the energy sector this year.

Bull case

Calfrac's strong year-to-date performance, along with strategic initiatives like the normal course issuer bid, suggests it has potential for continued growth. Analysts are optimistic, which adds to the positive sentiment surrounding Calfrac's stock.

Bear case

However, despite the recent price increase, the decrease in revenue reported for the first quarter raises concerns about the company's operational efficiency and market demand. Investors should weigh these risks against the overall bullish sentiment.

Recent Price Action

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Calfrac Well Services Ltd. has recorded a 1-day increase of 2.28%, bringing its stock price to C$7.17. Over the past week, the stock has risen by 2.14% and has shown a strong performance with a year-to-date increase of 72.77%. This upward trend reflects a growing confidence in the company's operations within the energy sector.

Company News and Catalysts

While there has been no major news this week, recent headlines indicate that Calfrac has been proactive in managing its capital structure. The approval of a normal course issuer bid allows the company to repurchase up to 5,023,580 common shares for cancellation. This move may signal management's confidence in the company's future prospects, potentially enhancing shareholder value.

Technical Picture

Calfrac's technical indicators show a robust position. The stock is currently trading well above its 50-day moving average of C$6.57, indicating a 9.1% premium. Furthermore, the 200-day moving average stands at C$5.57, reflecting a 28.6% premium as well. The stock has a 52-week range of C$3.02 to C$7.35, with the current price at 96% of this range. The beta of 0.51 suggests lower volatility compared to the broader market, making it a relatively stable investment option.

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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 9, 2026
Last Updated: September 9, 2026

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