Good article. Do you have any thoughts on peer Act Energy formerly Cathedral? They kinda went dead cold after a string of acquisitions and insider buys. Some interesting buying trends there with a large hedge fund which also recently took a position in STEP. Seems like something is up. Not sure if it good or bad.
I follow STEP closer than ACX. Not sure what to make of the fund buying other than they must see something. I need to catch myself up on ACX. I wasn't interested at over $6.50 but here it looks cheap.
The entire service sector seems to be quite out of favor. I noticed TD downgraded PD and ESI this morning due to the tariffs. It almost feels like you could pick any of them that have a reasonable balance sheet and capital discipline with operations and just wait 12-18 months from here.
Good article. Do you have any thoughts on peer Act Energy formerly Cathedral? They kinda went dead cold after a string of acquisitions and insider buys. Some interesting buying trends there with a large hedge fund which also recently took a position in STEP. Seems like something is up. Not sure if it good or bad.
I follow STEP closer than ACX. Not sure what to make of the fund buying other than they must see something. I need to catch myself up on ACX. I wasn't interested at over $6.50 but here it looks cheap.
The entire service sector seems to be quite out of favor. I noticed TD downgraded PD and ESI this morning due to the tariffs. It almost feels like you could pick any of them that have a reasonable balance sheet and capital discipline with operations and just wait 12-18 months from here.