Calfrac

Calgary, Canada Founded: 1999 • Age: 27 yrs
Provider of hydraulic fracturing, coiled tubing, and cementing services
Annual revenue $1.1B Latest available
Total funding - 4 rounds
Employees 2200 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Calfrac

Calfrac is a company based in Calgary (Canada) founded in 1999. The company has 2,200 employees as of December 31, 2024. Calfrac has completed 1 acquisition, including Mission Well Services.

  • Headquarter Calgary, Canada
  • Employees 2200 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Calfrac Well Services Ltd.
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.09 B (USD)
    -15.92
    as on Dec 31, 2024
  • Net Profit
    $7.21 M (USD)
    -94.56
    as on Dec 31, 2024
  • EBITDA
    $133.56 M (USD)
    -40.01
    as on Dec 31, 2024
  • Latest Funding Round
    $26.08 M (USD), Post-IPO

    Dec 18, 2020

  • Investors
    Clarke Inc

    & 1 more

  • Employee Count
    2200

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Calfrac

Calfrac is a publicly listed company on the TSX with ticker symbol CFW in Canada, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: CFW · Sector: Industrial services · Canada

People of Calfrac

Headcount 1000-5000
Employee Profiles 107
Board Members and Advisors 6
Employee Profiles
People
Mulner Brent
Logistics Manager
People
Ricardo Anibal Tapia
Warehouse Manager
People
Daniel Barros
Supervisor De Mantenimiento Electrónico
People
Kevin Niddrie
Director, Taxation

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Board Members and Advisors
people
Chetan Mehta
Board Member

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Funding Insights of Calfrac

Investors in Calfrac

Calfrac has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Clarke Inc and AIMCo.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed across multiple sectors.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for Calfrac

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Calfrac

Calfrac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mission Well Services.

Investments
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Investment portfolio details for Calfrac

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Hydraulic fracturing and coiled tubing services
Locked Locked 2010 Locked
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Complete acquisition details for Calfrac

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Calfrac

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Detailed financials for Calfrac

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Calfrac Comparisons

Calfrac Primary company
Description
Provider of hydraulic fracturing, coiled tubing, and cementi...
Location
Calgary, Canada
Founded Year
1999
Annual Revenue
$1.09 B (USD)
Net Profit
$7.21 M (USD)
EBITDA
$133.56 M (USD)
Employees
2,200
As of 2024
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Peer comparison for Calfrac

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  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of Calfrac

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Detailed competitors of Calfrac

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Calfrac

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Complete news archive for Calfrac

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Calfrac

Calfrac was founded in 1999 and raised its 1st funding round 17 years after it was founded.

Calfrac is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

As of Dec 31, 2024, the latest employee count at Calfrac is 2,200.

Annual revenue of Calfrac is $1.09B as on Dec 31, 2024.

Calfrac was founded in 1999 and is headquartered in Calgary, Canada. Operations focus on the energy sector, where well stimulation services are delivered to enhance crude oil and natural gas production. Hydraulic fracturing, coiled tubing, and cementing are offered as core services for well completion and production enhancement. These activities support clients across various oil and gas regions through specialized equipment and techniques.

Yes, Calfrac is publicly traded on TSX under the ticker symbol CFW.

Calfrac has made 1 acquisition, including Mission Well Services.

Calfrac has 2 investors. Key investors include Clarke Inc, and AIMCo.

The ticker symbol of Calfrac is CFW on TSX.

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