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Savanna Energy Services Corp T.SVY

Sector: Energy | Sub-Sector: Oil & Gas Drilling

Savanna Energy Services Corp is a drilling, well servicing and oilfield rentals company with operations in Canada, the United States and Australia. It provides a variety of services in the oil and natural gas industry.
Price: $1.71 | Change: $-0.03 | %Change: -1.72%
Volume: 1.3m | Day High/Low: 1.78/1.70 | 52 Week High/Low: 8.94/1.51
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0 stars

have a look at recent TCW movement / news compared to SVY

interesting comparisons: dividend cuts, staffing changes, idling equipment, impact of foreign projects, outstanding loans etc. SVY looks to be navigating these waters far better than TCW in my eye  rate and reply
0 stars

RE:Savanna settles management team

It's about time they roasted the cockroaches.  Too little too late i'm afraid and they really screwed this company.  Way to many better opportunities in the oil sector with strong balance sheets. more
0 stars

RE:results better than expected?

They weren't worse than expected - that's for sure.   Bad news had already been priced in prior IMO.  Not a lot of rosy forward looking statements but pretty realistic.  >600K traffic in the green more
0 stars

results better than expected?  rate and reply
5 stars

RE:Savanna settles management team

Wonder what Christopher Strong's Mandate is ? Its clear what he has experience in... Profile: Christopher Strong has served as a director of Savanna since October, more
0 stars

Savanna settles management team

CALGARY, ALBERTA--(Marketwired - April 30, 2015) - The Board of Directors of Savanna Energy Services Corp. (TSX: SVY) ("Savanna") has determined to make the following changes to Savanna's more
0 stars

Debt Restructuring

Great to see the bank debt getting restructured. This stock has lagged significantly over insolvency concerns. As ridiculous as that was, it is now a non-issue. The stock is trading below consensus more
0 stars

High of 2.45-2.46 I'm not the only one!

Was looking at this stock Wednesday when I let go of my TCW and was thinking this stock is behind the other stocks when you put/compare to the other oil and gas companies. This stock should be more
0 stars


Eom  rate and reply
0 stars

Great Investment in Savanna!

Love this chart. Its behind the 90day rolling average unlike all the other energy service companies that have just or have long flew through it.  That with the potential 12c to 36c a year more
0 stars

Irwin liquidated his entire SVY position

EOM  rate and reply
0 stars

Circuit Breaker

Does anyone have information on who triggered the single-stock circuit breaker this afternoon. Someone seems to have wanted SVY real bad! Thanks and regards  rate and reply
3 stars

Myth, Lies and Truth about OIL

Seeking Alpha: Myth, Lies, and Truth about OIL  rate and reply
0 stars

RE:RE:Market has spoken - ho hum

The covenant issue is real, but is also a red herring.  At the end of the day, the activity levels that will spur a breach will also likely put companies like TCW, CFW, TDG and others in more
0 stars

RE:Market has spoken - ho hum

The problem with SVY is their debt covenants. If the break one of their covenants, they could be in trouble. Cutting the dividend will save them $8 million. Not much in the grand scheme of things.  rate and reply
0 stars

Market has spoken - ho hum

well this was almost a non-event.  300K average volume (last 10 days).  253K average volume (last month).  Company eliminates dividend altogether and only ~ 200K shares are traded today?? more
0 stars

RE:RE:Move today

was expected - no grave mutiny.  Reactionary volume reasonable  rate and reply
0 stars

RE:Move today

Today SVY announces that the Dividend is suspended and other Op and CapEx are being reined in. How quickly the word gets out among friends! Maybe it was Aussie time!  rate and reply
0 stars

Move today

Good move today (from low base admittedly). Market seems to be getting comfortable that SVY is going to stay solvent, and is very badly undervalued at this point. Nothing in the hopper that more
0 stars

RE:$1.51 punch

Dont think it would be Mullen.  Quick look at SEDI shows he has no options at this level.  He won't be getting any value out of his options as far as I can tell.  I will bet Board will load itself more