businesspress24.com - Canadian Energy Services & Technology Corp. Announces Cash Dividend
 

Canadian Energy Services & Technology Corp. Announces Cash Dividend

ID: 1409066

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 01/14/16 -- Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation") (TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.018 per common share on February 12, 2016, to the shareholders of record at the close of business on January 29, 2016.

About Canadian Energy Services & Technology Corp.

CESTC is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CESTC''s business model requires limited re-investment capital to grow. As a result, CESTC has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow. CESTC returns much of this free cash flow back to shareholders through its monthly dividend. Additional information about CESTC is available at or on the Corporation''s website at .

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE



Contacts:
Tom Simons
President and Chief Executive Officer
Canadian Energy Services & Technology Corp.
403-269-2800

Craig Nieboer, CA
Chief Financial Officer
Canadian Energy Services & Technology Corp.
403-269-2800



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Bereitgestellt von Benutzer: Marketwired
Datum: 14.01.2016 - 15:15 Uhr
Sprache: Deutsch
News-ID 1409066
Anzahl Zeichen: 2133

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CALGARY, ALBERTA


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Equipment


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