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ClearStream Energy Services Inc. (T:CSM)

Business Focus: Oil Related Services and Equipment

Nov 05, 2020 05:45 pm ET
ClearStream Announces Third Quarter 2020 Financial Results
ClearStream Energy Services Inc. (“ClearStream” or the "Company") (TSX: CSM) today announced its results for the three and nine months ended September 30, 2020. All amounts are in Canadian dollars and expressed in thousands of dollars unless...
Jul 29, 2020 05:23 pm ET
ClearStream Announces Second Quarter 2020 Financial Results
ClearStream Energy Services Inc. (“ClearStream” or the "Company") (TSX: CSM) today announced its results for the three and six months ended June 30, 2020. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise...
Jun 19, 2020 03:45 pm ET
ClearStream Announces Voting Results from Shareholders’ Meeting
ClearStream Energy Services Inc. (“ClearStream”) (TSX: CSM) is pleased to announce that all matters presented for approval at its annual and special meeting (the "Meeting") of holders of common shares ("Common Shares") held earlier today were...
Jun 03, 2020 05:00 pm ET
ClearStream receives Support from Lenders
ClearStream Energy Services Inc. (“ClearStream”) (TSX: CSM) is pleased to announce that it has received support from each of its lenders to assist it with managing through the disruptions to its business caused by the combined effect of the...
May 08, 2020 12:19 am ET
ClearStream Announces First Quarter 2020 Financial Results
ClearStream Energy Services Inc. (“ClearStream” or the "Company") (TSX: CSM) today announced its results for the three months ended March 31, 2020.  All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted....
Mar 04, 2020 09:54 pm ET
ClearStream Announces Fourth Quarter and Annual 2019 Financial Results
ClearStream Energy Services Inc. (“ClearStream” or the "Company") (TSX: CSM) today announced its results for the three and twelve months ended December 31, 2019. All amounts are in Canadian dollars and expressed in thousands of dollars unless...
Dec 19, 2019 06:23 pm ET
ClearStream announces New Project Awards and Contract Renewals
ClearStream Energy Services Inc. (“ClearStream”) (TSX: CSM) is pleased to announce several new project awards and contract renewals with major upstream, midstream and downstream energy companies across North America. These awards and renewals are...
Nov 05, 2019 06:21 pm ET
ClearStream Announces Third Quarter 2019 Results
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) today announced its results for the three and nine months ended September 30, 2019. All amounts are in Canadian dollars and expressed in thousands of dollars unless...
Oct 09, 2019 06:03 pm ET
ClearStream Announces Contract Renewals and New Project Awards
ClearStream Energy Services Inc. (“ClearStream”) (TSX: CSM) is pleased to announce several contract renewals and new project awards.  The contract renewals are with major upstream, midstream and downstream energy companies in Canada, representing a...
Sep 10, 2019 05:55 pm ET
ClearStream receives capital injection and amends Credit Facilities to support growth
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) announces that its wholly-owned subsidiary, ClearStream Energy Holdings LP (“CEHLP”), has entered into a first amending agreement with, among others, the Company and Bank...
Aug 12, 2019 05:33 pm ET
ClearStream Announces Second Quarter 2019 Results
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) today announced its results for the three and six months ended June 30, 2019.  All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise...
Jun 28, 2019 09:38 pm ET
ClearStream Announces Completion of Previously Announced Strategic Acquisitions and Concurrent Equity and Debt Financings
ClearStream Energy Services Inc. ("ClearStream" or the "Corporation") (TSX: CSM) is pleased to announce the completion by its wholly-owned subsidiary, ClearStream Energy Holdings LP ("CEHLP"), of its previously announced acquisition of certain...
Jun 19, 2019 08:23 pm ET
ClearStream Announces Voting Results of 2019 Annual and Special Meeting
ClearStream Energy Services Inc. ("ClearStream" or the "Corporation") (TSX: CSM) is pleased to announce that all matters presented for approval at the Corporation's annual and special meeting (the "Meeting") of holders ("Shareholders") of common...
May 15, 2019 01:13 am ET
ClearStream Announces First Quarter 2019
ClearStream Energy Services Inc. (“ClearStream” or the “Company”, TSX: CSM and CSM.DB.A) today announced its results for the three months ended March 31, 2019. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer...
Apr 30, 2019 07:21 am ET
ClearStream Announces Two Strategic Acquisitions and Concurrent Equity and Debt Financings
ClearStream Energy Services Inc. ("ClearStream" or the "Corporation") (TSX: CSM) is pleased to announce its wholly-owned subsidiary ClearStream Energy Holdings LP has entered into an agreement (the "Asset Purchase Agreement") to acquire certain...
Mar 22, 2019 01:56 am ET
ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the...
Feb 22, 2019 11:33 pm ET
ClearStream Announces New Board Member
ClearStream Energy Services Inc. (“ClearStream”, or the “Company”, TSX: CSM and CSM.DB.A) is pleased to announce the addition of a new Board member, effective immediately: Karl Johannson has been appointed as a new Member of the Board of...
Jan 09, 2019 10:48 pm ET
ClearStream Announces Board and Executive Changes
ClearStream Energy Services Inc. (“ClearStream”, or the “Company”, TSX: CSM and CSM.DB.A) is pleased to announce the following Board and Executive changes effective January 9, 2019: ClearStream is enhancing its governance structure with the...
Jan 02, 2019 05:39 pm ET
ClearStream Announces New Project Award and Contract Renewals
ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) is pleased to announce four significant contract renewals and new work for Q4 2018.  Four of ClearStream’s contracts with major Upstream, Midstream and Downstream Oil and Gas...
Nov 14, 2018 08:35 pm ET
ClearStream Announces the Appointment of a New CFO
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) announces today the appointment of Randy Watt as its Chief Financial Officer (“CFO”). Mr. Watt is a senior executive with a 25-year track record of leading and working...
Nov 06, 2018 05:00 pm ET
ClearStream Announces Third Quarter 2018 Financial Results
ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and nine months ended September 30, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the...
Nov 02, 2018 06:40 pm ET
ClearStream Announces Amendment and Restatement of Asset-Based Credit Agreement
ClearStream Energy Services Inc. (“ClearStream” or the “Company”, TSX: CSM) announces that its subsidiary, ClearStream Energy Holdings LP, as borrower, has entered into a second amended and restated asset-based lending credit agreement dated...
Oct 03, 2018 03:00 am ET
ClearStream Announces Management Changes
ClearStream Energy Services Inc. (“ClearStream”, the “Company” TSX: CSM) announces the following changes to its management team:  ClearStream’s Chief Financial Officer, Gary Summach has resigned from the Company but will remain in his position...
Sep 24, 2018 05:43 pm ET
ClearStream announces the acquisition of AFX Materials and Fabrication Ltd.
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) is pleased to announce the acquisition of AFX Materials and Fabrication Ltd. (“AFX”) for total consideration of up to $2.5 million. AFX is a specialized manufacturer of...
Aug 20, 2018 06:00 am ET
ClearStream Announces the Appointment of a New CEO
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) announces today the appointment of Yves Paletta as its Chief Executive Officer (“CEO”). Mr. Paletta is a senior executive with a 25-year track record of leading successful...
Aug 03, 2018 04:42 pm ET
ClearStream Announces Second Quarter 2018 Financial Results
ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and six months ended June 30, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the...
Jun 12, 2018 04:05 pm ET
ClearStream Energy Services Inc. Announces Results of Annual Meeting of Shareholders
ClearStream Energy Services Inc. (TSX:CSM) (“ClearStream” or the “Company”) is pleased to provide the results from its annual meeting of shareholders held June 12, 2018 in Calgary (the “Meeting”). A total of 69,789,030 common shares ("Common...
Jun 11, 2018 05:00 pm ET
ClearStream Announces Resignation of Director
ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX:CSM) announces today the resignation of Peggy Mulligan from its Board of Directors effective immediately. Ms. Mulligan has also withdrawn her nomination for re-election to...
May 09, 2018 01:16 am ET
ClearStream Announces First Quarter 2018 Financial Results
ClearStream Energy Services Inc. (“ClearStream”) (TSX:CSM) (TSX:CSM.DB.A) today announced its results for the three months ended March 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS...
Feb 28, 2018 07:14 pm ET
ClearStream Announces Fourth Quarter and Annual 2017 Financial Results
CALGARY, Alberta, Feb. 28, 2018 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream”) (TSX:CSM) and (TSX:CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2017.
Jan 16, 2018 09:04 am ET
Clearstream Energy Services Inc. Announces Completion of Refinancing Transaction
NOT FOR DISTRIBUTION THROUGH UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES
Dec 27, 2017 09:56 pm ET
ClearStream Energy Services Inc. Announces Refinancing Transaction
TORONTO, Dec. 27, 2017 (GLOBE NEWSWIRE) --
Nov 20, 2017 07:00 am ET
ClearStream Announces Three New Contract Awards
CALGARY, Alberta, Nov. 20, 2017 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream”) (TSX:CSM) (TSX:CSM.DB.A) is pleased to announce the award of three new contracts. Details of the new contracts are as follows:
Nov 03, 2017 08:00 am ET
ClearStream Announces Third Quarter 2017 Financial Results
CALGARY, Alberta, Nov. 03, 2017 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream”) (TSX:CSM and CSM.DB.A) today announced its results for the three and nine months ended September 30, 2017.
Aug 03, 2017 06:00 pm ET
ClearStream Announces Second Quarter 2017 Financial Results
CALGARY, Alberta, Aug. 03, 2017 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream”) (TSX:CSM) (TSX:CSM.DB.A) today announced its results for the three and six months ended June 30, 2017....
Jul 07, 2017 04:15 pm ET
ClearStream Energy Services Inc. Provides Update on Indemnity Claim by Brompton Corp.
ClearStream Energy Services Inc. (TSX: CSM) ("ClearStream" or the "Company") announced today that the Ontario Court of Appeal issued its decision in the matter of Brompton Corp. v. Tuckamore Holdings LP with the Court dismissing the appeal brought by the Company's wholly-owned subsidiary, Tuckamore Holdings LP. In February 2017, the Ontario Superior Court of Justice granted Brompton Corp.'s motion for summary judgment against Tuckamore Holdings LP. ClearStream appealed the decision to assert its right to indemnity from Brompton Corp., but the Court of Appeal upheld the
Jul 07, 2017 04:12 pm ET
ClearStream Energy Services Inc. Provides Update on Indemnity Claim by Brompton Corp.
ClearStream Energy Services Inc. (TSX:CSM) ("ClearStream" or the "Company") announced today that the Ontario Court of Appeal issued its decision in the matter of Brompton Corp. v. Tuckamore Holdings LP with the Court dismissing the appeal...
Jun 21, 2017 07:14 pm ET
Clearstream Energy Services Inc. Announces Results of Annual Meeting of Shareholders
ClearStream Energy Services Inc. (TSX: CSM) ("ClearStream" or the "Company") is pleased to provide the results from its annual meeting of shareholders held June 21, 2017 in Calgary (the "Meeting"). A total of 66,700,016 common shares ("Common Shares") of the Company, representing approximately 60.67% of the issued and outstanding Common Shares, were represented in person or by proxy at the meeting.
Jun 21, 2017 07:14 pm ET
Clearstream Energy Services Inc. Announces Results of Annual Meeting of Shareholders
ClearStream Energy Services Inc. (TSX:CSM) ("ClearStream" or the "Company") is pleased to provide the results from its annual meeting of shareholders held June 21, 2017 in Calgary (the "Meeting"). A total of 66,700,016 common shares ("Common...
Jun 12, 2017 08:30 am ET
ClearStream Announces Appointment of Interim CEO
ClearStream Energy Services Inc., ("ClearStream") (TSX: CSM) announces the resignation of its President and CEO, John Cooper. The Company's Executive Chairman, Dean MacDonald, will assume the role of interim CEO. Mr. Cooper will remain on the Board and assist the Company in ensuring a smooth transition. The ClearStream Board will immediately initiate a process to recruit a high calibre executive to fill the position of CEO on a permanent basis.
Jun 12, 2017 08:28 am ET
ClearStream Announces Appointment of Interim CEO
ClearStream Energy Services Inc., ("ClearStream") (TSX:CSM) announces the resignation of its President and CEO, John Cooper. The Company's Executive Chairman, Dean MacDonald, will assume the role of interim CEO. Mr. Cooper will remain on the Board...
Jun 01, 2017 07:45 am ET
ClearStream Announces Major Contract Renewal
ClearStream Energy Services Inc. ("ClearStream") (TSX: CSM) is pleased to announce the renewal of a five year operational workforce management contract with a major oilsands producer in the Fort McMurray region. This contract is expected to generate approximately $240 million of revenue over the five-year term of the contract.
Jun 01, 2017 07:43 am ET
ClearStream Announces Major Contract Renewal
ClearStream Energy Services Inc. ("ClearStream") (TSX:CSM) is pleased to announce the renewal of a five year operational workforce management contract with a major oilsands producer in the Fort McMurray region. This contract is expected to generate...
May 03, 2017 06:09 pm ET
ClearStream Announces First Quarter 2017 Financial Results
ClearStream Energy Services Inc. ("ClearStream") (TSX: CSM)(TSX: CSM.DB.A) today announced its results for the three months ended March 31, 2017.
May 03, 2017 06:09 pm ET
ClearStream Announces First Quarter 2017 Financial Results
ClearStream Energy Services Inc. ("ClearStream") (TSX:CSM)(TSX:CSM.DB.A) today announced its results for the three months ended March 31, 2017. "EBITDAS" and "Adjusted EBITDAS" are not standard measures under IFRS. Please refer to the...
Mar 07, 2017 01:59 pm ET
Amended: ClearStream Announces Fourth Quarter and Annual 2016 Financial Results
Note: This news release supersedes an earlier news release dated March 7, 2017 and has been corrected for an administrative error in the Q4 2015 Adjusted EBITDA amount. NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR...
Mar 07, 2017 07:58 am ET
ClearStream Announces Fourth Quarter and Annual 2016 Financial Results
NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ClearStream Energy Services Inc. ("ClearStream") (TSX:CSM) (TSX:CSM.DB.A) today announced its results for the three and twelve months ended...
Feb 02, 2017 06:33 pm ET
ClearStream Energy Services Inc. Provides Update on Indemnity Claim by Brompton Corp.
ClearStream Energy Services Inc. (TSX: CSM) ("ClearStream" or the "Company") announced today that the Ontario Superior Court of Justice has issued its decision in the matter of Brompton Corp. v. Tuckamore Holdings LP with the Court granting Brompton Corp.'s motion for summary judgment against the Company's wholly-owned subsidiary, Tuckamore Holdings LP, and the Company. ClearStream intends to appeal the decision and to vigorously defend its right to indemnity from Brompton Corp. Additional detail on the Brompton Corp. claim can be found in the Company's Management's
Feb 02, 2017 06:33 pm ET
ClearStream Energy Services Inc. Provides Update on Indemnity Claim by Brompton Corp.
ClearStream Energy Services Inc. (TSX:CSM) ("ClearStream" or the "Company") announced today that the Ontario Superior Court of Justice has issued its decision in the matter of Brompton Corp. v. Tuckamore Holdings LP with the Court granting Brompton...
Jan 04, 2017 07:45 am ET
ClearStream Energy Services Inc. Announces Major Contract Renewal
ClearStream Energy Services Inc. ("ClearStream") (TSX: CSM) is pleased to announce that it has successfully renewed a five year maintenance contract with a major oilsands producer in the Fort McMurray region. This contract will be carried out by ClearWater Energy Services, a subsidiary of ClearStream and is expected to generate approximately $390 million of revenue over the term of the contract.
Jan 04, 2017 07:43 am ET
ClearStream Energy Services Inc. Announces Major Contract Renewal
ClearStream Energy Services Inc. ("ClearStream") (TSX:CSM) is pleased to announce that it has successfully renewed a five year maintenance contract with a major oilsands producer in the Fort McMurray region. This contract will be carried out by...
Dec 22, 2016 08:00 am ET
ClearStream Energy Services Inc. Announces a New Agreement With Yara Belle Plaine Inc.
ClearStream Energy Services Inc. (TSX: CSM)(TSX: CSM.DB.A) ("ClearStream") is pleased to announce that it has been awarded a three-year Master Service and Supply Agreement (the "MSSA") with Yara Belle Plaine Inc., a Saskatchewan based Nitrogen Fertiliser Company. Yara Belle Plaine Inc. is a subsidiary of Yara International ASA, the world's largest producer and marketer of mineral fertilisers that help feed a hungry world population. ClearStream and its subsidiaries will provide maintenance, turnaround and sustaining project services under the terms of the agreement, which
Dec 22, 2016 07:58 am ET
ClearStream Energy Services Inc. Announces a New Agreement With Yara Belle Plaine Inc.
ClearStream Energy Services Inc. (TSX:CSM)(TSX:CSM.DB.A) ("ClearStream") is pleased to announce that it has been awarded a three-year Master Service and Supply Agreement (the "MSSA") with Yara Belle Plaine Inc., a Saskatchewan based Nitrogen...
Dec 21, 2016 08:30 am ET
Kentz-ClearStream Joint Venture (KCJV) Awarded Five-year Agreement
ClearStream Energy Services Inc. (TSX: CSM) ("ClearStream") is pleased to announce, through a joint venture with SNC-Kentz, the award of a five-year agreement with a prominent integrated oil company to provide engineering and procurement services for maintenance and sustainment projects in Fort McMurray, Alberta. ClearStream has provided maintenance services to customers in the Fort McMurray region for over 25 years and we believe this new agreement will help us maintain and grow our presence in the region for years to come.
Dec 21, 2016 08:28 am ET
Kentz-ClearStream Joint Venture (KCJV) Awarded Five-year Agreement
ClearStream Energy Services Inc. (TSX:CSM) ("ClearStream") is pleased to announce, through a joint venture with SNC-Kentz, the award of a five-year agreement with a prominent integrated oil company to provide engineering and procurement services for...
Nov 09, 2016 07:00 am ET
ClearStream Energy Services Inc. Announces Change of Chief Executive Officer and Chief Financial Officer
ClearStream Energy Services Inc. (TSX: CSM)(TSX: CSM.DB.A) (the "Company") is pleased to announce that, effective today, John W. Cooper, the Chief Executive Officer of the Company's wholly-owned ClearStream Energy Holdings LP ("ClearStream Holdings"), will serve as the Chief Executive Officer of the Company. Mr. Cooper has also been appointed to the board of directors of the Company. Gary Summach, the Chief Financial Officer of ClearStream Holdings, will succeed Keith Halbert as the Chief Financial Officer of the Company. The appointment of Messrs. Cooper and Summach as
Nov 09, 2016 06:58 am ET
ClearStream Announces Third Quarter 2016 Financial Results
NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ClearStream Energy Services Inc. ("ClearStream") (TSX:CSM)(TSX:CSM.DB.A), formerly Tuckamore Capital Management Inc., today announced its results...
Nov 09, 2016 06:58 am ET
ClearStream Energy Services Inc. Announces Change of Chief Executive Officer and Chief Financial Officer
ClearStream Energy Services Inc. (TSX:CSM)(TSX:CSM.DB.A) (the "Company") is pleased to announce that, effective today, John W. Cooper, the Chief Executive Officer of the Company's wholly-owned ClearStream Energy Holdings LP ("ClearStream Holdings"),...