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Dalmac Energy Inc. (DAL:TSX-V) is an oil and gas service company specializing in fluid hauling, well servicing, chemical sales, tank rentals and rig moving. The company has been servicing the oil and gas industry for over 56 years.
The entire oil and gas service industry is showing renewed strength in equipment utilization, fees, and profitability. Dalmac is well positioned to take advantage of this trend which should result in continued improvement in financial performance. Dalmac is presently trading at just 4.3 times trailing 12-month earnings and the company reported significant improvements to its balance sheet during the last quarter.
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