Cathedral Energy Services Shares Rise on $100M Acquisition of Altitude Energy Partners - News Summed Up

Cathedral Energy Services Shares Rise on $100M Acquisition of Altitude Energy Partners


By Adriano MarcheseCathedral Energy Services Ltd. shares rose on Monday morning after the company said it would acquire U.S.-based Altitude Energy Partners LLC for around $100 million, expanding its presence in the country. At 10:04 a.m. ET, shares were trading 24% higher at C$0.62 (48 U.S. cents).


Source: Wall Street Journal July 04, 2022 14:36 UTC



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