highperformr logo

Calfrac Well Services's Overview

Total employees1662
HeadquartersCalgary
Founded1999

Calfrac Well Services Ltd. is a Canadian-based, independent global provider of specialized oilfield services. These services include hydraulic fracturing, coiled tubing, cementing, and other well stimulation services designed to help increase the production of oil and natural gas. Calfrac operates primarily in Western Canada and the United States, with a focus on key basins. The company is committed to providing safe, efficient, and innovative solutions to its customers in the exploration and production sector. Calfrac's common shares are publicly traded on the Toronto Stock Exchange under the symbol CFW.

Where is Calfrac Well Services's Headquarters?

HQ Function

The headquarters houses key corporate functions including executive leadership, finance, legal, human resources, strategic planning, and investor relations, overseeing operations across North America.

Notable Features:

Situated in Calgary's downtown core, providing accessibility and proximity to other major energy companies, financial institutions, and industry partners. The office space is modern and designed for corporate operations.

Work Culture:

The work culture at Calfrac's headquarters is typically professional, fast-paced, and focused on the demanding needs of the oil and gas industry. It emphasizes safety, operational excellence, technical expertise, and teamwork.

HQ Significance:

Calgary's role as a major energy hub makes it a strategic location for Calfrac's headquarters, facilitating industry connections, talent acquisition, and efficient management of its North American operations.

Values Reflected in HQ: The headquarters' operations strive to reflect Calfrac's core values, such as a commitment to safety, environmental responsibility, innovation, integrity, and performance-driven results for clients and shareholders.

Location:

Calfrac Well Services focuses its operations primarily in North America, with significant presence in Canada (mainly Alberta, British Columbia, and Saskatchewan) and the United States (across various key shale basins including Texas, Colorado, North Dakota, Pennsylvania, and Oklahoma). While historically Calfrac had operations in Russia and Argentina, the company has divested or wound down these international segments to concentrate on its core North American markets. Functions supported include hydraulic fracturing, coiled tubing, cementing, and related engineering and logistical support.

Street Address:

Suite 400, 407 – 8th Avenue S.W.

City:

Calgary

State/Province:

Alberta

Country:

Canada

Calfrac Well Services's Global Presence

Denver, Colorado/USA

Address: 1675 Broadway, Suite 1500, Denver, CO 80202, USA

To manage and support U.S. operations, ensuring efficient service delivery, client relationship management, and adherence to regulatory standards in key American oil and gas basins.

Red Deer, Alberta/Canada

Address: Gasoline Alley West, 110 Waskasoo Ave, Red Deer County, AB T4E 0A3, Canada

To directly serve exploration and production companies in central and northern Alberta, facilitating rapid response and efficient execution of well completion projects.

Grande Prairie, Alberta/Canada

Address: 10710 79 Ave, Grande Prairie, AB T8W 0G1, Canada

To provide localized support for intensive fracturing and well completion activities in one of North America's most active resource plays, ensuring timely and effective service for clients in the region.

Buying Intent Signals for Calfrac Well Services

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Calfrac Well Services

As of April 2025, Calfrac Well Services' leadership includes:

Pat Powell - President and Chief Executive Officer
Mike Olinek - Chief Financial Officer
John Grisdale - Chief Operating Officer
Scott Schroeder - President, United States Operating Division
George Armoyan - Executive Chairman

Investors of Calfrac Well Services

Calfrac Well Services has been backed by several prominent investors over the years, including:

Wilks Brothers, LLC
Armco Alberta Inc.
Letko, Brosseau & Associates Inc.
Other Institutional Investors

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

In June 2023, Calfrac Well Services solidified its senior leadership by making permanent the appointments of Pat Powell as President and CEO, and Mike Olinek as CFO, both of whom had been serving in these roles on an interim basis. George Armoyan also formally became Executive Chairman.

New Appointments:

Pat Powell, Pat Powell was confirmed as permanent President and CEO.
Mike Olinek, Mike Olinek was confirmed as permanent Chief Financial Officer.
George Armoyan, George Armoyan appointed Executive Chairman.

Technology (Tech Stack) used by Calfrac Well Services

Discover the tools Calfrac Well Services uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Calfrac Well Services Email Formats and Examples

Calfrac Well Services typically uses a standard corporate email format. The most common structure is combining the employee's first initial with their last name, or first name and last name separated by a period, followed by '@calfrac.com'.

[first_initial][last]@calfrac.com OR [first].[last]@calfrac.com

Format

jdoe@calfrac.com or john.doe@calfrac.com

Example

90%

Success rate

News and media

Newswire Canada (CNW Group)May 1, 2024

Calfrac Reports First Quarter 2024 Results

Calfrac Well Services Ltd. announced its financial and operating results for the three months ended March 31, 2024. The company reported revenue of $309.2 million and adjusted EBITDA of $33.5 million, citing challenging market conditions and lower activity levels compared to the prior year period....more

Yahoo Finance / Newswire CAFebruary 28, 2024

Calfrac Reports Fourth Quarter and Full Year 2023 Results

Calfrac released its Q4 and full-year 2023 financial results. For the full year, revenue was $1.5 billion with net income of $96.1 million. The company highlighted its efforts in debt reduction and focus on North American operations....more

Calfrac Well Services Website / Newswire CAJune 1, 2023

Calfrac Announces Permanent Appointments of President and Chief Executive Officer and Chief Financial Officer

Calfrac Well Services Ltd. announced the permanent appointments of Mr. Pat Powell as President and Chief Executive Officer and Mr. Mike Olinek as Chief Financial Officer. Mr. George Armoyan was also appointed Executive Chairman....more

Highperformr’s free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including Calfrac Well Services, are just a search away.