FLINT Corp. (CSM) 2020年年度报告「TSX」.pdf

1、ClearStream Announces Fourth Quarter and 2020 Annual Financial ResultsBusiness shows resiliency with annual revenues of$393 million down only 15%from 2019Calgary,Alberta(March 4,2021)ClearStream Energy Services Inc.(“ClearStream”or the Company)(TSX:CSM)today announced its results for the three and t

2、welve months ended December 31,2020.All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted.“EBITDAS”and“Adjusted EBITDAS”are not standard measures under IFRS.Please refer to the Advisory regarding Non-Standard Measures at the end of this press release for a

3、description of these items and limitations of their use.“With the arrival of the second wave of the COVID-19 pandemic in the fourth quarter,activity levels returned to a level similar to the second quarter when economic activity was constrained by the public health measures as governments responded

4、and caused customers to remain cautious regarding their spending plans,”said Yves Paletta,Chief Executive Officer.“With the recent recovery in both oil and natural gas prices that accelerated in the first two months of 2021 and the expected global roll out of vaccinations for COVID-19 this year,we b

5、elieve that activity levels will start to recover in the second half of 2021.However,as a sector,we can expect to be in a lower growth operating model for the conceivable future and,as such,many of our customers have moved to an operational mindset that focuses on production optimization,reliability

6、 and environmental considerations through operational excellence.ClearStream is very well-positioned to support such trends,”said Mr.Paletta.“As previously announced,we were deeply saddened by the incident that occurred on December 28,2020 at the Suncor Fort Hills mine that resulted in the death of