Last C$8.06 CAD
Change Today -0.11 / -1.35%
Volume 327.6K
SVY On Other Exchanges
As of 4:00 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

savanna energy services corp (SVY) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/28/14 - C$9.32
52 Week Low
07/31/13 - C$7.19
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

savanna energy services corp (SVY) Related Businessweek News

No Related Businessweek News Found

savanna energy services corp (SVY) Details

Savanna Energy Services Corp., through its subsidiaries, provides various oil and natural gas services in Canada, the United States, and Australia. It operates through Services and Drilling segments. The company offers contract drilling services through conventional telescopic double drilling rigs, hybrid drilling rigs, and single drilling rigs. It also provides well servicing services and equipment rental for oil and gas industry. The company operates a fleet of approximately 100 drilling rigs and 100 well service rigs. Savanna Energy Services Corp. was founded in 1970 and is headquartered in Calgary, Canada.

Founded in 1970

savanna energy services corp (SVY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$444.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$282.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: C$345.0K
Executive Vice President of Corporate
Total Annual Compensation: C$282.0K
Chief Developing Officer and Executive Vice P...
Total Annual Compensation: C$282.0K
Compensation as of Fiscal Year 2013.

savanna energy services corp (SVY) Key Developments

Savanna Energy Services Corp. Signs Contract for 1500HP Velox Triple Drilling Rig

Savanna Energy Services Corp. announce it has signed a contract for its previously disclosed VELOX Drilling Rig for deployment in the Permian Basin in West Texas. The VELOX Drilling Rig is a 1,500HP AC electric, highly mobile triple drilling rig that is expected to begin working in the field in fourth quarter of 2014 under a multi-year take-or-pay contract. The new AC powered triple drilling rig is an extension of Savanna's rig design platform, and an integral part of Savanna's long-term strategy. The 750,000 lb. rig incorporates true craneless rig up capability, automated pipe handling, moving systems and catwalks. The capital cost of this drilling rig has already been included in Savanna's previously announced 2014 capital budget of $206 million. Savanna continues to focus on new-build opportunities to increase the depth and capacity of its drilling fleet, expanding Savanna's offering of deep double and triple drilling rigs. Additionally, Savanna continues to drive toward achieving a stronger balance between its Canadian business and operations in geographies outside of Canada. Savanna is currently building 12 drilling and workover rigs for delivery in the next 12 months, of which 11 are committed under long term contract with terms ranging from two to four years. The current rig build program includes three VELOX 1,500 HP AC Electric Triple Drilling Rigs, one Ultra Heavy 1,200HP AC Electric Double Drilling Rig, five Australian Workover Rigs and three Australian Flushby Units. Savanna is a leading North American and Australian contract drilling and oilfield services company providing a broad range of drilling, well servicing and related services with a focus on fit for purpose technologies and aboriginal relationships.

D&D Oilfield Rentals Expands to Stony Plain

D&D Oilfield Rentals, a division of Savanna Energy Services Corp., says it has relocated its Acheson, Alberta office to Stony Plain, Alberta. The Boundary Road location, 52432 Range Rd. #275, was formerly home to T-Force Energy and is comprised of three buildings: a 3,300-square-foot office complex, and two maintenance facilities offering an additional 20,000 square feet of service space. D&D currently employs nine persons at the Stony Plain location with plans to expand as drilling activity picks up in the winter months and new equipment is brought onto site. With continuing strong drilling activity west of Edmonton, there is a continuing requirement for more oilfield rental equipment in the market place.

Savanna Energy Services Corp. Announces Monthly Dividend, Payable on August 15, 2014

Savanna Energy Services Corp. announced that its Board of Directors has declared a monthly dividend payment of CAD 0.03 per share to holders of Common Shares. The date of record will be July 31, 2014 and the payment date will be August 15, 2014. This dividend is an eligible dividend for Canadian income tax purposes.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SVY:CN C$8.06 CAD -0.11

SVY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CanElson Drilling Inc C$7.85 CAD -0.05
Ensign Energy Services Inc C$17.59 CAD +0.08
Trinidad Drilling Ltd C$10.84 CAD -0.25
Western Energy Services Corp C$10.79 CAD -0.07
Xtreme Drilling and Coil Services Corp C$4.95 CAD +0.04
View Industry Companies

Industry Analysis


Industry Average

Valuation SVY Industry Range
Price/Earnings 35.4x
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 6.9x
TEV/Sales 0.6x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAVANNA ENERGY SERVICES CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at