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STEP Energy Services: Q4 TAKE THREE

Avik Chowdhury by Avik Chowdhury
March 12, 2025
in Market Trends
0
STEP Energy Services: Q4 TAKE THREE

In Q4, STEP Energy’s performance lagged in the US while Canada maintained its resilience. Natural gas and LNG products are set to drive its performance in 2025 and beyond. However, weather-related challenges can derail its short-term performance. The US market will also likely recover, but persistent challenges associated with completion activity can slow down the process. Despite that, the company improved its share of dual-fuel frac spreads in 2024.

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