- Hydraulic fracturing company Calfrac Well Services Ltd (OTC:CFWFF) has introduced Allison Transmission Holdings Inc (NYSE:ALSN) FracTran into its field operations.
- Allison’s FracTran, compatible with dual fuel engines capable of running on natural gas, offers increased horsepower and substantially reduced idle time.
- Calfrac, which integrated the Allison FracTran into its hydraulic fracturing pump in April, noticed a productivity improvement compared to its other hydraulic fracturing pumps.
- FracTran incorporates eight gear ranges with multiple gear ratios, with a rating of 3,300 horsepower and 10,000 lb.-ft. of input torque.
- It offers filter and fluid life prognostics, a transmission-mounted control module, torsional measuring diagnostics, and a telematics gateway.
- Price Action: ALSN shares are trading higher by 3.48% at $38.60 on the last check Tuesday.
Centene Q2 EPS $1.77 Beats $1.59 Estimate, Sales $33.97B Miss $35.55B Estimate
Centene (NYSE:CNC) reported quarterly earnings of $1.77 per share which beat the analyst consensus estimate of $1.59 by 11.32 percent. This is a 41.6 percent increase over earnings of $1.25 per share from the same period