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Essential Energy Services Ltd EEYUF


Primary Symbol: T.ESN

Essential Energy Services Ltd. is a Canada-based company that provides oilfield services to oil and natural gas producers, primarily in western Canada. The Company offers completion, production and well site restoration services to a diverse customer base. Its Essential Coil Well Service (ECWS) segment provides completion and production services throughout western Canada. The ECWS fleet is comprised of coiled tubing rigs, fluid pumpers, nitrogen pumpers and ancillary equipment. Its Tryton segment provides a range of downhole tools and rental services across the WCSB and in the United States for completion, production and wellsite restoration of oil and natural gas wells. Its services are offered with coiled tubing, fluid and nitrogen pumping, and the sale and rental of downhole tools and equipment. Its coiled tubing fleet is comprised of generation I, II, III and IV coiled tubing rigs, which are differentiated by their capability to service wells with varying depths and well pressures.


TSX:ESN - Post by User

Comment by askQuestions1on Aug 31, 2018 10:32am
104 Views
Post# 28548434

RE:Canada is a joke

RE:Canada is a joke
Empire82 wrote: Didn't think I would get anymore at .52 until Canada just put up a big "We are closed for business" sign this morning with the pipeline news, came home to realize I got filled. I am pretty amazed at how ridiculous our government is right now, its downright embarrasing. Do I even want these shares now lol


Things have to get stupid BAD sometimes before people realize what they are doing.  I think we have finally gotten there.  So hopefully they are forced to do something to turn this around.   Their political carrer (and the economy) is now riding on it.

As an aside, I started to buy STEP yesterday and today.   It's finally gotten as cheap (or cheaper) than Trican.  Not sure if they can buyback shares as the float is only 25 million.  But if they do, stock would move higher very quickly.  Maybe a dividend soon.  They could easily pay a double digit dividend at $6.70 stock price.

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