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CES Energy Solutions Corp T.CEU

Alternate Symbol(s):  CESDF

CES Energy Solutions Corp. is a Canada-based provider of consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. Its core businesses include drilling fluids and production and specialty chemicals. Its drilling fluids business operates throughout North America. Its production specialty chemicals business operates in the United States and in the Western Canadian Sedimentary Basin (WCSB), with an emphasis on servicing the oil and natural gas liquids resource plays. The Company provides environmental and drilling fluids waste disposal services to operators active in the WCSB through its Clear Environmental Solutions (Clear) division. It provides trucks and trailers specifically designed to transport drilling fluids to operators active in the WCSB through its Equal Transport (Equal) division.


TSX:CEU - Post by User

Bullboard Posts
Comment by eebleron Jun 19, 2014 2:07pm
241 Views
Post# 22676339

RE:RE:stock split & future?

RE:RE:stock split & future?
Chart and technicals would suggest it is going to roll over, but for how long and where does it catch is the real question.  Longer term financials suggest Adjusted earnings of $1.06 for 2014 followed by $1.40 in 2015.  Again, question is how much of that is baked in, and what catalysts are still on the horizon.  The new solid chemistry reactors went live in Q1 and they are highest margin growth potential.  It was working on 100 wells as of last notable update and the client in question had something like 2700 wells in that particular field. 

I've been in stock splits before and seen a couple do well and others languish.  Roll the dice on whether increased liquidity and more "affordable" sp makes a difference.
Bullboard Posts