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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

Post by Canoutchieon Mar 24, 2022 3:32pm
136 Views
Post# 34542764

SEDI

SEDILooking at SEDI filings there's been an awful lot of insider selling by several senior directors over the past few weeks. It really begs the question about whether there is any further upside to be had as CEU consistently sells off it seems towards the end of each day, at least lately.

Maybe my thesis about North American oil service companies benefiting from higher upside on the price of oil and increased demand for non-Russian output is fundamentally flawed. I've been wrong on the markets several times before, but interested to hear if anyone else has any thoughts on this?
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