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Essential Energy Services Ltd 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 Amadeus2011on Mar 07, 2022 9:54am
93 Views
Post# 34489956

RE:RE:RE:RE:Lack of interest in ESN

RE:RE:RE:RE:Lack of interest in ESNOh stop it. The company has come through this massive rollercoaster since 2015 with nearly zero debt and in a leadership position in the sector with deep coil rigs. When the customers aren't willing to allow price increases - and sector competitors are still willing to undercut job pricing to below break-even just to gain a customer, there is not much chance of the cash geyser you and market diva seems to think should be happening.
You nay sayers and bashers don't seem to have a very thorough understanding of the current sector dynamics.
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