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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

Post by marketdivaon Mar 14, 2022 10:58am
174 Views
Post# 34511587

AGM should be in May

AGM should be in May Hopefully the dissenting group who withheld 10% of votes last year will make themselves visible and we can vote this group out. Or at least threaten a control change and get some independent directors and get the poison pill lifted ....I'd take .50-.60 and move on from this value trap .  I was more hopeful but just not sure how much someone would be willing to pay for this outfit. Too bad mgmt choose to reward themselves as the expense of the shareholders. And why buy insider shares when you can just award themselves shares at the expense of the shareholders ...someone needs to wake these people up 
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