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Bullboard - Stock Discussion Forum 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... see more

TSX:ESN - Post Discussion

Essential Energy Services Ltd > Net current asset value
View:
Post by Torontojay on Jun 24, 2020 6:33pm

Net current asset value

In addition to trading below working capital, the companies current assets minus total liabilities is greater than current market cap. A good sign that we are around floor bottom. Time will tell.
Comment by winterishere on Jun 25, 2020 4:44pm
I've telling myself this  for years and just watched it go down. It might be time for me to lock in my capital loss and take a look  at it again in November.
Comment by Torontojay on Jun 25, 2020 5:44pm
Very smart idea! 
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