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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 > Lack of interest in ESN
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Post by houbahop on Mar 03, 2022 8:52am

Lack of interest in ESN

in this environment of tight oil and gas markets.

Even the company has bought only for $1300 worth of shares through their NCIB and insiders have bought a big nothing.

I don't see any other companies in this sector performing so poorly.
Comment by marketdiva on Mar 03, 2022 4:25pm
Omg really ! How many years did it take for these clowns to figure out how to find money to purchase their own shares ....they could have bought so much lower but no matter what they SHOULD have been buying since the announcement . fire all of these ultra boring , nitty , ultra annoying pay check sucklers   
Comment by WanTBe1 on Mar 04, 2022 11:24am
Please take this Private.   For  0.75
Comment by Icomeandgo on Mar 06, 2022 1:38pm
Lol I would suggest everyone one this board email ESN.TO and see what the hell is going on. Far too long they've done nothing, they need to be held accountable 
Comment by Amadeus2011 on Mar 07, 2022 9:54am
Oh 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 ...more  
Comment by Amadeus2011 on Mar 07, 2022 9:48am
You know nothing. Their covenant prevented them from buying back any shares until recently.