Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See
full details
.
I Agree
×
Join today and have your say! It’s FREE!
Join Now
Sign In
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Join Today
or
Sign in with existing account
Privacy Policy
|
Disclaimer
Sign In
Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Remember me
Forgot Password?
Sign In
or
Sign Up
Privacy Policy
|
Disclaimer
Please Try Again
{{ error }}
Send my password
Submit
Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Linking with Facebook:
Stockhouse membership requires an email address which must be shared by Facebook.
By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically.
If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail.
Please do not modify the permission settings during sign-in.
Sign in with Facebook
Return to Signup Options
Home
Community
Bullboards
Blogs
Groups
Messages
Markets
Stocks
TSX
TSXV
CSE
Cboe Canada
NASDAQ
NYSE
NYSE American
Cryptocurrency
Currencies
Market Movers
Bonds
News
Featured News
Trending News
Canadian Press Releases
US Press Releases
Video
Editorial
Thematic Insights
Independent Reports
Interviews
Buzz on the Bullboards
Portfolio
Watchlist
Portfolio
Showcase Companies
DealRoom
Quote
|
Bullboard
|
News
|
Opinion
|
Profile
|
Peers
|
Filings
|
Financials
|
Options
|
Price History
|
Ratios
|
Ownership
|
Insiders
|
Valuation
Bullboard - Stock Discussion Forum
Essential Energy Services Ltd
T.ESN
Energy
Oil & Gas Equipment & Services
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.
see more
Join the community and start posting on the bullboards today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Create a portfolio watchlist today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Add To Watchlist
Bullboard (TSX:ESN)
New Post
View:
Posts & Comments
Threaded Posts
Prev
...
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
Next
(40)
•••
Stonksonlyup90
X
View Profile
View Bullboard History
Comment by
Stonksonlyup90
on Jan 05, 2021 2:53pm
RE:RE:RE:RE:MAKE YOUR NEW YEAR'S PREDICTIONS HERE .?
One morning we are going to wake up and this will be $0.30+!! There are not a lot of shares to build a position below $0.30 - seems no one wants to sell, conversely nobody buying at the moment!!
(517)
•••
Torontojay
X
View Profile
View Bullboard History
Comment by
Torontojay
on Jan 05, 2021 12:51pm
RE:RE:RE:MAKE YOUR NEW YEAR'S PREDICTIONS HERE .?
One of my largest holdings which is a commitment to my belief that we are moving much higher this year. wti oil to possibly end the year at $50-60 a barrel.
(223)
•••
ariesleaf
X
View Profile
View Bullboard History
Comment by
ariesleaf
on Jan 04, 2021 11:25am
RE:RE:MAKE YOUR NEW YEAR'S PREDICTIONS HERE .?
ESN is on the move.
(517)
•••
Torontojay
X
View Profile
View Bullboard History
Comment by
Torontojay
on Dec 30, 2020 8:23pm
RE:MAKE YOUR NEW YEAR'S PREDICTIONS HERE .?
We will be trading higher than pre-pandemic 30-35 cents at this time next year. This works out to around a 50% return on your investment in 1 year.
(223)
•••
ariesleaf
X
View Profile
View Bullboard History
Post by
ariesleaf
on Dec 30, 2020 12:12pm
MAKE YOUR NEW YEAR'S PREDICTIONS HERE .?
ESN Will change more Business to drill Geothermal Wells for hydro.
(517)
•••
Torontojay
X
View Profile
View Bullboard History
Comment by
Torontojay
on Dec 24, 2020 9:18pm
RE:Enterprise value
Some even use working capital as cash equivalent but its best to go with cash only. I suppose if inventory gets turned over quickly then you can make a reasonable argument to include inventory as cash
...more
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Post by
sunadventurer
on Dec 24, 2020 9:02pm
Enterprise value
"To calculate the market capitalization if not readily available you would multiply the number of outstanding shares by the current stock price. Next, total all debt on the company's balance
...more
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Post by
sunadventurer
on Dec 24, 2020 8:57pm
Is Inventory a Current Asset?
https://www.ignitespot.com/is-inventory-an-asset Anyway, I started buying here, but I expect it to be a slow mover. I analyze a whole variety of factors. Right now my preferred horse is TransGlobe.
(517)
•••
Torontojay
X
View Profile
View Bullboard History
Comment by
Torontojay
on Dec 24, 2020 8:55pm
RE:RE:RE:Inventory as a current asset
Enterprise value does not change depending on whether inventory is used as a current asset or long term asset. Their enterprise value is about 6-7 million less than current market cap as they are net
...more
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Comment by
sunadventurer
on Dec 24, 2020 8:44pm
RE:RE:Inventory as a current asset
TorontoJay, are you calculating EV using invenstory as part of "cash equivalents"? That will get you a different result vs if you put inventory in the long-term assets column, which is where
...more
(517)
•••
Torontojay
X
View Profile
View Bullboard History
Comment by
Torontojay
on Dec 24, 2020 8:03pm
RE:Inventory as a current asset
Your point is valid however If you compare using other metrics such as EV to sales, EV to ebitda, price to book, price to sales, net cash , we find that Essential Energy is cheaper on a relative basis
...more
(79)
•••
auburn2
X
View Profile
View Bullboard History
Comment by
auburn2
on Dec 24, 2020 3:40pm
RE:Inventory as a current asset
Basically the $32 million of inventory is going to be used to generate EBITDA that is less than that $32 million. At book value it may be worth $32 million, but it functions very differently than cash
...more
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Post by
sunadventurer
on Dec 24, 2020 3:37pm
Inventory as a current asset
I suspect the $32 million of inventory as a current asset is making people believe ESN is more undervalued than it is. Why do you think this as a current asset instead of as a long-term one? When I
...more
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Comment by
sunadventurer
on Dec 23, 2020 6:33pm
RE:US Rig Count Data
https://ycharts.com/indicators/canada_rotary_rigs Canada rig count data, more relevant to ESN. Very similar as you'd expect.
(0)
•••
sunadventurer
X
View Profile
View Bullboard History
Post by
sunadventurer
on Dec 23, 2020 6:22pm
US Rig Count Data
https://www.aogr.com/web-exclusives/us-rig-count/2020 Still not recovering strongly, so for now the producers should be a better bet.
Prev
...
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
Next
Thank You
Your Report has been submitted.
Report Abusive Content
×
Close
Sign up to get access
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
The Market Update
{{currentVideo.title}}
{{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
A daily snapshot of everything
from market open to close.
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}
{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >