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Essential Energy Services Ltd EEYUF


Primary Symbol: 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 Supersnipe_oneon Dec 20, 2011 10:16am
228 Views
Post# 19337597

RE: RE: under 2.0 is ridiculous if U ask me

RE: RE: under 2.0 is ridiculous if U ask me

Any opinions on whether Essential is trying to grow to fast, also how about their accounting governance risk factor, too much risk/uncertainty, growth projection timeframe vs. any perceived slow down on the Drilling/Fracking treadmill ??? Trying to grow to fast has put the lid on many companies stock prices......wonder if there is much interest from larger service outfits in buying Essential???

The Service Rig charts still look ok, but should get ready to drop for the holidays.......

https://www.statsweeper.com/index.php?g=daily.1794

https://www.c-a-m.com/Forms/Resource.aspx?ResourceID=f35c5f1a-c743-4f53-9872-1b9b6b12c647

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