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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 oldrancheron Dec 11, 2012 8:58pm
244 Views
Post# 20716477

agree with Shammy:

agree with Shammy:

if you look at esn's 5 year chart: after the big incline, then big drop:

the performance of share price has been steadily notching up;

right now we are just starting up from a trough, so it should go up for a short while anyways.

What i always find annoying is how the Funds, and big boy traders can keep selling out at the tops, then buying in again at the troughs.  That is true of some of the major oil and gas company shares too.

Whereas us little guys usually arn't  that bright, so we have to hold long term and endure the little selloffs.

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