Essential Energy Services Ltd EEYUF

Primary Symbol: 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.

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Essential Energy Services Ltd

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Comment by LuckyLuchon Oct 26, 2016 6:23pm

93 Views

Post# 25390043

RE:RE:RE:RE:RE:why is this stock falling Eudora? that is a fair question.

You are fighting the last war generalismo, crude going lower was a 2015/2014 story. 1 trillion of capex being cancelled/delay out to 2020, lowest new crude finds since 1945. Saudi has decided that their survival trumps their shia rivalry, a deal will be had.

Hillary, will actually be more positive for energy markets as she will add more regulation, costs to extact, taxes.

Do not ever buy stocks...buy businesses which trade at a large discount to their private market value. I have little doubt that ESN could sell out right NOW to private equity in the 1.80/2 level.

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