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.

TSX:ESN - Post by User

Essential Energy Services Ltd

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Comment by LuckyLuchon Nov 09, 2016 8:58pm

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Post# 25442943

RE:RE:Q3 ESN

Almost everyone in the sub sector has executed bot deals. ESN reminds us very much of bonnets energy services back in the previous cycle. This company has too low institutional ownership, lacks the type of loyal institutional base that we see at calfrac. This company would be better suited as a private entity or division of a larger services co. Mgt must be open to such scenarios.

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