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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

Post by LuckyLuchon Mar 07, 2017 2:01pm
172 Views
Post# 25945328

ESN Q4 Earnings 3/8 after the close

ESN Q4 Earnings 3/8 after the close
Pretty sad how someone creates a profile to lay out a lame-o, BS story with such poor grammer and zero logic behind it.  So, you work at a hedge/mutual fund..still long the stock and you get online to bash it???  Speach pattern very similiar to eudora, I'll assume it was him. On to more important matters...

The street is looking for aboot 2 mil EBITDA, we see it closer to 4 mil.  Checked in with a couple of the analysts who cover the stock and they affirmed that while a guilty patent violation is unlikely, this will be litigated for years to come even if the decision is in favor of ESN by way of the appeals process. 

ESN has been unfairly been caught in the sector swoon, take a look at CFW, TCW, ESI, PD etc and al are down at least 20% frm their recent highes.  Haven't bought a share in several weeks but plan to add once I get a look at earnings. 

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