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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 LuckyLuchon Jul 21, 2017 11:10am
153 Views
Post# 26494839

RE:broke support @ 60c

RE:broke support @ 60c
Carlos/Eudora/all....not so much an ESN story but rather a sub sector issue.  ESN is being grouped with the high debt-darlings like PD, TDG, WRG and ESI.  Retail continues to puke out ESN, along with the rest. 

High Arctic CEO resigning today is probably not a good sign for those looking for more m+a BUT we continue to think that Q2 for ESN will be revenues north of 30M and EBITDA of 2-3M.  Rig locator shows 248 rigs working as of today which crushed what we saw in 2015+2016 ..not back to 2014 levels but going right direction. 
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