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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 May 21, 2018 2:39pm
148 Views
Post# 28060458

RE:RE:RE:RE:This stock will go no where

RE:RE:RE:RE:This stock will go no where This mgt team has had 14 years together and all we have to sow for it is a measly 22% off its all-time low. Inability to attract size-anchor instl. investors equates to a lack of confidence in this mgt team.  Where are the open market buys for ANY members of the BOD???  Not buying back stock at these levels is a complete dereliction of duty. 

As the analyst who initiated last week from Alta said which ill paraphrase.....extreme low valuation likely will eventually attract an acqisition hungry competitor.

Only a matter of time before the extreme low valuation relative to its Canadian and USA peers brings out a hostile bid and throw this pathetic mgt team out on this butts.


neigegarcon wrote: How be we let them run their business? ESN has come through a brutal downturn, and is in good shape to benefit from the uptick in activity going forward.


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