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

Bullboard Posts

Comment by LuckyLuchon Jun 21, 2018 1:03pm

114 Views

Post# 28206709

RE:RE:RE:Essential loses $3.81-million in Q3

Sometimes things take longer than expected to work out. BC getting a socialst premier sure didnt help. The WCS/WTI spread blowout was def not expected but the valuation remains moronic and allowed me to take a much larger stake then I ever imagined back then. Having a CEO refusing to look at m+a options has been a hinderance.

As we have expressed to Garnet several times, we aint going anywhere. M+A has increased in the space....just a matter of time before pvt. equity or a peer makes a hostile bid.

Casperwy17 wrote:

LuckyLuch wrote: .40x tangible book value, 10 mil net debt. 6-8 bagger potential. 2-3 year time horizon.

That post was almost 2 years ago, share price same as today.