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CES Energy Solutions Corp T.CEU

Alternate Symbol(s):  CESDF

CES Energy Solutions Corp. is a Canada-based provider of consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. Its core businesses include drilling fluids and production and specialty chemicals. Its drilling fluids business operates throughout North America. The Company provides environmental and drilling fluids waste disposal services to operators active in the Western Canadian Sedimentary Basin (WCSB) through its Clear Environmental Solutions (Clear) division. The Company’s production specialty chemicals business operates in the United States and in the WCSB, with an emphasis on servicing the oil and natural gas liquids resource plays. It provides trucks and trailers specifically designed to transport drilling fluids to operators active in the WCSB through its Equal Transport (Equal) division.


TSX:CEU - Post by User

Bullboard Posts
Post by Roxy27on May 03, 2019 11:26am
80 Views
Post# 29706741

Projections

ProjectionsDoes anyone have access to research reports that compares the companies forward earnings projections to it's peers? Historically the company has always traded expensive (high multiple) to it's sector because of growth expectations and quality of mgm't. 
The problem is that while it is indeed growing revenue, its at decreasing margins, so it remains rather expensive on an earnings multiple. 

Good luck
Bullboard Posts