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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 Empire82on May 07, 2019 10:33pm
128 Views
Post# 29722799

Earnings

EarningsDespite revenues being down gross margins were actually up a slight bit. Also the trial hearing is on May 10th to see how much money ESN will get back. Also debt is only 10 million which is nothing. 

Thats the best I can do to positively spin these earnings. Other than that the sector still looks bad, we need Trudeau gone so we can start rebuilding this country. Liberals are impoverishing us and making this great nation poor all in the name of Climate Change BS

I think at 31 cents all of the negativity is priced in and then some



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