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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 Bever73on May 14, 2019 6:00pm
77 Views
Post# 29747097

RE:RE:No buyback, no new rev streams..idle equip

RE:RE:No buyback, no new rev streams..idle equipListen pal, the sector sucks.for everybody...but they still are lagging on decisions and doing nothing to create value and interest.....just preventative and reactionary
Amadeus2011 wrote: But if the sector was in better shape and we magically had some pipeline approvals and Trudeau was voted out and Horgan retired and Legault decided that energy from countries that behead and stone their own people is less "socially acceptable" than AB energy....well then...things would be looking up and you wouldn't be howling for the management to be fired...now would you.

No you wouldn't.
Just relax. Keep buying and get your average down. This is stock investing 101. If there is a buy out at some point it will certainly be for much more than 0.33 per share. If no buy out, the share price will rise over the long term as the political and regulatory landscape changes. It's inevitable.


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