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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 TheStoveon Jul 29, 2019 10:23am
128 Views
Post# 29970191

RE:SA Article: The Land Mines in the Oilfield Services Sector

RE:SA Article: The Land Mines in the Oilfield Services Sector
A great bit of research and info Stockfy.
Just a point of clarity ....

Mentioned in the aricle is:
Ensign Energy Services (Calgary) is ENI.T
Not mentioned is:
Essential Energy Services (Calgary) is ESN.T
An easy mistake.
 
Your link (Seeking Alfa)
states to "discourage" investment
in a host of oilfield-sector stocks.
 
I believe the author in your link
is referring to Ensign Energy Services ESI.T,
(as he specifically mentions it by name)
And is omitting Essential Energy Services ESN.T
by name, I'd think that is a slightly positive note,
in a fairly negative list.
 
Therefore, I believe that ESN
is on the good side of this report,
and probably worthy of some positive notation.
 
As well as Amadeus, and Kanda 1,
you two are a breath of fresh-air on this site.

Thanks!
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