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Secure Energy Services Inc T.SES

Alternate Symbol(s):  SECYF

SECURE Energy Services Inc. is a Canada-based company that operates waste management and energy infrastructure business. Its Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities, and specialty chemicals. Through the infrastructure network, it carries out business operations, including the processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers. Its services include produced and wastewater disposal, hazardous and non-hazardous waste processing and transfer, treatment of crude oil emulsions, metal recycling, drilling waste management and specialty chemicals. Its Energy Infrastructure segment includes a network of crude oil gathering pipelines, terminals and storage facilities. Through this infrastructure network, the Corporation engages in the transportation, optimization, terminalling, and storage of crude oil.


TSX:SES - Post by User

Bullboard Posts
Comment by KnottyOysteron Apr 17, 2020 1:51pm
235 Views
Post# 30922904

RE:RE:Buyback

RE:RE:Buyback
fuhriman wrote: Probably a better buy now then ever. I have spent 37yrs in the oil and gas industry and with operations that will slow but production remains. alot of the companies continue fracs as not to use disposal but with limited fracs they have no choice. One company i know spends 1 mill in disposal when operations for frac slows.JMO


Not to mention that a lack of maintenance and spending in operations, will inevitably lead to more spills occuring as things corrode, and inspections go down due to reduced staffing. This all leads to more cleanup operations (many of which are covered by insurance). So more landfilling, more water disposal required, etc. The announcement of government $ for orphan well cleanup will also likely benefit this company more than any producer, as they run a few hazardous waste class II landfills across the province that will surely see an influx of contaminated soils from these activities.
Bullboard Posts