Essential Energy Services Ltd T.ESN

Energy Oil & Gas Equipment & Services

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.

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Essential Energy Services Ltd > Insanely mispriced!

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Comment by Torontojayon Nov 12, 2020 10:44am

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Post# 31884780

RE:RE:RE:RE:RE:RE:Insanely mispriced!

hawkowl1 wrote: Now we have to be paitient since it is tax loss selling season.

I mentioned this earlier in the year that this stock will be dragged down for the remainder of the year. I believe 2021 is when we will see a lift off in share price. I firmly believe this time next year we should see a minimum of 30-35 cents which is the pre-pandemic trading range. It deserves a much higher price than the pre-pandemic trading range so I'm being fairly conservative in my estimates.

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