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Essential Energy Services Ltd 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 hawkowl1on Nov 26, 2020 10:33am
822 Views
Post# 31978202

Only option here is to hope for a take over.

Only option here is to hope for a take over.Management is being very passive . No insider purchases..No share buyback.
They will likely have a decent 4th quarter and yet still sitting on their hands in regards to improving value for benefit of  all shareholders.

Noticed several high ranking employees have no shares at all. A lot of options and rights but not a penny of their own money here.

So I do hope a service company with same services  is sizing up ESN .


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