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 > TIME IS NOW FOR MANAGEMENT TO LOOK AT MORE BUSINESS OPTIONS

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Comment by frankjosephjr1on Dec 02, 2020 4:00pm

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RE:RE:TIME IS NOW FOR MANAGEMENT TO LOOK AT MORE BUSINESS OPTIONS

I think they are keeping cash in their pocket--just to be safe and survive, and weather this slumber that oil service stocks are in.
Boring, but this stock has gone up 7 cents in a month and is consolidating between 19 and 22 cents.
Next leg up could be to 28 cents.
All depends on the price of oil.
Let's hope there is more demand for oil.

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