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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 Icomeandgoon Jan 11, 2022 2:49pm
223 Views
Post# 34304892

RE:Hoping for a hostile takeover of ESN

RE:Hoping for a hostile takeover of ESN

The board is full of low risk mindset accountants that are waiting out their retirement bonuses including the vp and ceo. They made a lot of mistakes prior to 2014 with some "deals" and instead of repeating those pre 2014 mistakes in the Trudeau era, they've just managed the downturn with what they have which has turned the company into a debt free company with cash in hand. 

One positive sign that we should be excited about is bringing on this Bortolussi as a member, we now should see Esn make a bid for another service company in the next 6months to complement the existing services they provide, making Esn a more well rounded service company.  

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