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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

Post by hawkowl1on Mar 10, 2022 3:13pm
124 Views
Post# 34504077

Poison Pill put in by board..A big ph uck u to shareholders.

Poison Pill put in by board..A big ph uck u to shareholders.
  • The poison pills have the potential of damaging the long-term value of the shares issued by the business.
  • It dilutes the overall holdings of the stock for existing shareholders as well and they have to buy additional shares to balance their portfolio value.
  • Since takeover attempts are thwarted, the presence of incapable and ineffective managers prevails and they remain employed which results in operational inefficiency.
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