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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 forkliftguyon Jul 04, 2022 11:16am
254 Views
Post# 34799169

Where is ESN Stock going ?

Where is ESN Stock going ?I first bought this stock 17 or 18 years ago at $1.20 a share . I think I sold it for a smalll profit .  I have   owned the stock a couple of times since then .  I now  own a fair number of shares .  The problem is that this stock has gone nowhere but basically down for 20 years .  If this was an NHL Hockey team , the management would have been dumped years ago .  It doesn't seem to matter if the price of oil is down or through the roof , as it is currently .   What does it take to make this company profitable ?  There must be some tough answers .  What exactly does the Board of Directors do ?    This isn;t my only disapointing investment . I have several of them ,  but I can't think of any that was 3 times it's current price twnty years ago.    Any Thoughts ? 


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