RE:Where is ESN Stock going ?
I have a large position myself.
I think this company is finally ready to turn the corner.
The leadership team is starting to make moves that are beneficial to shareholders now that a significant portion of their remuneration is linked to stock options and stock performance.. The stock buybacks are active and constant via NCIB as well.
I think this upcoming 2nd quarter report will offer encouraging statements regarding the companies profitability going forward. In the 1st quarter report the CEO announced that customers were now on board with paying higher prices and additional premiums will be charged to non-recurring business partners.
I'm holding because I sincerely believe this stock has the potential to climb to $1 by year end.
Drilling activity is ramping up and it's only going to increase IMO over the next 3-5 years as the west tries to wean itself off of Russian fossil fuels during a time when the world is already seriously undersupplied.
I suggest hanging in there - I am.