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Essential Energy Services Ltd 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 sollmgon Sep 15, 2023 1:19pm
209 Views
Post# 35638609

RE:Low Ball Offer by Element

RE:Low Ball Offer by ElementLooked at Morningstar's ownership recordes (not the most reliable but all I could find) As of 31 Aug they have institutional ownership at 22,351,653 with Edge Point at 12,545,200. Total is less than 20 %. They don't have the votes required without retail support IMO.
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