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CES Energy Solutions Corp T.CEU

Alternate Symbol(s):  CESDF

CES Energy Solutions Corp. is a Canada-based provider of consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. Its core businesses include drilling fluids and production and specialty chemicals. Its drilling fluids business operates throughout North America. Its production specialty chemicals business operates in the United States and in the Western Canadian Sedimentary Basin (WCSB), with an emphasis on servicing the oil and natural gas liquids resource plays. The Company provides environmental and drilling fluids waste disposal services to operators active in the WCSB through its Clear Environmental Solutions (Clear) division. It provides trucks and trailers specifically designed to transport drilling fluids to operators active in the WCSB through its Equal Transport (Equal) division.


TSX:CEU - Post by User

Post by retiredcfon Jun 21, 2022 6:54am
236 Views
Post# 34770511

Teal Linde

Teal LindeLast stock in the clip. As you will hear, he made ESI a top pick. But you could apply the same rationale to CEU (aside from the Murray Edwards connection) but unlike ESI, CEU actually has positive EPS and pays a dividend.  GLTA

https://www.bnnbloomberg.ca/video/teal-linde-s-top-picks~2468553

TOP PICK
Ensign Resource Service Group(ESI-T)
19/06/2022 at 08:00pm
 
Natural gas is at a 14 year high and oil is at an 8 year high while ESI is only at 3 1/2 year high. There is going to be demand for oil and gas for years to come and drillers will be beneficiaries. It is over-leveraged but has greater upside over other drillers when things work out. Also Murray Edwards owns 20% and his access to capital is pretty sufficient. Buy 7, Hold 2 Sell 0 (Analysts’ price target is $6.00)
OIL / GAS
 
Teal Linde
$3.56
Owned
 
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