Bullboard - Stock Discussion Forum Essential Energy Services Ltd T.ESN

Energy Oil & Gas Equipment & Services

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... see more

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TSX:ESN - Post Discussion

Essential Energy Services Ltd > TIME IS NOW FOR MANAGEMENT TO LOOK AT MORE BUSINESS OPTIONS

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Post by ariesleaf on Dec 01, 2020 11:18am

TIME IS NOW FOR MANAGEMENT TO LOOK AT MORE BUSINESS OPTIONS

Like getting into Geothermal drilling.

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Comment by Gabora on Dec 02, 2020 3:08pm

They should get into well abandonment solutions. Like adding an orphan gas/oil well remediation service. GLE

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Comment by frankjosephjr1 on Dec 02, 2020 4:00pm

I think they are keeping cash in their pocket--just to be safe and survive, and weather this slumber that oil service stocks are in. Boring, but this stock has gone up 7 cents in a month and is consolidating between 19 and 22 cents. Next leg up could be to 28 cents. All depends on the price of oil. Let's hope there is more demand for oil.

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