Essential Energy Services Ltd T.ESN

ESN --- For what's it worth

[forkliftguy]

Brokerage Firm ,  "  Raymond James "   put out an outpeform rating and a 50 cent target  on ESN on March 4 , 2021  .   Because of that and the fact the company is trading at 30 % of book value , I added to my position on the opening March 5 , 2021  . I have lost my shirt on many stocks , but based on the current economic environment , I thought that the upside looked pretty good  .   Just on retired salesman's opinion !

[ariesleaf]

I think his target is low.

[Torontojay]

This is a pretty safe company to own. I have recommended this company to friends and family and they all thought I was nuts. "How could you invest in oil stocks when oil is down?" I convinced them that you need to have some safe investments in your portfolio and hold for when the outlook for oil is positive. Sometimes this could take years to play out but there is good value in oil