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Bullboard - Stock Discussion Forum 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... see more

TSX:ESN - Post Discussion

Essential Energy Services Ltd > THIS STOCK WILL BE A DOUBLE SOON
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Post by ariesleaf on Aug 24, 2021 10:39am

THIS STOCK WILL BE A DOUBLE SOON

Word on the street is Oil&Gas company's are kicing the tire's on oilfield services.
Comment by Stonksonlyup90 on Aug 24, 2021 10:49am
Other oilfield services co's to be taken out before ESN due to the ridiculous Change of Control clause ESN has!
Comment by marketdiva on Aug 24, 2021 11:29am
Well then bring on the proxy fight that is well deserved , 11.65% have already voted against mgmt ; I just wish they would let themselves be known so I can give my votes to them ; they can turf mgmt and get rid of that clause intended to serve themselves and hurt shareholders 
Comment by Amadeus2011 on Aug 24, 2021 4:07pm
That would be a mistake.
Comment by Possibleidiot01 on Aug 28, 2021 9:35pm
Comment by Possibleidiot01 on Sep 06, 2021 6:28am
As far as I can tell , the change of control compensation clause at what i think is an industry standard of 2 x  would cost a purchaser of $7 million dollars which would be about 5 cents a share. Not a big deal in my opinion.
Comment by WanTBe1 on Sep 09, 2021 11:11am
Ok now you got that figured out. Start now and help Management look for a buyer's. We will talk about your commission after the sale.
Comment by marketdiva on Sep 10, 2021 2:35pm
Better still ...when the dissidents finally organize to clean house... let's get rid of the entire board and orchestrate a sale with no fee at all .....it's coming for sure
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