Comment by
WanTBe1 on Mar 15, 2022 11:03am
'Glory days ahead' for Canadian oilfield services stocks: BMO WE shell see.?
Comment by
auburn2 on Mar 15, 2022 3:10pm
Agreed on being skeptical. The producers are the better place to park capital for the foreseeable future. There's a great deal of competition for Canadian services with plenty of idle capacity.
Comment by
auburn2 on Mar 15, 2022 3:32pm
Nothing but speculation justifies the run-up in price in Essential. 2021 was not better than 2020. The financials don't lie. EBITDA last quarter of $2.4 million vs $4.1 million in the sasme quarter in 2020. Margin down from 17% to 7%.