Essential Energy Services Ltd. (ESN.TO)

He would like to see the price stay up here. There will be resistance at the September highs. Buy it above the resistance or at the support level.

An oilfield services company. Longer-term, he likes this. They are the Western Canadian leader in the coil tubing service business. Long-term, there is a good opportunity in this space. In the short term, he would be a little bit cautious on the entire services space. Profitability is pretty muted.

An oil service stock. He still believes in the company long-term and thinks it is a survivor. They not only cut the dividend, they eliminated the dividend. He wants to be there for the long-term.

He just talked to management this week. The stock has been hit pretty badly. They have a pristine balance sheet. They will survive and thrive when things turn around. It is very well managed. They will take advantage of other company’s missteps. He would never own an energy company because of its dividend, or any commodity company for that matter.

(Owns a small position.) A small cap, high quality oil service company operating mostly in Canada with some operations in the US. Unlike a lot of its competitors it has a pristine balance sheet so it will be a survivor. Really good management. Recently cut its dividend and there is a possibility that if things stay bad for a long time, it will eliminate its dividend. Things will probably get worse for them before they get better.

(Market Call Minute) On his short list.

(Top Pick Feb 5/14, Down 37.76%) All the oil services companies are being hit. A very well run company. They have parked a number of their rigs and have cut back on capital expenditures. When times get bad they do cut their dividends. He is not buying this stock right now.

Likes this company a lot. Dividend is very secure. They are the biggest coil tubing unit supplier in the sector. Every one of the horizontal wells that has been drilled in the Western Canadian sedimentary basin is going to need to be touched again and this company has a great toe hold in that market. Thinks they are in pretty good shape. This is a screaming Buy in his view.

Likes all oil service stocks. It has been hammered mercilessly. They have cut their dividend in the past and then brought it back. It is too early to know how the oil companies will react to a lower oil price.

(Top Pick Nov 25/13, Up Down 28.62%) Didn’t see this one coming. There is lots of drilling going on and their profitability is not going down.

Small oils services company that pays a dividend and could pay more. They have the largest coil tubing service units in Western Canada. It is a huge market for them. Dividend is secure and probably will go up.

Considered it as a top pick today. It was hurt by bad weather. Thinks it will be pretty good for the rest of the year. Good balance sheet and safe dividend.

(A Top Pick Aug 27/13. Up 8.84%.) Likes the story. This is coiled tubing. This is important technology in all the fracing. Have a bunch of new rigs coming that are thicker than normal and apparently in high demand. Last quarter they got their tooling business back on track again so now it seems the stock is on the up and up. Cheaper than all their peers and they pay a nice dividend.

(Market Call Minute.) A Hold at this point, but close to a Buy.

Had a bad couple of weeks. Has been up and down, and has been a disappointment to him. The company has come across with what they promised mostly, but the market doesn’t seem to care. Good yield that is well covered. They were adversely hurt by bad weather in Western Canada this year. Weather is not the problem now, and he expects recovery in their earnings for the rest of the year. Doesn’t understand why it has sold off so much. 5.2% dividend yield.